Mica; Powder Price in Mexico - 2023
Contents:
Mica; Powder Price in Mexico (CIF) - 2023
The average mica; powder import price stood at $1,578 per ton in May 2023, approximately equating the previous month. Over the period under review, the import price faced a deep reduction. As a result, import price attained the peak level of $6,536 per ton. From July 2022 to May 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From June 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to +8.8% per month.
Mica; Powder Imports in Mexico
For the third year in a row, Mexico recorded decline in overseas purchases of mica; powders, which decreased by -42% to 416 tons in 2022. In general, imports faced a sharp slump. The smallest decline of -38.4% was in 2020.
In value terms, mica; powder imports shrank remarkably to $450K in 2022. Over the period under review, imports recorded a dramatic descent.
Import of Mica; Powder in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,460 | 952 | 209 | 269 | -43.1% |
China | N/A | N/A | 231 | 98.1 | -57.5% |
Canada | N/A | N/A | N/A | 54.7 | 0% |
Spain | 892 | 637 | 102 | N/A | -66.2% |
Germany | 88.8 | 85.8 | N/A | N/A | -3.4% |
Others | 63.1 | N/A | 43.9 | 28.5 | -23.3% |
Total | 2,504 | 1,675 | 585 | 450 | -43.6% |
Top Suppliers of Mica; Powder to Mexico in 2022:
- United States (245.3 tons)
- China (97.9 tons)
- Canada (69.2 tons)
This report provides an in-depth analysis of the mica market in Mexico.
This report provides an in-depth analysis of the global mica market.
This report provides an in-depth analysis of the mica market in Mexico.
This report provides an in-depth analysis of the global mica market.
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