Asia: Worked Mica Market 2020

Worked Mica Market Size in Asia

The revenue of the worked mica market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The total market indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worked mica consumption decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2012, when market value increased by X% against the previous year. Over the period under review, the worked mica market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Worked Mica Production in Asia

In 2017, approx. X tons of worked mica were produced in Asia; standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. The volume of worked mica production peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Worked Mica Exports in Asia

In 2017, approx. X tons of worked mica were exported in Asia; going up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the worked mica exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, worked mica exports stood at $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worked mica exports increased by +X% against 2015 indices. Over the period under review, the worked mica exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Worked Mica Exports by Country in Asia

China was the main exporter of worked mica in Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2017. India (X tons) ranks second in terms of the global exports with a X% share, followed by Japan (X%). Vietnam (X tons), Malaysia (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons) and South Korea (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Malaysia (+X%), India (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%), China, Hong Kong SAR (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. Japan (X%) and Vietnam (X%) significantly strengthened its position in terms of the global exports, while Malaysia, India and China saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, worked mica exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Japan (+X% per year).

Worked Mica Export Prices by Country in Asia

In 2017, the worked mica export price in Asia amounted to $X per kg, waning by -X% against the previous year. The export price indicated a mild growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worked mica export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2012, when the export prices increased by X% y-o-y. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per kg), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

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

Worked Mica Imports in Asia

The imports amounted to X tons in 2017, increasing by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the worked mica imports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the worked mica imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, worked mica imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Worked Mica Imports by Country in Asia

In 2017, India (X tons) represented the main importer for worked mica, making up X% of total imports. Malaysia (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%), China (X%), Japan (X%), Saudi Arabia (X%), the United Arab Emirates (X%) and Turkey (X%). The following importers - China, Hong Kong SAR (X tons), Vietnam (X tons), Thailand (X tons) and Taiwan, Chinese (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to worked mica imports into India stood at +X%. At the same time, Vietnam (+X%), Saudi Arabia (+X%), Turkey (+X%), the United Arab Emirates (+X%), Malaysia (+X%), Japan (+X%), China (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%), China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global imports from 2007-2017, the share of Japan (-X%), China (-X%), Vietnam (-X%), Turkey (-X%), the United Arab Emirates (-X%), Saudi Arabia (-X%), Malaysia (-X%) and India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest worked mica markets worldwide were China ($X), India ($X) and South Korea ($X), with a combined X% share of total imports. The United Arab Emirates, Malaysia, Vietnam, Turkey, Japan, Saudi Arabia, Taiwan, Chinese, Thailand and China, Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Worked Mica Import Prices by Country in Asia

The worked mica import price in Asia stood at $X per ton in 2017, increasing by X% against the previous year. The worked mica import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for worked mica reached its maximum level of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Vietnam ($X per kg), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform