Crude and rifted sheets or splittings mica market in Southern Asia

Earlier Report Observations

The market volume for crude and rifted mica sheets in Southern Asia fluctuated between 2018 and 2022, starting at 3 230 tons, falling to 2 826 tons in 2019, then rising sharply to 4 332 tons in 2020. State-owned mining companies in India maintained a consistent role in mica extraction and supply throughout these years.

Market volume contracted to 3 631 tons in 2021 and further to 2 660 tons in 2022. During this time, new product segments such as flexible composite mica sheets for electrical appliances emerged, and consumer preferences shifted toward products offering superior moisture resistance, thermal insulation, and flexibility. By 2024, private sector players like Hatim Dielectrics gained recognition for innovation, and the industry focused on product development aligned with interior design trends.

Production crude and rifted sheets or splittings mica in Southern Asia

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

Southern Asia's production of crude and rifted sheets or splittings mica increased after two years of decline. In 2020, the region produced 5 100 tonnes, marking a 40.9% rise from 2019. Over the 2017-2020 period, production fell by 33.1%, with a compound annual growth rate of -12.5%. The lowest output was in 2019 at 3 620 tonnes, while the sharpest drop occurred in 2018 with a 47.5% decrease.

Annual dynamics of production in Southern Asia in kind, 2017-2020, t

In value, 2017-2020, K $ US

Southern Asia's production value of crude and rifted sheets or splittings mica rose for the second year in a row. In 2020, output was valued at 2 564 thousand US dollars, reflecting a solid 23.0% increase compared to 2019. From 2017 to 2020, production value declined by 32.6%, with a compound annual growth rate of -12.3%. The lowest value was recorded in 2018 at 2 067 thousand US dollars, which also saw the largest decline of 45.7%.

Annual dynamics of production in Southern Asia in value, 2017-2020, K $ US

Exports crude and rifted sheets or splittings mica from Southern Asia

Exports in kind, t

After two years of losses, exports of crude and rifted sheets or splittings mica from Southern Asia increased. In 2020, shipments totaled 1 015 tonnes, a solid 10.1% rise from the previous year. Over the 2017-2020 period, exports decreased by 20.7%, with a compound annual growth rate of -7.4%. The lowest volume was in 2019 at 922 tonnes, while the largest decline occurred in 2018 with a 19.9% drop.

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

From 2017 to 2020, Japan was the primary buyer of crude and rifted sheets or splittings mica from Southern Asia, accounting for 71.5% of total exports in volume. The remaining share was distributed among a diverse group of other countries.

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

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

Exports in value, K $ US

In 2020, Southern Asia's exports of crude and rifted sheets or splittings mica were valued at 510.2 thousand US dollars, a 3.9% decrease year-over-year. Between 2017 and 2020, exports fell by 20.1%, equating to an annualized rate of -7.2%. The largest decline was in 2018 at 17.0%, while the largest increase was a modest 0.2% in 2019.

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

From 2017 to 2020, Japan dominated as the key buyer of crude and rifted sheets or splittings mica from Southern Asia in value terms, taking 83.0% of total exports. The rest was shared among various other countries.

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

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

Imports crude and rifted sheets or splittings mica to Southern Asia

Imports in kind, t

The market showed an unstable trend throughout the period. Imports peaked in 2017 and hit their lowest point in 2019, with a 4.7-fold difference between these years. In 2020, Southern Asia imported 246 tonnes of crude and rifted sheets or splittings mica, a 93.1% increase year-over-year. The minimum volume was in 2019 at 128 tonnes, and the largest decline occurred in 2018 with a 57.6% drop.

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

From 2017 to 2020, China played a central role in imports by volume, accounting for 2.5% of total flows.

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

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

Imports in value, K $ US

In 2020, Southern Asia imported crude and rifted sheets or splittings mica valued at 342.5 thousand US dollars, a slight 1.8% increase from the prior year. Over the 2017-2020 period, imports grew by 2.3%, with a compound annual growth rate of 0.8%. The highest value was in 2018 at 370.9 thousand US dollars, which also saw the largest increase of 10.8%. The largest decline was in 2019 with a 9.3% decrease.

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

From 2017 to 2020, China formed the largest share of imports in value terms for crude and rifted sheets or splittings mica to Southern Asia, taking 41.4% of total flows.

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

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