Mica; Powder Price in Vietnam - 2021
Contents:
- Mica; Powder Price in Vietnam (CIF) - 2022
- Mica; Powder Price in Vietnam (FOB) - 2022
- Mica; Powder Imports in Vietnam
- Mica; Powder Exports in Vietnam
Mica; Powder Price in Vietnam (CIF) - 2022
The average mica; powder import price stood at $901 per ton in 2022, shrinking by -10.3% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +34.6% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $1,400 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Thailand ($1,971 per ton), while the price for Taiwan (Chinese) ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mica; Powder Price in Vietnam (FOB) - 2022
In 2022, the average mica; powder export price amounted to $439 per ton, which is down by -30.3% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 35%. The export price peaked at $674 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,000 per ton), while the average price for exports to Japan ($433 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 Singapore (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.
Mica; Powder Imports in Vietnam
Mica; powder imports into Vietnam declined to 1.2K tons in 2022, with a decrease of -5.6% compared with the year before. Over the period under review, imports showed a deep setback. The smallest decline of -3.9% was in 2021.
In value terms, mica; powder imports contracted remarkably to $1.1M in 2022. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 44%.
| Import of Mica; Powder in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 970 | 533 | 790 | 609 | -14.4% |
| South Korea | 32.4 | 19.2 | 25.7 | 121 | 55.1% |
| India | 134 | 57.9 | 75.9 | 104 | -8.1% |
| Singapore | 135 | 52.8 | 70.5 | 44.2 | -31.1% |
| Malaysia | 43.4 | 16.7 | 27.0 | 32.3 | -9.4% |
| France | 10.3 | 4.5 | 21.4 | 25.7 | 35.6% |
| Japan | 98.2 | 27.9 | 44.4 | 21.2 | -40.0% |
| United States | 38.8 | 12.2 | 11.5 | 17.2 | -23.8% |
| Norway | 28.5 | 17.9 | 9.2 | 16.5 | -16.7% |
| Canada | 171 | 81.7 | 135 | 14.9 | -55.7% |
| Taiwan (Chinese) | 1.0 | 2.9 | 5.3 | 6.3 | 84.7% |
| Others | 167 | 57.2 | 57.6 | 65.9 | -26.7% |
| Total | 1,830 | 884 | 1,274 | 1,079 | -16.1% |
Top Suppliers of Mica; Powder to Vietnam in 2022:
- China (773.2 tons)
- South Korea (119.6 tons)
- India (78.4 tons)
- Taiwan (Chinese) (46.0 tons)
- Singapore (28.4 tons)
- Malaysia (25.1 tons)
- France (19.6 tons)
- Norway (18.6 tons)
- Canada (17.5 tons)
- Japan (15.9 tons)
- United States (14.6 tons)
Mica; Powder Exports in Vietnam
In 2022, mica; powder exports from Vietnam soared to 24 tons, growing by 19% compared with the previous year's figure. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, mica; powder exports contracted markedly to $11K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $13K, and then shrank markedly in the following year.
| Export of Mica; Powder in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.6 | 8.0 | 1.9 | 10.3 | 16.0% |
| South Korea | 0.2 | 0.4 | 6.1 | 0.3 | 14.5% |
| Thailand | N/A | N/A | 2.4 | N/A | 0% |
| Others | N/A | 0.1 | 2.5 | N/A | 2400.0% |
| Total | 6.8 | 8.4 | 12.9 | 10.7 | 16.3% |
Top Export Markets for Mica; Powder from Vietnam in 2022:
- Japan (23.9 tons)
- South Korea (0.5 tons)
333
This report provides an in-depth analysis of the mica market in Vietnam.
2020
This report provides an in-depth analysis of the global mica market.
333
This report provides an in-depth analysis of the mica market in Vietnam.
2020
This report provides an in-depth analysis of the global mica market.
1987
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1987
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1040
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1993
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