Price for Mica, Including Splittings; Mica Waste in Denmark - 2023

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $1,591 per ton, surging by 35% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 75%. As a result, import price attained the peak level of $2,996 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 China ($8,264 per ton), while the price for Austria ($738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+55.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for mica, including splittings; mica wastes stood at $3,148 per ton in 2022, waning by -38.2% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 32%. The export price peaked at $9,238 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 France ($9,435 per ton), while the average price for exports to Germany ($2,426 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 UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mica, Including Splittings; Mica Waste in Denmark

After three years of growth, overseas purchases of mica, including splittings; mica wastes decreased by -18.9% to 241 tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 153% against the previous year. As a result, imports reached the peak of 298 tons, and then dropped significantly in the following year.

In value terms, mica, including splittings; mica waste imports expanded rapidly to $384K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 112% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Mica, Including Splittings; Mica Waste in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.418.640.5163136.0%
Austria42.636.012362.913.9%
Sweden1.61.862.642.2197.7%
IranN/AN/A26.132.223.4%
China10443.563.520.0-42.3%
France15.957.624.917.73.6%
Norway9.55.77.814.916.2%
Others11.81.71.930.837.7%
Total19816535038424.7%

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

  1. Austria (85.2 tons)
  2. Sweden (54.8 tons)
  3. Germany (35.8 tons)
  4. Iran (32.0 tons)
  5. France (17.9 tons)
  6. Norway (11.6 tons)
  7. China (2.4 tons)

Exports of Mica, Including Splittings; Mica Waste in Denmark

In 2022, the amount of mica, including splittings; mica wastes exported from Denmark soared to 36 tons, with an increase of 62% against 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 85%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, mica, including splittings; mica waste exports stood at $113K in 2022. Overall, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 99%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Mica, Including Splittings; Mica Waste in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.23.310.671.275.4%
Norway13.813.755.122.217.2%
United Kingdom7.35.62.37.40.5%
Sweden20.59.513.45.3-36.3%
Finland22.47.38.02.1-54.6%
France13.06.712.21.0-57.5%
Netherlands2.92.31.80.4-48.3%
Others16.18.29.23.4-40.4%
Total10956.61131131.2%

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

  1. Germany (29.3 tons)
  2. Norway (3.1 tons)
  3. Sweden (1.5 tons)
  4. United Kingdom (1.0 tons)
  5. Finland (0.4 tons)
  6. Netherlands (0.1 tons)
  7. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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