Price for Mica, Including Splittings; Mica Waste in the Dominican Republic - 2023

Contents:

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

Price for Mica, Including Splittings; Mica Waste in the Dominican Republic (CIF) - 2022

In 2022, the average import price for mica, including splittings; mica wastes amounted to $667 per ton, dropping by -7.6% against the previous year. In general, the import price saw a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 21% against the previous year. As a result, import price reached the peak level of $1,813 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($848 per ton), while the price for the United States amounted to $583 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.3%), while the prices for the other major suppliers experienced a decline.

Price for Mica, Including Splittings; Mica Waste in the Dominican Republic (FOB) - 2022

In 2022, the average export price for mica, including splittings; mica wastes amounted to $3,725 per ton, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 39%. As a result, the export price attained the peak level of $5,066 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +1.8% per year.

Imports of Mica, Including Splittings; Mica Waste in the Dominican Republic

In 2022, approx. 217 tons of mica, including splittings; mica wastes were imported into the Dominican Republic; growing by 1.9% on 2021. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 390%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, mica, including splittings; mica waste imports dropped to $145K in 2022. In general, imports showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 336%. As a result, imports reached the peak of $154K, and then declined in the following year.

Import of Mica, Including Splittings; Mica Waste in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.87.210387.533.5%
Spain17.17.913.656.548.9%
Others35.820.236.80.9-70.7%
Total89.735.315414517.4%

Top Suppliers of Mica, Including Splittings; Mica Waste to the Dominican Republic in 2022:

  1. United States (150.1 tons)
  2. Spain (66.6 tons)

Exports of Mica, Including Splittings; Mica Waste in the Dominican Republic

In 2022, after three years of growth, there was decline in overseas shipments of mica, including splittings; mica wastes, when their volume decreased by -0.3% to 1.9 tons. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 171%.

In value terms, mica, including splittings; mica waste exports dropped slightly to $7.2K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 137%.

Export of Mica, Including Splittings; Mica Waste in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti3.00.67.27.233.9%
BarbadosN/A6.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.07.17.27.233.9%

Top Export Markets for Mica, Including Splittings; Mica Waste from the Dominican Republic in 2022:

  1. Haiti (1.9 tons)

Source: IndexBox Market Intelligence Platform

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