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Report Latin America and the Caribbean - Mica - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Latin America and the Caribbean - Mica - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Mica Market 2024

Mica Market Size in Latin America and the Caribbean

In 2022, after four years of decline, there was significant growth in the Latin American mica market, when its value increased by X% to $X. In general, consumption posted a prominent expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Mica Production in Latin America and the Caribbean

In value terms, mica production stood at $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was 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 2022, production growth failed to regain momentum.

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Mica Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of mica were exported in Latin America and the Caribbean; reducing by X% compared with the previous year's figure. Over the period under review, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, mica exports reduced to $X in 2022. In general, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X tons) represented the major exporter of mica in Latin America and the Caribbean, achieving X% of total export.

Brazil was also the fastest-growing in terms of the mica exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest mica supplier in Latin America and the Caribbean.

In Brazil, mica exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Mica Imports

Imports in Latin America and the Caribbean

Mica imports surged to X tons in 2022, growing by X% on the year before. Over the period under review, imports showed a significant increase. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mica imports soared to $X in 2022. In general, imports showed a pronounced increase. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Grenada dominates imports structure, reaching X tons, which was near X% of total imports in 2022. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mica imports into Grenada stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Grenada (X p.p.) significantly strengthened its position in terms of the total imports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest mica importing markets in Latin America and the Caribbean were Argentina ($X) and Grenada ($X).

In terms of the main importing countries, Argentina, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a precipitous setback. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Grenada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Grenada (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Grenada remains the largest mica consuming country in Latin America and the Caribbean, comprising approx. 72% of total volume. Moreover, mica consumption in Grenada exceeded the figures recorded by the second-largest consumer, Brazil, threefold.
The country with the largest volume of mica production was Brazil, comprising approx. 98% of total volume. It was followed by Cuba, with a 1.7% share of total production.
In value terms, Brazil remains the largest mica supplier in Latin America and the Caribbean.
In value terms, the largest mica importing markets in Latin America and the Caribbean were Argentina and Grenada.
In 2022, the export price in Latin America and the Caribbean amounted to $747 per ton, with an increase of 11% against the previous year.
The import price in Latin America and the Caribbean stood at $121 per ton in 2022, which is down by -97.4% against the previous year.

This report provides an in-depth analysis of the mica market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Latin America and the Caribbean, split by region and country
    • Trade (exports and imports) in Latin America and the Caribbean
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Anguilla
      • Antigua and Barbuda
      • Argentina
      • Aruba
      • Bahamas
      • Barbados
      • Belize
      • Bolivia
      • Brazil
      • British Virgin Islands
      • Cayman Islands
      • Chile
      • Colombia
      • Costa Rica
      • Cuba
      • Curacao
      • Dominica
      • Dominican Republic
      • Ecuador
      • El Salvador
      • Falkland Islands (Malvinas)
      • French Guiana
      • Grenada
      • Guadeloupe
      • Guatemala
      • Guyana
      • Haiti
      • Honduras
      • Jamaica
      • Martinique
      • Mexico
      • Montserrat
      • Nicaragua
      • Panama
      • Paraguay
      • Peru
      • Saint Kitts and Nevis
      • Saint Lucia
      • Saint Vincent and the Grenadines
      • Saint Maarten (Dutch part)
      • Suriname
      • Trinidad and Tobago
      • Turks and Caicos Islands
      • United States Virgin Islands
      • Uruguay
      • Venezuela
      • Puerto Rico

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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