Price for Mica, Including Splittings; Mica Waste in Guatemala - 2023

Contents:

  1. Price for Mica, Including Splittings; Mica Waste in Guatemala (CIF) - 2022
  2. Imports of Mica, Including Splittings; Mica Waste in Guatemala

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

The average import price for mica, including splittings; mica wastes stood at $4,374 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 78%. Over the period under review, average import prices reached the maximum at $9,019 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Malaysia ($13,338 per ton), while the price for the United States ($3,508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Mica, Including Splittings; Mica Waste in Guatemala

In 2022, after three years of growth, there was significant decline in purchases abroad of mica, including splittings; mica wastes, when their volume decreased by -9.9% to 1.7 tons. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year.

In value terms, mica, including splittings; mica waste imports contracted to $7.3K in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 41%.

Import of Mica, Including Splittings; Mica Waste in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.35.06.03.95.7%
ChinaN/AN/AN/A2.50%
MalaysiaN/AN/A0.30.9200.0%
Mexico0.71.40.5N/A-15.5%
Brazil0.91.21.4N/A24.7%
Others0.60.30.10.1-45.0%
Total5.67.98.27.39.2%

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

  1. United States (1105.0 kg)
  2. China (499.0 kg)
  3. Malaysia (71.0 kg)

Source: IndexBox Market Intelligence Platform

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