Vietnam: Mica Market 2020

Mica Market Size in Vietnam

The revenue of the mica market in Vietnam amounted to $X in 2017, dropping by -X% against the previous year. In general, mica consumption continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the mica market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Mica Production in Vietnam

In 2017, the amount of mica produced in Vietnam stood at X tons, remaining constant against the previous year. Overall, mica production continues to indicate a dramatic setback. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. In that year, the mica production attained their peak volume of X tons. From 2009 to 2017, growth of the mica production failed to regain its momentum.

Mica Exports from Vietnam

Mica exports from Vietnam totaled X kg in 2017, coming down by -X% against the previous year. In general, mica exports continue to indicate a sharp slump. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. In that year, the mica exports attained their peak volume of X tons. From 2009 to 2017, growth of the mica exports failed to regain its momentum.

In value terms, mica exports totaled $X in 2017. In general, mica exports continue to indicate a dramatic contraction. Vietnam exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Mica Exports by Country from Vietnam

In 2017, Madagascar (X tons), distantly followed by India (X tons), China (X tons) and Brazil (X tons) were the main exporters of mica, together constituting X% of total exports. The following exporters - Spain (X tons), Japan (X tons) and Sri Lanka (X tons) together made up X% 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 ($X) remains the largest mica supplier from Vietnam, making up X% of global exports. The second position in the ranking was occupied by Madagascar ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India stood at +X%. 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 Vietnam

The mica export price in Vietnam stood at $X per ton in 2017, shrinking by -X% against the previous year. In general, mica export price continues to indicate an outstanding growth. The most prominent rate of growth was recorded in 2013, an increase of X% y-o-y. Vietnam export price peaked of $X per ton in 2016, 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 ($X per ton), while Madagascar ($X per ton) 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 Vietnam

In 2017, mica imports into Vietnam amounted to X tons, coming up by X% against the previous year. In general, mica imports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Over the period under review, the mica imports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, mica imports amounted to $X in 2017. In general, mica imports continue to indicate a strong increase. Over the period under review, the mica imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Mica Imports by Country into Vietnam

China represented the key importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Russia (X tons), Germany (X tons), Japan (X tons), the U.S. (X tons), the UK (X tons) and South Korea (X tons), together mixed up X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to mica imports into China stood at +X%. 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 ($X) constitutes the largest market for imported mica into Vietnam, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

In China, mica imports 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: Japan (+X% per year) and Russia (+X% per year).

Mica Import Prices by Country in Vietnam

In 2017, the mica import price in Vietnam amounted to $X per ton, going down by -X% against the previous year. In general, mica import 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. Over the period under review, the import prices for mica attained its maximum level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per ton), while South Korea ($X per ton) 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

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