Africa: Mica Market 2022

Mica Market Size in Africa

The African mica market soared to $X in 2021, with an increase of X% against the previous year. In general, consumption, however, saw a drastic downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Mica Production in Africa

In value terms, mica production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Production By Country in Africa

The country with the largest volume of mica production was Madagascar (X tonnes), comprising approx. X% of total volume.

In Madagascar, mica production increased at an average annual rate of +X% over the period from 2012-2021.

Mica Exports

Exports in Africa

In 2021, approx. X tonnes of mica were exported in Africa; growing by X% against 2020. In general, exports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, mica exports surged to $X in 2021. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Madagascar (X tonnes) was the main exporter of mica, achieving X% of total exports. It was distantly followed by Nigeria (X tonnes), committing a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to mica exports from Madagascar stood at +X%. At the same time, Nigeria (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2012-2021. While the share of Nigeria (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Madagascar (-X p.p.) displayed negative dynamics.

In value terms, Madagascar ($X) remains the largest mica supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total exports.

In Madagascar, mica exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Africa stood at $X per tonne in 2021, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable slump. Over the period under review, the export prices attained the peak figure at $X per tonne in 2013; however, from 2014 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 Madagascar ($X per tonne), while Nigeria totaled $X per tonne.

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

Mica Imports

Imports in Africa

After two years of growth, supplies from abroad of mica decreased by -X% to X tonnes in 2021. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes, and then contracted notably in the following year.

In value terms, mica imports dropped markedly to $X in 2021. In general, imports, however, posted a notable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Tanzania (X tonnes), Egypt (X tonnes) and South Africa (X tonnes) represented roughly X% of total imports in 2021. Niger (X tonnes) ranks next in terms of the total imports with a X% share, followed by Tunisia (X%). The following importers - Algeria (X tonnes), Mauritius (X tonnes), Congo (X tonnes), Angola (X tonnes), Nigeria (X tonnes), Mozambique (X tonnes) and Zambia (X tonnes) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tanzania (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mica importing markets in Africa were Egypt ($X), Niger ($X) and Tanzania ($X), together comprising X% of total imports.

Among the main importing countries, Tanzania, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the i in Africa amounted to $X per tonne, waning by -X% against the previous year. In general, the import price recorded a pronounced slump. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2021, 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 Nigeria ($X per tonne), while Algeria ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform