Mica; Powder Price in New Zealand - 2023

Contents:

  1. Mica; Powder Price in New Zealand (CIF) - 2022
  2. Mica; Powder Imports in New Zealand

Mica; Powder Price in New Zealand (CIF) - 2022

In 2022, the average mica; powder import price amounted to $1,091 per ton, increasing by 85% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +12.0% per year.

Mica; Powder Imports in New Zealand

In 2022, imports of mica; powders into New Zealand contracted notably to 254 tons, reducing by -66% against the previous year. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 274%. As a result, imports reached the peak of 748 tons, and then fell markedly in the following year.

In value terms, mica; powder imports reduced rapidly to $278K in 2022. Overall, imports showed a mild slump. The growth pace was the most rapid in 2021 with an increase of 148%. As a result, imports attained the peak of $442K, and then fell remarkably in the following year.

Import of Mica; Powder in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2161704232748.3%
Japan28.03.1N/AN/A-88.9%
Malaysia14.1N/A14.3N/A0.7%
Others29.34.84.43.4-51.2%
Total288178442278-1.2%

Top Suppliers of Mica; Powder to New Zealand in 2022:

  1. China (251.2 tons)

Source: IndexBox Market Intelligence Platform

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