Price for Mica, Including Splittings; Mica Waste in Bahrain - 2022

Contents:

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

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

The average import price for mica, including splittings; mica wastes stood at $1,458 per ton in 2022, rising by 70% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,250 per ton), while the price for India ($810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+91.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $557 per ton, with a decrease of -18.1% against the previous year. Over the period under review, the export price, however, saw strong growth. The growth pace was the most rapid in 2015 an increase of 68%. As a result, the export price reached the peak level of $741 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($628 per ton), while the average price for exports to Saudi Arabia stood at $509 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.7%).

Imports of Mica, Including Splittings; Mica Waste in Bahrain

For the third year in a row, Bahrain recorded decline in overseas purchases of mica, including splittings; mica wastes, which decreased by -98.1% to 360 kg in 2022. In general, imports recorded a sharp setback. The smallest decline of -55.9% was in 2021.

In value terms, mica, including splittings; mica waste imports contracted notably to $525 in 2022. Over the period under review, imports continue to indicate a dramatic curtailment. The smallest decline of -21.6% was in 2021.

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

1. India (315.0 kg)
2. Germany (28.0 kg)
3. United States (17.0 kg)

Exports of Mica, Including Splittings; Mica Waste in Bahrain

In 2022, shipments abroad of mica, including splittings; mica wastes was finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt contraction.

In value terms, mica, including splittings; mica waste exports shrank to $9.3K in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%.

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

1. Saudi Arabia (9.8 tons)
2. United Arab Emirates (6.8 tons)

Source: IndexBox Market Intelligence Platform