Eastern Asia: Mica Market Overview 2020

Mica Market Size in Eastern Asia

The revenue of the mica market in Eastern Asia amounted to $X in 2017, dropping by -X% against the previous year. The mica consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The level of mica consumption peaked of $X in 2016, and then declined slightly in the following year.

Mica Production in Eastern Asia

In 2017, the amount of mica produced in Eastern Asia amounted to X tonnes, growing by X% against the previous year. The total output 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 mica production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the mica production attained their peak volume, and is likely to continue its growth in the immediate term.

Mica Exports

Exports in Eastern Asia

In 2017, the amount of mica exported in Eastern Asia totaled X tonnes, coming up by X% against the previous year. 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 pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. Over the period under review, the mica exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, mica exports stood at $X in 2017. The mica exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Exports by Country

In 2017, China (X tonnes) represented the main exporter for mica, creating X% of total exports. It was distantly followed by Japan (X tonnes), creating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to mica exports from China stood at +X%. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. While the share of Japan (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%.

Export Prices by Country

In 2017, the mica export price in Eastern Asia amounted to $X per tonne, declining by -X% against the previous year. The export price indicated a strong increase 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. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the export prices for mica attained its peak figure level of $X per tonne in 2016, and then declined slightly in the following year.

Average export prices varied noticeably amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per tonne), while Japan ($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).

Mica Imports

Imports in Eastern Asia

The imports stood at X tonnes in 2017, going up by X% against the previous year. The mica imports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the mica imports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, mica imports amounted to $X in 2017. The mica imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Imports by Country

China was the key importer of mica in Eastern Asia, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2017. Japan (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%).

China was also the fastest growing in terms of the mica imports, with a CAGR of +X% from 2007 to 2017. At the same time, Japan (+X%) and South Korea (+X%) displayed positive paces of growth. South Korea (-X%), Japan (-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 ($X) constitutes the largest market for imported mica in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, mica imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2017, the mica import price in Eastern Asia amounted to $X per tonne, going up by X% against the previous year. The mica import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the import prices for mica attained its peak figure level of $X per tonne in 2011; however, from 2012 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 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 Platform