Mica; Powder Price in Estonia - 2023
Contents:
Mica; Powder Price in Estonia (CIF) - 2022
In 2022, the average mica; powder import price amounted to $873 per ton, growing by 4.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Finland ($1,744 per ton), while the price for Lithuania stood at $818 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+42.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mica; Powder Imports in Estonia
In 2022, imports of mica; powders into Estonia reached 66 tons, picking up by 3.6% on 2021 figures. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports attained the peak of 76 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, mica; powder imports amounted to $58K in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of $62K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mica; Powder in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 58.9 | 50.5 | 51.2 | -6.8% |
| Finland | N/A | 2.2 | 2.8 | 6.5 | 71.9% |
| Austria | 44.8 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 0.6 | 0.2 | 0.3 | -56.3% |
| Total | 48.4 | 61.7 | 53.5 | 58.0 | 6.2% |
Top Suppliers of Mica; Powder to Estonia in 2022:
- Lithuania (62.6 tons)
- Finland (3.7 tons)
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This report provides an in-depth analysis of the mica market in Estonia.
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