Mica; Waste Price in South Africa - 2023

Mica; Waste Price in South Africa (FOB) - 2022

The average mica; waste export price stood at $296 per ton in 2022, shrinking by -6.4% against the previous year. Overall, the export price saw a mild reduction. The growth pace was the most rapid in 2015 when the average export price increased by 1,508%. Over the period under review, the average export prices attained the peak figure at $986 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($341 per ton), while the average price for exports to Botswana stood at $289 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (-12.9%), while the prices for the other major destinations experienced a decline.

Mica; Waste Price in South Africa (CIF) - 2022

In 2022, the average mica; waste import price amounted to $36,809 per ton, with a decrease of -72.9% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 1,077%. Over the period under review, average import prices attained the peak figure at $195,433 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 China amounted to +88.1% per year.

Mica; Waste Exports in South Africa

After two years of decline, overseas shipments of mica; wastes increased by 548% to 1.1 tons in 2022. In general, exports, however, continue to indicate a deep setback.

In value terms, mica; waste exports surged to $328 in 2022. Over the period under review, exports, however, recorded a significant curtailment.

Export of Mica; Waste in South Africa (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Botswana	984	468	46.0	282	-34.1%
Zimbabwe	157	75.0	7.0	45.0	-34.1%
Namibia	4.0	58.0	N/A	N/A	1350.0%
Others	3.0	N/A	1.0	1.0	-30.7%
Total	1,148	601	54.0	328	-34.1%

Top Export Markets for Mica; Waste from South Africa in 2022:

Botswana (975.0 kg)
Zimbabwe (131.0 kg)

Mica; Waste Imports in South Africa

In 2022, approx. 5 kg of mica; wastes were imported into South Africa; jumping by 400% compared with 2021 figures. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica; waste imports shrank slightly to $180 in 2022. Overall, imports, however, showed a abrupt decrease. The smallest decline of -1.6% was in 2021.