Price for Mica, Including Splittings; Mica Waste in Nigeria - 2022
Contents:
- Price for Mica, Including Splittings; Mica Waste in Nigeria (FOB) - 2022
- Price for Mica, Including Splittings; Mica Waste in Nigeria (CIF) - 2022
- Exports of Mica, Including Splittings; Mica Waste in Nigeria
- Imports of Mica, Including Splittings; Mica Waste in Nigeria
Price for Mica, Including Splittings; Mica Waste in Nigeria (FOB) - 2022
The average export price for mica, including splittings; mica wastes stood at $289 per ton in 2022, with an increase of 29% against the previous year. In general, the export price saw a modest increase. The growth pace was the most rapid in 2013 when the average export price increased by 808% against the previous year. As a result, the export price reached the peak level of $2,203 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($411 per ton), while the average price for exports to China amounted to $287 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+12.8%).
Price for Mica, Including Splittings; Mica Waste in Nigeria (CIF) - 2022
In 2022, the average import price for mica, including splittings; mica wastes amounted to $493 per ton, with an increase of 4.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $530 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 States ($676 per ton), while the price for China ($77 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mica, Including Splittings; Mica Waste in Nigeria
In 2022, approx. 4.1K tons of mica, including splittings; mica wastes were exported from Nigeria; which is down by -30.8% compared with 2021. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,442% against the previous year. As a result, the exports reached the peak of 5.9K tons, and then declined remarkably in the following year.
In value terms, mica, including splittings; mica waste exports dropped to $1.2M in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,431% against the previous year. As a result, the exports reached the peak of $1.3M, and then fell in the following year.
| Export of Mica, Including Splittings; Mica Waste in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 366 | 49.0 | 1,281 | 1,153 | 46.6% |
| Others | 17.2 | 36.7 | 32.0 | 21.6 | 7.9% |
| Total | 383 | 85.7 | 1,313 | 1,174 | 45.3% |
Top Export Markets for Mica, Including Splittings; Mica Waste from Nigeria in 2022:
- China (4.0K tons)
Imports of Mica, Including Splittings; Mica Waste in Nigeria
Mica, including splittings; mica waste imports into Nigeria soared to 180 tons in 2022, picking up by 65% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. As a result, imports reached the peak of 329 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, mica, including splittings; mica waste imports soared to $89K in 2022. In general, imports posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 137% against the previous year. As a result, imports attained the peak of $126K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Mica, Including Splittings; Mica Waste in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 44.4 | 95.3 | 42.4 | 80.2 | 21.8% |
| India | 2.9 | 9.2 | 3.2 | 3.3 | 4.4% |
| United Kingdom | 3.2 | 5.5 | 2.0 | 3.0 | -2.1% |
| China | 0.8 | 2.7 | 0.4 | 0.6 | -9.1% |
| Others | 1.9 | 13.4 | 3.1 | 1.6 | -5.6% |
| Total | 53.2 | 126 | 51.0 | 88.5 | 18.5% |
Top Suppliers of Mica, Including Splittings; Mica Waste to Nigeria in 2022:
- Egypt (144.4 tons)
- India (18.2 tons)
- China (7.2 tons)
- United Kingdom (7.0 tons)
3024
This report provides an in-depth analysis of the mica market in Nigeria.
1734
This report provides an in-depth analysis of the global mica market.
3024
This report provides an in-depth analysis of the mica market in Nigeria.
1734
This report provides an in-depth analysis of the global mica market.
1951
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1004
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1958
Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
1951
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1004
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1958
Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
