Mica; Waste Price in Australia - 2023

Contents:

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

Mica; Waste Price in Australia (CIF) - 2022

In 2022, the average mica; waste import price amounted to $769 per ton, dropping by -78.4% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. The growth pace was the most rapid in 2021 when the average import price increased by 552%. As a result, import price reached the peak level of $3,564 per ton, and then shrank markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($769 per ton), while the price for Germany totaled $769 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+998.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Waste Price in Australia (FOB) - 2022

The average mica; waste export price stood at $880 per ton in 2022, flattening at the previous year. In general, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. The export price peaked at $3,870 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -13.8% per year.

Mica; Waste Imports in Australia

In 2022, approx. 7.8 tons of mica; wastes were imported into Australia; increasing by 2,401% compared with 2021. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, mica; waste imports skyrocketed to $6K in 2022. Overall, imports showed a slight expansion.

Import of Mica; Waste in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.3N/AN/A4.510.9%
Germany2.5N/AN/A1.5-15.7%
ChinaN/A10.91.1N/A-89.9%
OthersN/AN/AN/AN/A0%
Total5.810.91.16.01.1%

Top Suppliers of Mica; Waste to Australia in 2022:

  1. India (5.9 tons)
  2. Germany (1.9 tons)

Mica; Waste Exports in Australia

After three years of growth, shipments abroad of mica; wastes decreased by -5.1% to 12 tons in 2022. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year.

In value terms, mica; waste exports contracted modestly to $10K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 8.8% against the previous year.

Export of Mica; Waste in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand9.09.810.710.34.6%
OthersN/AN/AN/AN/A0%
Total9.09.810.710.34.6%

Top Export Markets for Mica; Waste from Australia in 2022:

  1. New Zealand (11.7 tons)

Source: IndexBox Market Intelligence Platform

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