United Arab Emirates: Mica Market Overview 2020

Mica Market Size in the United Arab Emirates

The revenue of the mica market in the United Arab Emirates amounted to $X in 2017, dropping by -X% against the previous year. In general, mica consumption continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2014, when market value increased by X% against the previous year. In that year, the mica market attained their peak level of $X. From 2015 to 2017, growth of the mica market failed to regain its momentum.

Mica Production in the United Arab Emirates

In 2017, production of mica in the United Arab Emirates totaled X tonnes, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% against the previous year. The United Arab Emirates mica production peaked in 2017, and is likely to continue its growth in the near future.

Mica Exports in the United Arab Emirates

In 2017, exports of mica from the United Arab Emirates totaled X tonnes, increasing by X% against the previous year. Overall, mica exports continue to indicate an abrupt decline. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. The United Arab Emirates exports peaked of X tonnes in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, mica exports totaled $X in 2017. Overall, mica exports continue to indicate a dramatic downturn. The United Arab Emirates exports peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Mica Exports by Country in the United Arab Emirates

In 2017, Madagascar (X tonnes), distantly followed by India (X tonnes), China (X tonnes) and Brazil (X tonnes) represented the main exporters of mica, together generating X% of total exports. Spain (X tonnes), Japan (X tonnes) and Sri Lanka (X tonnes) took the slight share of total exports.

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 ($X) remains the largest mica supplier from the United Arab Emirates, making up X% of global exports. The second position in the ranking was occupied by Madagascar ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Madagascar (+X% per year) and China (+X% per year).

Mica Export Prices by Country in the United Arab Emirates

In 2017, the mica export price in the United Arab Emirates amounted to $X per tonne, shrinking by -X% against the previous year. In general, mica export price continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. The United Arab Emirates export price peaked of $X per tonne in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 in the United Arab Emirates

Mica imports into the United Arab Emirates totaled X tonnes in 2017, jumping by X% against the previous year. Overall, mica imports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2008, when imports increased by X% year-to-year. In that year, the mica imports reached their peak volume of X tonnes. From 2009 to 2017, growth of the mica imports failed to regain its momentum.

In value terms, mica imports amounted to $X in 2017. In general, mica imports continue to indicate a drastic contraction. In that year, the mica imports reached their peak level of $X. From 2009 to 2017, growth of the mica imports failed to regain its momentum.

Mica Imports by Country in the United Arab Emirates

China was the largest importing country with an import of around X tonnes, which accounted for X% of total imports. Russia (X tonnes) took 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 approx. 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. From 2007 to 2017, the share of the U.S., South Korea, Japan, the UK, Germany, Russia and China decreased by -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported mica into the United Arab Emirates, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms 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 the United Arab Emirates

The mica import price in the United Arab Emirates stood at $X per tonne in 2017, leveling off at the previous year. In general, the import price indicated a pronounced growth 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. Based on 2017 figures, the mica import price increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. In that year, the import prices for mica attained their peak level of $X per tonne, leveling off in the following year.

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