Brazil: Mica Market 2022

Mica Market Size in Brazil

The Brazilian mica market contracted sharply to $X in 2021, which is down by -X% against the previous year. In general, consumption, however, saw a buoyant increase. Mica consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Mica Production in Brazil

In value terms, mica production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Mica Exports

Exports from Brazil

In 2021, approx. X tonnes of mica were exported from Brazil; with an increase of X% against the year before. Over the period under review, exports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tonnes in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, mica exports soared to $X in 2021. Overall, exports, however, recorded a mild curtailment. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tonnes), the United States (X tonnes) and Germany (X tonnes) were the main destinations of mica exports from Brazil, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the United States ($X) and Germany ($X) were the largest markets for mica exported from Brazil worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average mica export price amounted to $X per tonne, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per tonne. From 2018 to 2021, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to the United States ($X per tonne) and Germany ($X per tonne), while the average price for exports to China ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Mica Imports

Imports into Brazil

In 2021, approx. X tonnes of mica were imported into Brazil; reducing by -X% compared with 2020. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, mica imports fell notably to $X in 2021. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tonnes) was the main mica supplier to Brazil, accounting for a X% share of total imports. Moreover, mica imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled -X%.

In value terms, India ($X) constituted the largest supplier of mica to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled -X%.

Import Prices by Country

In 2021, the average mica import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for India amounted to $X per tonne.

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

Source: IndexBox Platform