The mica market in Switzerland exhibited a fluctuating trend from 2013 to 2023, reaching a market size of 1.4499 million USD in 2023. Over the last two years, the market saw a decrease with year-on-year declines of 2.51% in 2022 and 2.55% in 2023. The five-year compound annual growth rate (CAGR) was -3.73%, indicating a general downward trend from 2018 to 2023. This suggests declining demand or possible market saturation.
Future trends to observe include:
- Potential market recovery based on technological advancements and increased sustainability practices.
- Impact of regulatory changes on the mica sourcing and production process.
- Shifts in consumer preferences towards eco-friendly alternatives.
| # | 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 |
| 10 | 10 Spain | 4,216,100 | 2023 | -2.92% | -3.7% | View data |
| 11 | 11 Romania | 2,034,500 | 2023 | -1.12% | -0.17% | View data |
| 12 | 12 Switzerland | 1,449,900 | 2023 | -2.55% | -3.73% | |
| 13 | 13 Pakistan | 768,200 | 2023 | -0.97% | -1.02% | View data |
