Italy: Mica Market 2022

Mica Market Size in Italy

The Italian mica market surged to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a tangible expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mica Exports

Exports from Italy

In 2021, overseas shipments of mica decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tonnes, and then contracted significantly in the following year.

In value terms, mica exports expanded remarkably to $X in 2021. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for mica exports from Italy, with a X% share of total exports. Moreover, mica exports to the UK exceeded the volume sent to the second major destination, China (X kg), tenfold. The third position in this ranking was occupied by Singapore (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (X% per year).

It was followed by Singapore, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (X% per year).

Export Prices by Country

The average mica export price stood at $X per tonne in 2021, growing by X% against the previous year. In general, the export price posted a notable expansion. Over the period under review, the average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

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

Mica Imports

Imports into Italy

Mica imports into Italy soared to X tonnes in 2021, with an increase of X% on the previous year's figure. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, France (X tonnes) was the main mica supplier to Italy, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +X%.

In value terms, France ($X) constituted the largest supplier of mica to Italy.

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

Import Prices by Country

In 2021, the average mica import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price showed a noticeable reduction. The growth pace was the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -X% per year.

Source: IndexBox Platform