Price for Mica, Including Splittings; Mica Waste in Cameroon - 2022

Contents:

1. Price for Mica, Including Splittings; Mica Waste in Cameroon (FOB) - 2022
2. Price for Mica, Including Splittings; Mica Waste in Cameroon (CIF) - 2022
3. Exports of Mica, Including Splittings; Mica Waste in Cameroon
4. Imports of Mica, Including Splittings; Mica Waste in Cameroon

Price for Mica, Including Splittings; Mica Waste in Cameroon (FOB) - 2022

The average export price for mica, including splittings; mica wastes stood at $836 per ton in 2022, jumping by 20% against the previous year. Overall, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $2,541 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Equatorial Guinea ($989 per ton), while the average price for exports to France ($362 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 Equatorial Guinea (-7.0%).

Price for Mica, Including Splittings; Mica Waste in Cameroon (CIF) - 2022

The average import price for mica, including splittings; mica wastes stood at $1,540 per ton in 2022, dropping by -1.7% against the previous year. Over the period under review, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2020 an increase of 62%. The import price peaked at $2,444 per ton in 2014; however, from 2015 to 2022, 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 the United States ($10,000 per ton), while the price for India ($723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mica, Including Splittings; Mica Waste in Cameroon

After three years of growth, overseas shipments of mica, including splittings; mica wastes decreased by -42.5% to 9 tons in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 403% against the previous year. As a result, the exports reached the peak of 16 tons, and then reduced remarkably in the following year.

In value terms, mica, including splittings; mica waste exports contracted notably to $7.5K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, the exports attained the peak of $11K, and then fell rapidly in the following year.

Top Export Markets for Mica, Including Splittings; Mica Waste from Cameroon in 2022:

1. Equatorial Guinea (6.6 tons)
2. Gabon (1.2 tons)
3. France (1.1 tons)

Imports of Mica, Including Splittings; Mica Waste in Cameroon

In 2022, after two years of decline, there was significant growth in supplies from abroad of mica, including splittings; mica wastes, when their volume increased by 12% to 387 kg. Over the period under review, imports, however, showed a sharp decline.

In value terms, mica, including splittings; mica waste imports rose sharply to $596 in 2022. In general, imports, however, recorded a sharp shrinkage.

Top Suppliers of Mica, Including Splittings; Mica Waste to Cameroon in 2022:

1. United Kingdom (311.0 kg)
2. India (47.0 kg)
3. Gabon (12.0 kg)
4. France (8.0 kg)
5. Netherlands (5.0 kg)

Source: IndexBox Market Intelligence Platform