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

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $1,688 per ton, picking up by 73% against the previous year. In general, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($5,433 per ton), while the price for Norway ($735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $2,115 per ton, jumping by 196% against the previous year. Overall, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Angola ($2,621 per ton), while the average price for exports to Poland ($249 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 China (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mica, Including Splittings; Mica Waste in Portugal

In 2022, purchases abroad of mica, including splittings; mica wastes decreased by -48.3% to 168 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, imports attained the peak of 324 tons, and then plummeted in the following year.

In value terms, mica, including splittings; mica waste imports fell to $283K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $317K, and then shrank in the following year.

Import of Mica, Including Splittings; Mica Waste in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany73.797.173.515427.8%
Netherlands79.583.311194.35.9%
Spain23.014.121.620.6-3.6%
NorwayN/A2.79.97.162.2%
Denmark7.58.8N/A5.5-9.8%
China6.5N/AN/A0.5-57.5%
IndiaN/AN/A27.10.1-99.6%
United Arab EmiratesN/AN/A14.9N/A0%
ItalyN/A26.255.0N/A109.9%
Others0.27.34.10.965.1%
Total19023931728314.2%

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

  1. Netherlands (94.9 tons)
  2. Germany (28.3 tons)
  3. Spain (26.2 tons)
  4. Norway (9.6 tons)
  5. Denmark (7.0 tons)
  6. China (0.7 tons)
  7. India (0.1 tons)

Exports of Mica, Including Splittings; Mica Waste in Portugal

In 2022, shipments abroad of mica, including splittings; mica wastes was finally on the rise to reach 192 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mica, including splittings; mica waste exports soared to $406K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mica, Including Splittings; Mica Waste in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/A4.63778095.7%
Morocco5.77.68.67.59.6%
France9.521.916.46.5-11.9%
KenyaN/AN/AN/A4.70%
Ghana7.92.77.44.3-18.4%
AustriaN/A0.5N/A2.6128.0%
Poland1.1N/AN/A0.7-14.0%
Australia2.3N/AN/AN/A0%
Others2.8N/A6.11.8-13.7%
Total29.332.843.1406140.2%

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

  1. Angola (143.9 tons)
  2. France (23.9 tons)
  3. Austria (9.2 tons)
  4. Ghana (3.0 tons)
  5. Poland (3.0 tons)
  6. Morocco (3.0 tons)
  7. Kenya (3.0 tons)

Source: IndexBox Market Intelligence Platform

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