The data from 2023 shows India leading in global mica export with a sizable share, followed by China and other countries such as Canada, the United States, and Madagascar. Noteworthy year-on-year growth was observed in the United Arab Emirates, Tanzania, Czech Republic, and Slovenia, while countries like Greece, Poland, and South Africa experienced a significant decline. The five-year compound annual growth rate (CAGR) suggests a stable yet modest increase in exports from India and China, whereas volatility characterized the trends in some smaller markets.
Future trends to watch include India's continuous dominance and China's consistent growth. Emerging exporters like Tanzania, showing substantial growth rates, could play a more prominent role in global share, while geopolitical and economic factors might affect steady exporters like the United States and Canada. Market dynamics will likely shift due to technological advancements and sustainability concerns.
Top countries in Export of Mica Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 37.73 | 2023 | +3.93% | +2.74% | View data |
| 2 | 2 China | 23.14 | 2023 | +3.57% | +2.86% | View data |
| 3 | 3 Canada | 4.62 | 2023 | +0.71% | -0.75% | View data |
| 4 | 4 United States | 4.45 | 2023 | +1.22% | +1.16% | View data |
| 5 | 5 Madagascar | 4.09 | 2023 | +5.2% | +4.28% | View data |
| 6 | 6 France | 3.69 | 2023 | +0.55% | +0.31% | View data |
| 7 | 7 Japan | 2.94 | 2023 | -1.25% | -5.86% | View data |
| 8 | 8 Germany | 2.8 | 2023 | +1.84% | +1.81% | View data |
| 9 | 9 United Kingdom | 2.7 | 2023 | +1.15% | +0.52% | View data |
| 10 | 10 Finland | 1.31 | 2023 | +0.65% | +1.22% | View data |
