In 2023, China led global exports of mica plates, sheets, and strips with a substantial share, experiencing a notable year-on-year growth of 3.97%. Switzerland and Germany followed, with varying trends, as Switzerland saw a decline by 3.13%, whereas Germany had a stable growth of 0.84%. Among other major exporters, India and United Kingdom showed positive momentum with 4.07% and 2.38% increases respectively. However, Belgium experienced a sharp decline of 10.26%. Noteworthy growth was observed in Hungary, showing the highest year-on-year increase of 32.71%, and Croatia following with 7.69%.
Future trends to watch in this market include:
- China maintaining its leadership, potentially enhancing its share with continued economic growth.
- Emerging markets such as Hungary and Croatia may indicate expanding roles if growth is sustained.
- Observing shifts in European markets affected by declining trends in Switzerland and Belgium.
- Technological advancements improving production could influence export dynamics globally.
Top countries in Export of Mica Plates, Sheets and Strips Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 30.29 | 2023 | +3.65% | +3.97% | View data |
| 2 | 2 Switzerland | 11.96 | 2023 | -1.78% | -3.13% | View data |
| 3 | 3 Germany | 8.83 | 2023 | +0.51% | +0.84% | View data |
| 4 | 4 United Kingdom | 8.64 | 2023 | +2.95% | +2.38% | View data |
| 5 | 5 Czech Republic | 6.65 | 2023 | +1.83% | -0.62% | View data |
| 6 | 6 India | 5.49 | 2023 | +3.62% | +4.07% | View data |
| 7 | 7 United States | 4.23 | 2023 | -2.08% | -1.16% | View data |
| 8 | 8 Belgium | 4 | 2023 | -11.92% | -10.26% | View data |
| 9 | 9 Russia | 3.38 | 2023 | +0.83% | +0.42% | View data |
| 10 | 10 Japan | 3.07 | 2023 | -1.16% | +1.04% | View data |
