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

World - Mica - Market Analysis, Forecast, Size, Trends and Insights

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Global Mica Market 2022

Mica Market Size

In 2021, the global mica market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mica Production

In value terms, mica production fell significantly to $X in 2021 estimated in export price. Overall, production showed a slight descent. The growth pace was the most rapid in 2019 when the production volume increased by 10%. Over the period under review, global production hit record highs at $X in 2020, and then dropped dramatically in the following year.

Mica Exports

Exports

In 2021, shipments abroad of mica decreased by -59.9% to X tons for the first time since 2014, thus ending a six-year rising trend. Overall, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when exports increased by 18%. Over the period under review, the global exports attained the maximum at X tons in 2020, and then dropped notably in the following year.

In value terms, mica exports declined sharply to $X in 2021. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Over the period under review, the global exports attained the maximum at $X in 2020, and then dropped rapidly in the following year.

Exports by Country

Madagascar was the major exporting country with an export of around X tons, which resulted at 45% of total exports. India (X tons) held the second position in the ranking, distantly followed by Nigeria (X tons). All these countries together took near 35% share of total exports. Brazil (X tons), China (X tons), Spain (X tons), Russia (X tons) and Japan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Nigeria (with a CAGR of +42.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest mica supplying countries worldwide were India ($X), Madagascar ($X) and China ($X), together accounting for 71% of global exports. Nigeria, Brazil, Spain, Russia and Japan lagged somewhat behind, together comprising a further 23%.

In terms of the main exporting countries, Nigeria, with a CAGR of +46.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average mica export price stood at $X per ton in 2021, dropping by -18.5% against the previous year. Overall, the export price saw a noticeable decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 7.6% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Madagascar ($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 global leaders experienced more modest paces of growth.

Mica Imports

Imports

Global mica imports soared to X tons in 2021, rising by 33% compared with the year before. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +2.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 54%. Over the period under review, global imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, mica imports skyrocketed to $X in 2021. Over the period under review, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +36.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China dominates imports structure, amounting to X tons, which was near 86% of total imports in 2021. Japan (X tons) and Germany (X tons) held a little share of total imports.

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%) and Germany (-4.3%) illustrated a downward trend over the same period. China (+21 p.p.) significantly strengthened its position in terms of the global imports, while Germany and Japan saw its share reduced by -4.6% and -5.2% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported mica worldwide, comprising 78% of global imports. The second position in the ranking was taken by Japan ($X), with a 5.8% share of global imports.

From 2012 to 2021, the average annual growth rate of value in China stood at +9.2%. In the other countries, the average annual rates were as follows: Japan (-2.3% per year) and Germany (-1.2% per year).

Import Prices by Country

In 2021, the average mica import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2016 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the other global 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 China, India and Madagascar, with a combined 91% share of global consumption.
India constituted the country with the largest volume of mica production, accounting for 65% of total volume. Moreover, mica production in India exceeded the figures recorded by the second-largest producer, Madagascar, twofold. Brazil ranked third in terms of total production with a 2.7% share.
In value terms, the largest mica supplying countries worldwide were India, Madagascar and China, together comprising 76% of global exports. These countries were followed by Brazil, Spain, Nigeria and Russia, which together accounted for a further 15%.
In value terms, China constitutes the largest market for imported mica worldwide, comprising 78% of global imports. The second position in the ranking was occupied by Japan, with a 5.9% share of global imports.
In 2021, the average mica export price amounted to $454 per ton, surging by 13% against the previous year.
The average mica import price stood at $451 per ton in 2021, picking up by 5.9% against the previous year.

This report provides an in-depth analysis of the global mica market. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. GLOBAL 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. GLOBAL 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
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    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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