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

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

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Southern Asia: Mica Market 2022

Mica Market Size in Southern Asia

After eight years of decline, the South Asian mica market increased by 676% to $X in 2021. Over the period under review, consumption saw a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mica Production in Southern Asia

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 +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Mica Exports

Exports in Southern Asia

In 2021, overseas shipments of mica decreased by -87.2% to X tons for the first time since 2011, thus ending a nine-year rising trend. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 15% against the previous year. The volume of export peaked at X tons in 2020, and then shrank notably in the following year.

In value terms, mica exports reduced sharply to $X in 2021. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

India dominates exports structure, recording X tons, which was approx. 97% of total exports in 2021. Pakistan (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to mica exports from India stood at -13.3%. Pakistan (-2.4%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest mica supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 1.4% share of total exports.

In India, mica exports declined by an average annual rate of -12.0% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, picking up by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+3.4%).

Mica Imports

Imports in Southern Asia

Mica imports soared to X tons in 2021, with an increase of 16% on 2020. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 99% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, mica imports surged to $X in 2021. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 51% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

India was the main importing country with an import of about X tons, which finished at 81% of total imports. It was distantly followed by Bangladesh (X tons), generating an 18% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to mica imports into India stood at +14.4%. At the same time, Bangladesh (+16.1%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +16.1% from 2012-2021. While the share of Bangladesh (+2.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported mica in Southern Asia, comprising 87% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 13% share of total imports.

In India, mica imports expanded at an average annual rate of +25.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 20% against the previous year. In general, the import price showed a strong expansion. The pace of growth was the most pronounced in 2018 when the import price increased by 50%. Over the period under review, import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while Bangladesh totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of mica consumption was India, comprising approx. 98% of total volume. It was followed by Sri Lanka, with a 1.6% share of total consumption.
The country with the largest volume of mica production was India, accounting for 98% 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 Southern Asia, comprising 96% of total exports. The second position in the ranking was occupied by Sri Lanka, with a 2.6% share of total exports.
In value terms, India constitutes the largest market for imported mica in Southern Asia, comprising 86% of total imports. The second position in the ranking was occupied by Bangladesh, with a 13% share of total imports.
The export price in Southern Asia stood at $532 per ton in 2021, shrinking by -3.1% against the previous year.
The import price in Southern Asia stood at $1,068 per ton in 2021, jumping by 17% against the previous year.

This report provides an in-depth analysis of the mica market in Southern 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 Southern Asia, split by region and country
    • Trade (exports and imports) in Southern 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
      • Afghanistan
      • Bangladesh
      • Bhutan
      • India
      • Maldives
      • Nepal
      • Pakistan
      • Sri Lanka

    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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