Crude and rifted sheets or splittings mica market in ASEAN

Earlier Report Observations

The ASEAN market for crude and rifted mica sheets began the period with steady volumes around 4 700 t in 2018-2019. India’s position as a leading global exporter shaped regional supply availability during these years. In 2020, market size jumped to 5 511 t, driven by a near-doubling of imports to over 1 500 t, while domestic production declined slightly.

A sharp contraction followed in 2021, with market volume dropping to 4 466 t as production fell by 17% and imports retreated. The market regained some ground in 2022, reaching 4 844 t, supported by a recovery in production to 3 779 t and stable import levels.

By 2023, global trade dynamics continued to influence the region. India and Madagascar remained key exporters, while China’s dominant role in Asian imports and processing capacity in Japan and Taiwan affected demand patterns. ASEAN imports rose to 1 280 t that year, though available data for early 2024 shows a reduced import pace.

Production crude and rifted sheets or splittings mica in ASEAN

In kind, 2017-2020, t

Top producers of crude and rifted sheets or splittings mica, 2017-2020

World map of production of crude and rifted sheets or splittings mica, 2017-2020

ASEAN's production of crude and rifted sheets or splittings mica has declined for the third year in a row. In 2020, the region produced 4 083 tonnes, marking a modest 6.3% decrease compared to 2019. Looking at the period from 2017 to 2020, production fell by 14.7%, with a compound annual growth rate of -5.2%.

Annual dynamics of production in ASEAN in kind, 2017-2020, t

Exports crude and rifted sheets or splittings mica from ASEAN

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Exports hit their lowest point in 2020 at 136 tonnes, which is 72.6% lower than the previous year. In contrast, the highest export volume was recorded in 2018 at 729 tonnes, representing a 5.4-fold difference from 2020. The largest increase occurred in 2018, with a jump of 409.4%.

Annual dynamics of product's exports from ASEAN in kind, 2017-2020, t

From 2017 to 2020, India and Asia, not elsewhere specified, consistently made up 89.2% of total exports in kind. This highlights a high degree of market concentration, with a long tail of smaller markets playing a minor role.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from ASEAN in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Import levels fluctuated significantly, with a 6.1-fold difference between the low in 2017 and the high in 2020. In 2020, ASEAN's cross-border shipments of crude and rifted sheets or splittings mica reached 111 thousand US dollars, up by 88.7% from 2019. The largest decline was in 2019 at 42.3%, while the largest increase occurred in 2018 with a surge of 463.1%.

Annual dynamics of product's exports from ASEAN in value, 2017-2020, K $ US

Throughout 2017 to 2020, India, Asia not elsewhere specified, and Japan were the key export destinations in value terms. India accounted for 30.6% of exports, Asia not elsewhere specified for 19.4%, and Japan for 15.9%. Together, these three markets represented 65.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from ASEAN in value, 2017-2020

Imports crude and rifted sheets or splittings mica to ASEAN

Imports in kind, t

The data shows irregular changes, reflecting a volatile market environment. Import volumes dropped to their lowest point in 2019 at 874 tonnes and peaked in 2020 at 1 563 tonnes, with a 1.8-fold difference between these years. In 2020, imports were 78.9% higher than in 2019. The largest decline was recorded in 2019 at 12.2%.

Annual dynamics of product's imports to ASEAN in kind, 2017-2020, t

From 2017 to 2020, the geographical pattern of imports in kind was dominated by China, which held a 78.8% share of total flows. Other partners had relatively minor shares during this period.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to ASEAN in kind, 2017-2020

Imports in value, K $ US

There were noticeable fluctuations in market performance during this period. Import volumes reached their minimum in 2018 at 560 thousand US dollars and climbed to a maximum in 2020 at 1 286 thousand US dollars, a 2.3-fold shift. In 2020, imports marked a sharp uptick of 89.9% from 2019. The largest decline was in 2018 at 20.9%.

Annual dynamics of product's imports to ASEAN in value, 2017-2020, K $ US

In 2017 to 2020, China, Japan, and South Korea were consistently the main destinations for imports in value terms. China accounted for 55.0% of imports, Japan for 18.3%, and South Korea for 6.8%. Together, these three countries made up 80.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to ASEAN in value, 2017-2020