Mica; Powder Price in Hungary - 2023

Mica; Powder Price in Hungary (CIF) - 2022

In 2022, the average mica; powder import price amounted to $1,045 per ton, with an increase of 14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 76% against the previous year. As a result, import price attained the peak level of $1,249 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,618 per ton), while the price for Romania ($449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Hungary (FOB) - 2022

In 2022, the average mica; powder export price amounted to $1,193 per ton, which is down by -88.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 495%. The export price peaked at $32,477 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($6,725 per ton), while the average price for exports to Croatia amounted to $954 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.

Mica; Powder Imports in Hungary

In 2022, supplies from abroad of mica; powders decreased by -20% to 119 tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 4.2%. As a result, imports reached the peak of 191 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mica; powder imports reduced to $124K in 2022. Over the period under review, imports showed a deep contraction. The smallest decline of -5.3% was in 2021.

Import of Mica; Powder in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	32.4	17.9	60.4	46.3	12.6%
Germany	37.9	36.5	35.2	42.5	3.9%
Czech Republic	30.6	32.6	31.4	16.3	-18.9%
Austria	5.3	4.1	3.6	5.6	1.9%
Slovenia	2.9	0.1	N/A	4.1	12.2%
France	60.4	39.9	0.8	1.5	-70.8%
Romania	1.4	N/A	N/A	1.3	-2.4%
Netherlands	4.1	N/A	N/A	N/A	0%
Others	8.7	13.4	5.4	6.5	-9.3%
Total	184	144	137	124	-12.3%

Top Suppliers of Mica; Powder to Hungary in 2022:

Germany (63.8 tons)
Czech Republic (29.4 tons)
China (12.8 tons)
Austria (6.3 tons)
Romania (3.0 tons)
Slovenia (2.4 tons)
France (0.5 tons)

Mica; Powder Exports in Hungary

For the fourth consecutive year, Hungary recorded growth in overseas shipments of mica; powders, which increased by 1,482% to 9.3 tons in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mica; powder exports surged to $11K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Mica; Powder in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Croatia	N/A	0.5	N/A	8.6	314.7%
Slovakia	N/A	N/A	1.0	1.4	40.0%
Serbia	N/A	N/A	3.7	N/A	0%
Others	2.6	2.0	1.6	1.1	-24.9%
Total	2.7	2.6	6.3	11.0	59.7%