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Report Asia-Pacific - Mica - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Mica - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Mica Market 2022

Mica Market Size in Asia-Pacific

The Asia-Pacific mica market skyrocketed to $X in 2021, increasing by 181% against the previous year. Over the period under review, consumption posted buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mica Production in Asia-Pacific

In value terms, mica production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Mica Exports

Exports in Asia-Pacific

After nine years of growth, shipments abroad of mica decreased by -85.1% to X tons in 2021. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 15% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined notably in the following year.

In value terms, mica exports shrank dramatically to $X in 2021. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 15% against the previous year. The level of export peaked at $X in 2020, and then fell sharply in the following year.

Exports by Country

India represented the main exporting country with an export of around X tons, which reached 80% of total exports. China (X tons) held the second position in the ranking, followed by Japan (X tons). All these countries together held near 17% share of total exports. Pakistan (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of -13.3% from 2012 to 2021. At the same time, Japan (+19.3%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +19.3% from 2012-2021. By contrast, Pakistan (-2.4%) and China (-6.0%) illustrated a downward trend over the same period. While the share of China (+5.3 p.p.) and Japan (+4.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-10.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest mica supplier in Asia-Pacific, comprising 75% of total exports. The second position in the ranking was taken by China ($X), with a 19% share of total exports. It was followed by Japan, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value in India stood at -12.0%. In the other countries, the average annual rates were as follows: China (+8.8% per year) and Japan (+3.8% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, with an increase of 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the other leaders experienced more modest paces of growth.

Mica Imports

Imports in Asia-Pacific

Mica imports surged to X tons in 2021, growing by 33% on the previous year's figure. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, mica imports skyrocketed to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.1% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 42% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

China dominates imports structure, finishing at X tons, which was approx. 94% of total imports in 2021. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the mica imports, with a CAGR of +10.3% from 2012 to 2021. Japan (-2.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +9.1 percentage points.

In value terms, China ($X) constitutes the largest market for imported mica in Asia-Pacific, comprising 90% of total imports. The second position in the ranking was held by Japan ($X), with a 6.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +9.2%.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, growing by 2% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2016 when the import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, India and Japan, with a combined 98% share of total consumption.
India remains the largest mica producing country in Asia-Pacific, accounting for 97% of total volume. It was followed by Sri Lanka, with a 1.8% share of total production.
In value terms, India remains the largest mica supplier in Asia-Pacific, comprising 72% of total exports. The second position in the ranking was occupied by China, with a 21% share of total exports. It was followed by Japan, with a 3% share.
In value terms, China constitutes the largest market for imported mica in Asia-Pacific, comprising 90% of total imports. The second position in the ranking was occupied by Japan, with a 6.8% share of total imports.
The export price in Asia-Pacific stood at $584 per ton in 2021, waning by -3.9% against the previous year.
The import price in Asia-Pacific stood at $428 per ton in 2021, growing by 1.6% against the previous year.

This report provides an in-depth analysis of the mica market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Asia-Pacific, split by region and country
    • Trade (exports and imports) in Asia-Pacific
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Afghanistan
      • Australia
      • Bangladesh
      • Bhutan
      • Brunei Darussalam
      • Cambodia
      • China
      • Hong Kong SAR
      • Macao SAR
      • Cook Islands
      • Fiji
      • French Polynesia
      • India
      • Indonesia
      • Japan
      • Kiribati
      • Malaysia
      • Maldives
      • Marshall Islands
      • Micronesia
      • Myanmar
      • Nepal
      • New Caledonia
      • New Zealand
      • Northern Mariana Islands
      • Pakistan
      • Palau
      • Papua New Guinea
      • Philippines
      • Samoa
      • Singapore
      • Solomon Islands
      • South Korea
      • Sri Lanka
      • Taiwan (Chinese)
      • Thailand
      • Timor-Leste
      • Tokelau
      • Tonga
      • Tuvalu
      • Vanuatu
      • Vietnam
      • Wallis and Futuna Islands
      • Lao People's Democratic Republic
      • American Samoa
      • Democratic People's Republic of Korea
      • Nauru
      • Niue
      • Guam

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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