Turkey: Mica Market Overview 2020

Mica Market Size in Turkey

The revenue of the mica market in Turkey amounted to $X in 2017, waning by -X% against the previous year. Overall, mica consumption continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the mica market attained its maximum level of $X in 2016, and then declined slightly in the following year.

Mica Production in Turkey

In 2017, the amount of mica produced in Turkey stood at X tonnes, remaining constant against the previous year. In general, mica production continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. Turkey mica production peaked in 2017, and is likely to see steady growth in the near future.

Mica Exports from Turkey

In 2017, the amount of mica exported from Turkey stood at X tonnes, rising by X% against the previous year. Overall, mica exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Turkey exports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, mica exports totaled $X in 2017. In general, mica exports continue to indicate a skyrocketing expansion. Over the period under review, the mica exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Mica Exports by Country from Turkey

In 2017, Madagascar (X tonnes), distantly followed by India (X tonnes), China (X tonnes) and Brazil (X tonnes) represented the major exporters of mica, together achieving 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 ($X) remains the largest mica supplier from Turkey, making up X% of global exports. The second position in the ranking was occupied by Madagascar ($X), with a X% share of global exports. It was followed by China, with a X% share.

In India, mica exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Madagascar (+X% per year) and China (+X% per year).

Mica Export Prices by Country in Turkey

In 2017, the mica export price in Turkey amounted to $X per tonne, shrinking by -X% against the previous year. Overall, mica export price continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2016, an increase of X% y-o-y. In that year, the export prices for mica reached their peak level of $X per tonne, 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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Mica Imports into Turkey

In 2017, approx. X kg of mica were imported into Turkey; shrinking by -X% against the previous year. Overall, mica imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the mica imports reached its maximum volume of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, mica imports amounted to $X in 2017. In general, mica imports continue to indicate an outstanding growth. Turkey imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Mica Imports by Country into Turkey

China was the major importer of mica in the world, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2017. Russia (X tonnes) held the second position in the ranking, followed by Germany (X tonnes), Japan (X tonnes), the U.S. (X tonnes), the UK (X tonnes) and South Korea (X tonnes). All these countries together occupied near X% share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. 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 ($X) constitutes the largest market for imported mica into Turkey, making up X% of global imports. The second position in the ranking was occupied by Japan ($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 stood at +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 Turkey

The mica import price in Turkey stood at $X per kg in 2017, jumping by X% against the previous year. Overall, mica import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% y-o-y. In that year, the import prices for mica attained their peak level, and is likely to continue its growth in the immediate term.

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 AI Platform