China: Mica Market Overview 2020

Mica Market Size in China

The revenue of the mica market in China amounted to $X in 2017, going down by -X% against the previous year. In general, mica consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. China mica consumption peaked of $X in 2016, and then declined slightly in the following year.

Mica Production in China

In 2017, approx. X tonnes of mica were produced in China; picking up by X% against the previous year. In general, mica production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. In that year, the mica production reached their peak volume, and is likely to continue its growth in the immediate term.

Mica Exports from China

In 2017, the amount of mica exported from China stood at X tonnes, growing by X% against the previous year. Overall, the total exports indicated a strong increase 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. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. China exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, mica exports amounted to $X in 2017. Overall, mica exports continue to indicate a prominent growth. China exports peaked in 2017, and are expected to retain its growth in the near future.

Mica Exports by Country from China

In 2017, Madagascar (X tonnes), distantly followed by India (X tonnes), China (X tonnes) and Brazil (X tonnes) represented the key exporters of mica, together creating X% of total exports. Spain (X tonnes), Japan (X tonnes) and Sri Lanka (X tonnes) followed a long way behind the leaders.

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

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Madagascar (+X% per year) and China (+X% per year).

Mica Export Prices by Country in China

In 2017, the mica export price in China amounted to $X per tonne, dropping by -X% against the previous year. Overall, mica export price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. China export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; 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 Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Mica Imports into China

In 2017, approx. X tonnes of mica were imported into China; going up by X% against the previous year. Overall, mica imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. China imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, mica imports totaled $X in 2017. In general, mica imports continue to indicate a strong increase. China imports peaked in 2017, and are likely to see steady growth in the immediate term.

Mica Imports by Country into China

China was the major importing country with an import of about X tonnes, which amounted to X% of total imports. Russia (X tonnes) ranks second in terms of the global imports with a X% share, followed by Germany (X%), Japan (X%), the U.S. (X%), the UK (X%) and South Korea (X%).

From 2007 to 2017, average annual rates of growth with regard to mica imports into China stood at +X%. 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. While the share of the U.S. (-X%), South Korea (-X%), Japan (-X%), the UK (-X%), Germany (-X%), Russia (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Russia (+X% per year).

Mica Import Prices by Country in China

In 2017, the mica import price in China amounted to $X per tonne, shrinking by -X% against the previous year. In general, mica import price continues to indicate a perceptible deduction. The most prominent rate of growth was recorded in 2008, when it surged by -X% y-o-y. Over the period under review, the import prices for mica attained its maximum level of $X per tonne in 2007; however, from 2008 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 Japan ($X per tonne), while South Korea ($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 Platform