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

South-Eastern Asia - Mica - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Mica Market 2022

Mica Market Size in South-Eastern Asia

In 2021, after three years of growth, there was decline in the Southeast Asian mica market, when its value decreased by -2.6% to $X. In general, consumption continues to indicate a buoyant increase. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Mica Production in South-Eastern Asia

In value terms, mica production fell markedly to $X in 2021 estimated in export price. In general, production, however, saw buoyant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 210%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Mica Exports

Exports in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of mica, when their volume increased by 40% to X tons. Overall, exports saw a tangible expansion. The most prominent rate of growth was recorded in 2013 with an increase of 305%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, mica exports soared to $X in 2021. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 211%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia represented the key exporting country with an export of about X tons, which finished at 58% of total exports. Vietnam (X tons) held the second position in the ranking, distantly followed by Singapore (X tons). All these countries together held approx. 41% share of total exports.

Malaysia was also the fastest-growing in terms of the mica exports, with a CAGR of +37.7% from 2012 to 2021. At the same time, Singapore (+11.4%) and Vietnam (+2.3%) displayed positive paces of growth. From 2012 to 2021, the share of Malaysia and Singapore increased by +53 and +7.7 percentage points, respectively.

In value terms, the largest mica supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Vietnam ($X), with a combined 99% share of total exports.

Malaysia, with a CAGR of +41.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, shrinking by -12.5% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of 85%. The level of export peaked at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+10.7%), while the other leaders experienced more modest paces of growth.

Mica Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of mica increased by 14% to X tons, rising for the third year in a row after four years of decline. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, mica imports fell markedly to $X in 2021. In general, imports, however, saw a mild descent. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

The countries with the highest levels of mica imports in 2021 were Vietnam (X tons), Malaysia (X tons) and Thailand (X tons), together reaching 98% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +9.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest mica importing markets in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Malaysia ($X), together comprising 84% of total imports.

Vietnam, with a CAGR of +3.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, dropping by -27.5% against the previous year. In general, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by 32%. The level of import peaked at $X per ton in 2020, and then declined markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Vietnam, Thailand and Malaysia, with a combined 93% share of total consumption.
Indonesia constituted the country with the largest volume of mica production, comprising approx. 71% of total volume. Moreover, mica production in Indonesia exceeded the figures recorded by the second-largest producer, Myanmar, fivefold. Singapore ranked third in terms of total production with a 9.6% share.
In value terms, the largest mica supplying countries in South-Eastern Asia were Malaysia, Singapore and Indonesia, with a combined 88% share of total exports.
In value terms, Vietnam, Thailand and Malaysia were the countries with the highest levels of imports in 2021, together comprising 87% of total imports.
The export price in South-Eastern Asia stood at $596 per ton in 2021, which is down by -34.9% against the previous year.
The import price in South-Eastern Asia stood at $867 per ton in 2021, shrinking by -27.3% against the previous year.

This report provides an in-depth analysis of the mica market in South-Eastern Asia. 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 South-Eastern Asia, split by region and country
    • Trade (exports and imports) in South-Eastern Asia
    • 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
      • Brunei Darussalam
      • Cambodia
      • Indonesia
      • Malaysia
      • Myanmar
      • Philippines
      • Singapore
      • Thailand
      • Timor-Leste
      • Vietnam
      • Lao People's Democratic Republic

    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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