South-Eastern Asia: Mica Market Overview 2020

Mica Market Size in South-Eastern Asia

The revenue of the mica market in South-Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. The mica consumption continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015, when market value increased by X% against the previous year. Over the period under review, the mica market reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Mica Production in South-Eastern Asia

In 2017, production of mica in South-Eastern Asia stood at X tonnes, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. The volume of mica production peaked in 2017, and is expected to retain its growth in the immediate term.

Mica Exports

Exports in South-Eastern Asia

The exports amounted to X tonnes in 2017, coming up by X% against the previous year. The mica exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. In that year, the mica exports reached their peak volume of X tonnes. From 2009 to 2017, growth of the mica exports stood at a somewhat lower level.

In value terms, mica exports amounted to $X in 2017. The mica exports continue to indicate a sharp reduction. In that year, the mica exports reached their peak level of $X. From 2009 to 2017, growth of the mica exports stood at a somewhat lower level.

Exports by Country

In 2017, the Philippines (X tonnes) was the key exporter for mica, making up X% of total exports. It was distantly followed by Malaysia (X tonnes), Indonesia (X tonnes) and Singapore (X tonnes), together mixed up X% share of total exports. Myanmar (X kg) and Thailand (X kg) followed a long way behind the leaders.

The Philippines was also the fastest growing in terms of the mica exports, with a CAGR of +X% from 2007 to 2017. At the same time, Indonesia (+X%) displayed positive paces of growth. By contrast, Singapore (-X%), Myanmar (-X%), Thailand (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia, Singapore, Myanmar and Thailand increased by X%, X%, X% and X% percentage points, while Indonesia (-X%) and the Philippines (-X%) saw their share reduced.

In value terms, Singapore ($X), Indonesia ($X) and the Philippines ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

The Philippines (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countriesover the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the mica export price in South-Eastern Asia amounted to $X per tonne, coming up by X% against the previous year. The mica export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2015, when it surged by X% against the previous year. Over the period under review, the export prices for mica reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Singapore ($X per tonne), while Myanmar ($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 Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Mica Imports

Imports in South-Eastern Asia

In 2017, imports of mica in South-Eastern Asia amounted to X tonnes, reducing by -X% against the previous year. The mica imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the mica imports attained its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, mica imports stood at $X in 2017. The mica imports continue to indicate a measured expansion. In that year, the mica imports reached their peak level of $X. From 2010 to 2017, growth of the mica imports failed to regain its momentum.

Imports by Country

In 2017, Viet Nam (X tonnes), Indonesia (X tonnes), Singapore (X tonnes) and Malaysia (X tonnes) represented the key importers of mica in South-Eastern Asia, constituting X% of total import. It was distantly followed by Lao People's Democratic Republic (X tonnes) and Thailand (X tonnes), together mixed up X% share of total imports. Brunei Darussalam (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lao People's Democratic Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Viet Nam ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports. Thailand, Malaysia, Lao People's Democratic Republic and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Lao People's Democratic Republic (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the mica import price in South-Eastern Asia amounted to $X per tonne, coming down by -X% against the previous year. The mica import price continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2009, when it surged by X% against the previous year. In that year, the import prices for mica attained their peak level of $X per tonne. From 2010 to 2017, growth of the import prices for mica 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 Thailand ($X per kg), while Malaysia ($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 Thailand (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform