Algeria: Mica Market Overview 2020

Mica Market Size in Algeria

The revenue of the mica market in Algeria amounted to $X in 2017, lowering by -X% against the previous year. In general, mica consumption continues to indicate a sharp decline. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the mica market reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Mica Production in Algeria

In 2017, the amount of mica produced in Algeria stood at X kg, approximately reflecting the previous year. In general, mica production continues to indicate a relatively flat trend pattern.

Mica Exports by Country from Algeria

In 2017, Madagascar (X tonnes), distantly followed by India (X tonnes), China (X tonnes) and Brazil (X tonnes) were the key exporters of mica, together making up X% of total exports. The following exporters - Spain (X tonnes), Japan (X tonnes) and Sri Lanka (X tonnes) together made up X% of total exports.

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

In value terms, India ($X) remains the largest mica supplier from Algeria, making up X% of global exports. The second position in the ranking was occupied by Madagascar ($X), with a X% share of global exports. It was followed by China, with a X% share.

In India, mica exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Madagascar (+X% per year) and China (+X% per year).

Mica Export Prices by Country in Algeria

In 2017, the mica export price in Algeria amounted to X, therefore, remained relatively stable against by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The growth pace was the most rapid in 2008, an increase of -% year-to-year.

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

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

Mica Imports into Algeria

In 2017, the amount of mica imported into Algeria totaled X tonnes, coming up by X% against the previous year. Overall, mica imports continue to indicate a modest increase. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, the mica imports attained its peak figure volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, mica imports stood at $X in 2017. In general, mica imports continue to indicate a drastic drop. Algeria imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Mica Imports by Country into Algeria

China was the main importer of mica in the world, with the volume of imports amounting to X tonnes, which was near X% of total imports in 2017. It was distantly followed by Russia (X tonnes), Germany (X tonnes), Japan (X tonnes), the U.S. (X tonnes), the UK (X tonnes) and South Korea (X tonnes), together generating X% share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Germany (+X%), the UK (+X%), Russia (+X%), Japan (+X%), South Korea (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. The U.S. (-X%), South Korea (-X%), Japan (-X%), the UK (-X%), Germany (-X%), Russia (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported mica into Algeria, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Russia (+X% per year).

Mica Import Prices by Country in Algeria

The mica import price in Algeria stood at $X per tonne in 2017, falling by -X% against the previous year. In general, mica import price continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016, an increase of X% y-o-y. In that year, the import prices for mica attained their peak level of $X per tonne, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform