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

Contents:

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

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

The average import price for mica, including splittings; mica wastes stood at $7,654 per ton in 2022, shrinking by -31% against the previous year. Overall, the import price, however, showed significant growth. The growth pace was the most rapid in 2021 when the average import price increased by 2,036% against the previous year. As a result, import price reached the peak level of $11,088 per ton, and then contracted dramatically in the following year.

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 France ($19,627 per ton), while the price for Finland ($952 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+115.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for mica, including splittings; mica wastes stood at $948 per ton in 2022, shrinking by -14.4% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2020 a decrease of -0.5% against the previous year. The export price peaked at $13,913 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,790 per ton), while the average price for exports to Latvia ($754 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 Russia (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mica, Including Splittings; Mica Waste in Lithuania

Mica, including splittings; mica waste imports into Lithuania surged to 12 tons in 2022, rising by 129% against the previous year. Over the period under review, imports, however, saw a sharp curtailment.

In value terms, mica, including splittings; mica waste imports surged to $88K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 60%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Mica, Including Splittings; Mica Waste in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria45.368.153.972.717.1%
France0.21.60.611.4284.9%
FinlandN/AN/AN/A2.30%
Others0.23.41.41.9111.8%
Total45.773.255.988.324.6%

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

  1. Austria (8.4 tons)
  2. Finland (2.4 tons)
  3. France (0.6 tons)

Exports of Mica, Including Splittings; Mica Waste in Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of mica, including splittings; mica wastes, when their volume decreased by -16.5% to 80 tons. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, the exports reached the peak of 96 tons, and then declined dramatically in the following year.

In value terms, mica, including splittings; mica waste exports contracted rapidly to $76K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 35%.

Export of Mica, Including Splittings; Mica Waste in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia46.058.956.555.86.6%
Russia5.38.236.36.14.8%
Latvia6.713.89.06.0-3.6%
Belarus4.53.84.70.1-71.9%
OthersN/AN/AN/A8.10%
Total62.684.610776.26.8%

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

  1. Estonia (68.5 tons)
  2. Latvia (8.0 tons)
  3. Russia (3.4 tons)
  4. Belarus (0.1 tons)

Source: IndexBox Market Intelligence Platform

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