Mica; Powder Price in Tanzania - 2022

Contents:

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

Mica; Powder Price in Tanzania (CIF) - 2022

The average mica; powder import price stood at $312 per ton in 2022, picking up by 8.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 125%. As a result, import price attained the peak level of $671 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($609 per ton), while the price for China ($139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+98.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Tanzania (FOB) - 2022

The average mica; powder export price stood at $630 per ton in 2022, picking up by 13% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica; powder export price increased by +95.2% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.3% per year.

Mica; Powder Imports in Tanzania

In 2022, approx. 351 tons of mica; powders were imported into Tanzania; picking up by 2,375% on 2021 figures. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica; powder imports surged to $110K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mica; Powder in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A69.20%
United Arab Emirates1.21.12.434.4206.1%
Turkey0.1N/A0.64.7260.9%
India0.7N/A0.11.322.9%
China0.10.10.9N/A200.0%
Others0.4N/AN/AN/A0%
Total2.51.34.1110253.0%

Top Suppliers of Mica; Powder to Tanzania in 2022:

  1. Thailand (250.0 tons)
  2. United Arab Emirates (73.5 tons)
  3. Turkey (24.9 tons)
  4. India (2.2 tons)
  5. China (0.3 tons)

Mica; Powder Exports in Tanzania

In 2022, the amount of mica; powders exported from Tanzania soared to 45 tons, jumping by 83% against 2021. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 16,947%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mica; powder exports surged to $28K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 16,986% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Mica; Powder in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.113.723.0258.3%
OthersN/AN/AN/A5.30%
Total0.50.113.728.3283.9%

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

  1. China (44.8 tons)

Source: IndexBox Market Intelligence Platform

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