Mica; Powder Price in Iran - 2022

Contents:

  1. Mica; Powder Price in Iran (CIF) - 2022
  2. Mica; Powder Price in Iran (FOB) - 2022
  3. Mica; Powder Imports in Iran
  4. Mica; Powder Exports in Iran

Mica; Powder Price in Iran (CIF) - 2022

In 2022, the average mica; powder import price amounted to $347 per ton, declining by -6.2% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica; powder import price increased by +9.0% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 70%. As a result, import price attained the peak level of $388 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 Turkey ($2,293 per ton), while the price for India ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Iran (FOB) - 2022

The average mica; powder export price stood at $425 per ton in 2022, declining by -17.3% against the previous year. In general, the export price continues to indicate a perceptible setback. The growth pace was the most rapid in 2015 when the average export price increased by 105% against the previous year. The export price peaked at $930 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($2,085 per ton), while the average price for exports to Iraq ($171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+524.3%), while the prices for the other major destinations experienced mixed trend patterns.

Mica; Powder Imports in Iran

After three years of growth, supplies from abroad of mica; powders decreased by -7% to 904 tons in 2022. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%.

In value terms, mica; powder imports declined to $314K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of $360K, and then reduced in the following year.

Import of Mica; Powder in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12215624719416.7%
Turkey23.324.344.737.417.1%
China4.640.46.427.481.3%
Germany31.717.623.019.9-14.4%
United Arab Emirates13.12.815.613.51.0%
Others28.527.723.522.2-8.0%
Total22326836031412.1%

Top Suppliers of Mica; Powder to Iran in 2022:

  1. India (814.5 tons)
  2. China (39.2 tons)
  3. United Arab Emirates (19.0 tons)
  4. Turkey (16.3 tons)
  5. Germany (13.3 tons)

Mica; Powder Exports in Iran

After two years of decline, shipments abroad of mica; powders increased by 11% to 47 tons in 2022. In general, exports, however, recorded a abrupt downturn.

In value terms, mica; powder exports contracted to $20K in 2022. Over the period under review, exports, however, continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 20%.

Export of Mica; Powder in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark33.36.110.37.7-38.6%
Iraq7.61.23.76.0-7.6%
KuwaitN/AN/A0.44.51025.0%
Azerbaijan7.81.71.81.1-47.9%
Turkey0.11.11.10.791.3%
Uzbekistan2.20.10.20.1-64.3%
BelgiumN/A6.84.4N/A-35.3%
Sri LankaN/A1.1N/AN/A0%
Others0.50.20.20.1-41.5%
Total51.518.322.020.1-26.9%

Top Export Markets for Mica; Powder from Iran in 2022:

  1. Iraq (35.0 tons)
  2. Denmark (5.2 tons)
  3. Azerbaijan (3.5 tons)
  4. Kuwait (2.2 tons)
  5. Turkey (0.8 tons)
  6. Uzbekistan (0.7 tons)

Source: IndexBox Market Intelligence Platform

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