The Mica market size per capita in South Korea has experienced a steady decline from 2013 to 2023, decreasing from $0.41 in 2013 to $0.29 in 2023. Year-on-year changes show a consistent reduction, particularly over the last two years, with a decrease of around 9.1% from 2021 to 2022, and a further 3.3% decline toward 2023. The Compound Annual Growth Rate (CAGR) over the past five years reflects a decline.
As we look to the future, several trends could shape the Mica market in South Korea:
- Environmental regulations impacting mining and production could further affect supply and prices.
- Technological advancements and alternative materials may see reduced demand for traditional mica.
- Global market shifts and trade dynamics could considerably influence imports and exports.
| # | 13 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 0.59 | 2023 | View data | ||
| 2 | 2 Italy | 0.46 | 2023 | View data | ||
| 3 | 3 Canada | 0.42 | 2023 | View data | ||
| 4 | 4 United Kingdom | 0.3 | 2023 | View data | ||
| 5 | 5 France | 0.29 | 2023 | View data | ||
| 6 | 6 South Korea | 0.29 | 2023 | |||
| 7 | 7 Australia | 0.22 | 2023 | View data | ||
| 8 | 8 Switzerland | 0.18 | 2023 | View data | ||
