Mica; Powder Price in Belgium - 2023

Contents:

1. Mica; Powder Price in Belgium (CIF) - 2022
2. Mica; Powder Price in Belgium (FOB) - 2022
3. Mica; Powder Imports in Belgium
4. Mica; Powder Exports in Belgium

Mica; Powder Price in Belgium (CIF) - 2022

In 2022, the average mica; powder import price amounted to $844 per ton, increasing by 31% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 38%. The import price peaked in 2022 and is likely to see gradual 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 ($2,139 per ton), while the price for Italy ($310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Belgium (FOB) - 2022

The average mica; powder export price stood at $1,905 per ton in 2022, growing by 50% against the previous year. Over the period under review, the export price continues to indicate a perceptible expansion. The growth pace was the most rapid in 2017 when the average export price increased by 124% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,304 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($10,333 per ton), while the average price for exports to the Netherlands ($576 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 States (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Mica; Powder Imports in Belgium

In 2022, supplies from abroad of mica; powders decreased by -49.5% to 1.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 88%. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mica; powder imports contracted markedly to $1.2M in 2022. Overall, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.

Top Suppliers of Mica; Powder to Belgium in 2022:

1. India (865.4 tons)
2. France (266.0 tons)
3. Netherlands (127.4 tons)
4. Germany (84.1 tons)
5. Italy (78.4 tons)
6. United Kingdom (12.8 tons)

Mica; Powder Exports in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of mica; powders, when their volume decreased by -78.9% to 218 tons. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 951% against the previous year.

In value terms, mica; powder exports fell sharply to $414K in 2022. In general, exports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2020 with an increase of 227% against the previous year.

Top Export Markets for Mica; Powder from Belgium in 2022:

1. Netherlands (86.4 tons)
2. France (52.4 tons)
3. Italy (22.6 tons)
4. Saudi Arabia (12.0 tons)
5. Austria (8.7 tons)
6. Germany (6.9 tons)
7. United States (4.0 tons)
8. Philippines (3.4 tons)

Source: IndexBox Market Intelligence Platform