Mica; Powder Price in Ukraine - 2023

Mica; Powder Price in Ukraine (CIF) - 2022

The average mica; powder import price stood at $619 per ton in 2022, surging by 42% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price reached 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 the UK ($1,727 per ton), while the price for Russia ($374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Ukraine (FOB) - 2022

In 2022, the average mica; powder export price amounted to $661 per ton, shrinking by -18.3% against the previous year. Over the period under review, the export price faced a dramatic decline. The growth pace was the most rapid in 2020 an increase of 5,542%. As a result, the export price attained the peak level of $23,616 per ton. From 2021 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 Uzbekistan.

From 2015 to 2022, the rate of growth in terms of prices for Russia amounted to +225.6% per year.

Mica; Powder Imports in Ukraine

In 2022, overseas purchases of mica; powders decreased by -83.4% to 172 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year.

In value terms, mica; powder imports declined sharply to $107K in 2022. In general, imports saw a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year.

Import of Mica; Powder in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	98.2	139	221	31.8	-31.3%
France	5.5	4.6	15.8	24.9	65.4%
Finland	N/A	2.9	17.2	15.5	131.2%
Austria	2.0	4.2	10.3	13.3	88.1%
Canada	4.0	1.7	N/A	7.6	23.9%
United Kingdom	40.2	17.1	16.3	7.1	-43.9%
Germany	37.4	42.2	49.2	1.0	-70.1%
China	20.2	22.0	59.1	N/A	71.0%
India	51.8	102	46.5	N/A	-5.3%
Others	9.3	29.7	15.3	5.3	-17.1%
Total	269	365	451	107	-26.5%

Top Suppliers of Mica; Powder to Ukraine in 2022:

China (undefined tons)
Russia (85.0 tons)
France (34.5 tons)
Finland (20.6 tons)
Austria (18.8 tons)
Canada (6.0 tons)
United Kingdom (4.1 tons)
Germany (0.9 tons)

Mica; Powder Exports in Ukraine

In 2022, the amount of mica; powders exported from Ukraine surged to 46 tons, rising by 30,424% against the previous year. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mica; powder exports surged to $31K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.