The mica market in Canada has exhibited fluctuations from 2013 to 2023, marking a value of 16.398 million USD in 2023. Despite some growth years, such as 2016 and 2018, the market has generally experienced a decline with notable decreases in 2014 and 2019. The year-on-year variation recently showed a marginal decline, with a CAGR of -0.88% over the last five years signaling consistent market challenges. The market captured a small positive rebound in 2021 without sustaining momentum.
Future trends to watch include:
- Technological advancements in mining and processing.
- Demand shifts due to emerging applications in electronics and renewable energy.
- Potential regulatory impacts and environmental considerations.
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49,008,000 | 2023 | -1.49% | -1.59% | View data |
| 2 | 2 Italy | 27,767,000 | 2023 | +1.44% | +0.94% | View data |
| 3 | 3 Brazil | 22,750,000 | 2023 | -1.78% | -1.6% | View data |
| 4 | 4 United Kingdom | 20,557,000 | 2023 | -0.23% | -0.58% | View data |
| 5 | 5 France | 20,000,000 | 2023 | -1.65% | -2.16% | View data |
| 6 | 6 South Korea | 18,560,000 | 2023 | +1.46% | -2.32% | View data |
| 7 | 7 Canada | 16,398,000 | 2023 | -0.047% | -0.88% | |
| 8 | 8 Australia | 5,552,800 | 2023 | +2.18% | +2.14% | View data |
| 9 | 9 Poland | 5,483,800 | 2023 | +0.61% | +1.03% | View data |
