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

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

The average import price for mica, including splittings; mica wastes stood at $1,822 per ton in 2022, falling by -14.8% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 426% against the previous year. As a result, import price reached the peak level of $6,369 per ton. From 2015 to 2022, the average 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 China ($4,880 per ton), while the price for Austria ($619 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for mica, including splittings; mica wastes stood at $608 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15%. As a result, the export price reached the peak level of $1,017 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2014 to 2022, the rate of growth in terms of prices for Romania amounted to +0.8% per year.

Imports of Mica, Including Splittings; Mica Waste in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in supplies from abroad of mica, including splittings; mica wastes, which increased by 67% to 110 tons in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 377%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, mica, including splittings; mica waste imports skyrocketed to $201K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 436% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Mica, Including Splittings; Mica Waste in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	0.6	97.4	130	1372.0%
Austria	5.4	10.1	31.7	49.3	109.0%
Germany	3.9	2.6	5.6	5.4	11.5%
United Kingdom	12.4	N/A	N/A	N/A	0%
Others	2.4	13.1	6.5	16.5	90.1%
Total	24.1	26.4	141	201	102.8%

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

Austria (79.7 tons)
China (26.6 tons)
Germany (3.5 tons)

Exports of Mica, Including Splittings; Mica Waste in Bulgaria

In 2022, the amount of mica, including splittings; mica wastes exported from Bulgaria surged to 2.7 tons, increasing by 88% compared with 2021. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica, including splittings; mica waste exports skyrocketed to $1.6K in 2022. In general, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.4% against 2020 indices.