Price for Mica, Including Splittings; Mica Waste in Kenya - 2021

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $308 per ton, dropping by -8.8% against the previous year. Over the period under review, the import price, however, posted a modest increase. The pace of growth appeared the most rapid in 2015 an increase of 73%. The import price peaked at $567 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 United Arab Emirates ($511 per ton), while the price for the Netherlands ($40 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for mica, including splittings; mica wastes stood at $1,005 per ton in 2022, declining by -2.8% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2020 an increase of 174% against the previous year. The export price peaked at $1,762 per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 Uganda ($1,703 per ton), while the average price for exports to Rwanda ($245 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 Rwanda (+4.2%), while the prices for the other major destinations experienced a decline.

Imports of Mica, Including Splittings; Mica Waste in Kenya

In 2022, approx. 39 tons of mica, including splittings; mica wastes were imported into Kenya; with an increase of 37% on 2021. In general, imports saw strong growth. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. As a result, imports attained the peak of 57 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, mica, including splittings; mica waste imports soared to $12K in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn.

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

1. China (30.1 tons)
2. Netherlands (6.8 tons)
3. Portugal (0.8 tons)
4. India (0.4 tons)

Exports of Mica, Including Splittings; Mica Waste in Kenya

In 2022, approx. 10 tons of mica, including splittings; mica wastes were exported from Kenya; increasing by 32% compared with the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, mica, including splittings; mica waste exports soared to $10K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 202% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Uganda (5.0 tons)
2. Rwanda (4.8 tons)
3. China (0.6 tons)

Source: IndexBox Market Intelligence Platform