Mica; Waste Price in Malaysia - 2021

Contents:

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

Mica; Waste Price in Malaysia (FOB) - 2022

In 2021, the average mica; waste export price amounted to $925 per ton, declining by -48.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. Over the period under review, the average export prices hit record highs at $3,505 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Singapore amounted to -28.3% per year.

Mica; Waste Price in Malaysia (CIF) - 2022

In 2022, the average mica; waste import price amounted to $375 per ton, rising by 8.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 90%. Over the period under review, average import prices attained the peak figure at $1,139 per ton in 2017; however, from 2018 to 2022, 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 the United States ($1,640 per ton), while the price for India ($261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%), while the prices for the other major suppliers experienced a decline.

Mica; Waste Exports in Malaysia

In 2021, approx. 25 tons of mica; wastes were exported from Malaysia; with an increase of 183% compared with 2020. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica; waste exports soared to $23K in 2021. Overall, total exports indicated a significant increase from 2020 to 2021: its value increased at an average annual rate of +45.5% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mica; Waste in Malaysia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
ThailandN/A22.70%
Singapore15.6N/A0%
OthersN/AN/A0%
Total15.622.745.5%

Top Export Markets for Mica; Waste from Malaysia in 2022:

  1. Thailand (24.6 tons)

Mica; Waste Imports in Malaysia

After two years of decline, supplies from abroad of mica; wastes increased by 256% to 5.2 tons in 2022. In general, imports, however, recorded a significant curtailment.

In value terms, mica; waste imports soared to $1.9K in 2022. Over the period under review, imports, however, saw a precipitous contraction.

Import of Mica; Waste in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore16.11.80.31.2-57.9%
United States7.00.70.10.4-61.5%
China5.10.50.10.3-61.1%
Others0.10.5N/AN/A400.0%
Total28.33.40.51.9-59.4%

Top Suppliers of Mica; Waste to Malaysia in 2022:

  1. Singapore (4.6 tons)
  2. United States (0.3 tons)
  3. China (0.3 tons)

Source: IndexBox Market Intelligence Platform

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