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

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $368 per ton, which is down by -3.6% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica, including splittings; mica waste import price increased by +62.7% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the peak figure at $382 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,174 per ton), while the price for India ($245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for mica, including splittings; mica wastes stood at $159 per ton in 2022, increasing by 32% against the previous year. Overall, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 62%. The export price peaked at $597 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($1,101 per ton), while the average price for exports to Kuwait ($54 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 the United Arab Emirates (-13.5%), while the prices for the other major destinations experienced a decline.

Imports of Mica, Including Splittings; Mica Waste in Iran

In 2022, the amount of mica, including splittings; mica wastes imported into Iran reduced to 916 tons, falling by -8.6% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 1K tons, and then declined in the following year.

In value terms, mica, including splittings; mica waste imports dropped to $337K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $383K, and then contracted in the following year.

Import of Mica, Including Splittings; Mica Waste in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India82.512321420335.0%
Turkey15.819.238.846.643.4%
United Arab Emirates8.92.229.229.649.3%
China92.911970.427.9-33.0%
Others35.827.630.430.3-5.4%
Total23629138333712.6%

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

  1. India (828.8 tons)
  2. China (27.6 tons)
  3. United Arab Emirates (23.2 tons)
  4. Turkey (21.4 tons)

Exports of Mica, Including Splittings; Mica Waste in Iran

After three years of growth, shipments abroad of mica, including splittings; mica wastes decreased by -47.5% to 135 tons in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 497%.

In value terms, mica, including splittings; mica waste exports dropped notably to $21K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 495%.

Export of Mica, Including Splittings; Mica Waste in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.84.27.87.3109.0%
Afghanistan0.63.16.05.8113.0%
Iraq0.10.84.13.4224.0%
Denmark0.21.02.72.6135.1%
Kuwait0.41.31.21.865.1%
AzerbaijanN/A0.30.50.415.5%
TurkmenistanN/AN/A7.3N/A0%
OthersN/A1.51.40.1-74.2%
Total2.012.030.921.4120.4%

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

  1. Iraq (55.4 tons)
  2. Kuwait (34.1 tons)
  3. China (33.3 tons)
  4. Afghanistan (5.3 tons)
  5. Denmark (3.5 tons)
  6. Azerbaijan (2.3 tons)

Source: IndexBox Market Intelligence Platform

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