Middle East: Worked Mica Market 2020

Worked Mica Market Size in Middle East

The revenue of the worked mica market in Middle East amounted to $X in 2017, surging by X% against the previous year. The worked mica consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. In that year, the worked mica market reached their peak level of $X. From 2009 to 2017, growth of the worked mica market stood at a somewhat lower level.

Worked Mica Production in Middle East

In 2017, the amount of worked mica produced in Middle East totaled X tons, falling by -X% against the previous year. The worked mica production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the worked mica production attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Worked Mica Exports in Middle East

In 2017, approx. X tons of worked mica were exported in Middle East; falling by -X% against the previous year. The worked mica exports continue to indicate a conspicuous growth. The most prominent rate of growth was recorded in 2014, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, worked mica exports stood at $X in 2017. The worked mica exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Worked Mica Exports by Country in Middle East

In 2017, Saudi Arabia (X tons) was the largest exporter for worked mica, mixed up X% of total exports. Turkey (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the United Arab Emirates (X%). The following exporters - Iran (X tons) and Lebanon (X tons) each finished at a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to worked mica exports from Saudi Arabia stood at +X%. At the same time, Lebanon (+X%), Iran (+X%), Turkey (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Lebanon, Iran, Turkey and Saudi Arabia decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest worked mica supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Saudi Arabia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and the United Arab Emirates (-X% per year).

Worked Mica Export Prices by Country in Middle East

In 2017, the worked mica export price in Middle East amounted to $X per kg, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009, when the export prices increased by X% y-o-y. In that year, the export prices for worked mica attained their peak level of $X per kg. From 2010 to 2017, growth of the export prices for worked mica failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Saudi Arabia ($X per kg), while Lebanon ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Worked Mica Imports in Middle East

In 2017, the amount of worked mica imported in Middle East totaled X tons, jumping by X% against the previous year. The worked mica imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, worked mica imports amounted to $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worked mica imports increased by +X% against 2013 indices. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Worked Mica Imports by Country in Middle East

The imports of the three major importers of worked mica, namely Saudi Arabia, the United Arab Emirates and Turkey, represented more than two-thirds of total import. Oman (X tons) ranks second in terms of the global imports with a X% share, followed by Iran (X%). Qatar (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Iran, Qatar, Oman and Kuwait lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Kuwait (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Worked Mica Import Prices by Country in Middle East

The worked mica import price in Middle East stood at $X per ton in 2017, reducing by -X% against the previous year. The worked mica import price continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% y-o-y. The level of import price peaked of $X per kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Iran ($X per kg), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform