Price for Mica, Including Splittings; Mica Waste in South Africa - 2023

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $344 per ton, shrinking by -14.9% against the previous year. In general, the import price saw a slight slump. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. As a result, import price reached the peak level of $527 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,922 per ton), while the price for Namibia ($94 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $985 per ton, with a decrease of -6.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,805% against the previous year. As a result, the export price reached the peak level of $1,950 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($4,130 per ton), while the average price for exports to Botswana ($341 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 (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mica, Including Splittings; Mica Waste in South Africa

Mica, including splittings; mica waste imports into South Africa skyrocketed to 845 tons in 2022, jumping by 54% compared with the previous year's figure. Overall, imports, however, saw a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year.

In value terms, mica, including splittings; mica waste imports soared to $290K in 2022. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 119%.

Import of Mica, Including Splittings; Mica Waste in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33533.1104222-12.8%
United Kingdom39.227.834.840.00.7%
India29.217.261.515.5-19.0%
NamibiaN/AN/AN/A2.10%
Zimbabwe47.715.46.7N/A-62.5%
Zambia3.7N/AN/AN/A0%
Others45.07.714.811.1-37.3%
Total499101222290-16.5%

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

  1. China (767.7 tons)
  2. India (31.2 tons)
  3. Namibia (22.2 tons)
  4. United Kingdom (20.8 tons)

Exports of Mica, Including Splittings; Mica Waste in South Africa

In 2022, mica, including splittings; mica waste exports from South Africa soared to 73 tons, with an increase of 20% against the previous year's figure. Over the period under review, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 167%.

In value terms, mica, including splittings; mica waste exports rose rapidly to $72K in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 236%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Mica, Including Splittings; Mica Waste in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe4.13.24.638.6111.2%
Malawi8.67.116.011.510.2%
Democratic Republic of the CongoN/AN/AN/A10.30%
MozambiqueN/AN/A1.63.7131.3%
Mauritius28.65.89.12.7-54.5%
Namibia0.71.21.92.552.9%
Botswana0.8N/AN/A0.7-4.4%
China9.8N/AN/AN/A0%
GermanyN/AN/A22.7N/A0%
Others8.61.98.62.2-36.5%
Total61.119.264.472.35.8%

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

  1. Zimbabwe (39.9 tons)
  2. Malawi (11.0 tons)
  3. Mozambique (9.5 tons)
  4. Namibia (4.7 tons)
  5. Democratic Republic of the Congo (2.5 tons)
  6. Botswana (2.0 tons)
  7. Mauritius (1.7 tons)

Source: IndexBox Market Intelligence Platform

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