Mica; Powder Price in Peru - 2021

Contents:

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

Mica; Powder Price in Peru (CIF) - 2022

In 2022, the average mica; powder import price amounted to $2,773 per ton, almost unchanged from the previous year. In general, the import price recorded noticeable growth. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 France ($12,478 per ton), while the price for Brazil ($298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+78.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Mica; Powder Price in Peru (FOB) - 2022

The average mica; powder export price stood at $538 per ton in 2022, reducing by -8.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 37%. As a result, the export price attained the peak level of $753 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($3,561 per ton), while the average price for exports to Venezuela ($115 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 Colombia (+20.6%), while the prices for the other major destinations experienced a decline.

Mica; Powder Imports in Peru

In 2022, approx. 66 tons of mica; powders were imported into Peru; with a decrease of -33.4% compared with 2021 figures. Over the period under review, imports, however, continue to indicate perceptible growth. The growth pace was the most rapid in 2021 with an increase of 171% against the previous year. As a result, imports reached the peak of 99 tons, and then reduced markedly in the following year.

In value terms, mica; powder imports dropped significantly to $183K in 2022. Overall, imports, however, showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 185%. As a result, imports attained the peak of $271K, and then dropped notably in the following year.

Top Suppliers of Mica; Powder to Peru in 2022:

1. Germany (24.6 tons)
2. Brazil (18.6 tons)
3. Canada (9.5 tons)
4. United States (4.3 tons)
5. Norway (3.3 tons)
6. France (2.6 tons)
7. Belgium (1.5 tons)

Mica; Powder Exports in Peru

Mica; powder exports from Peru skyrocketed to 22 tons in 2022, rising by 27% on the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, mica; powder exports soared to $12K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Chile (9.8 tons)
2. Venezuela (6.4 tons)
3. Ecuador (3.5 tons)
4. Colombia (1.6 tons)
5. Bolivia (1.0 tons)

Source: IndexBox Market Intelligence Platform