India produced an estimated 1.48 million Indian rupees worth of vermiculite in the financial year 2023. This was a decrease of more than 60 percent from the previous year, when the value of vermiculite produced in the South Asian country reached a record high of 3.8 million Indian rupees. The production volume of vermiculite in India also peaked that year.
Vermiculite is a mineral that can expand and exfoliate when heated, making it a useful material for many industries. It is used as an insulator in the construction industry, or to improve soil structure and water retention in agriculture.
Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023
(in million Indian rupees)
* Provisional
India's financial year starts in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of March 2024).
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Ministry of Mines (India) . (March 15, 2024). Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023 (in million Indian rupees) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1456977/vermiculite-production-value-india/
Ministry of Mines (India) . "Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023 (in million Indian rupees)." Chart. March 15, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1456977/vermiculite-production-value-india/
Ministry of Mines (India) . (2024). Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023 (in million Indian rupees). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1456977/vermiculite-production-value-india/
Ministry of Mines (India) . "Production Value of Vermiculite in India from Financial Year 2019 to 2021, with Estimates until 2023 (in Million Indian Rupees)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1456977/vermiculite-production-value-india/
Ministry of Mines (India) , Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023 (in million Indian rupees) Statista, https://www.statista.com/statistics/1456977/vermiculite-production-value-india/ (last visited January 06, 2025)
Production value of vermiculite in India from financial year 2019 to 2021, with estimates until 2023 (in million Indian rupees) [Graph], Ministry of Mines (India) , March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1456977/vermiculite-production-value-india/
