The Kaolin and Kaolinic Clays market in Costa Rica demonstrated significant fluctuations from 2013 to 2023. The market value decreased consistently from 2013 to 2016, falling from $10.514 million to $8.9107 million. A notable recovery occurred in 2017, which continued with variable but overall positive growth until 2023, where it stood at $11.665 million. Year-on-year analysis of the last two years shows slight growth, with increases of 1.4% in 2022 and 1.35% in 2023. The compound annual growth rate (CAGR) over the last five years averaged at 0.8%, indicating moderate and steady market performance.
Moving forward, observe potential impacts of technological advancements on production efficiency, fluctuating demand in construction and paper manufacturing industries, and potential environmental regulations affecting mining practices. These factors could significantly influence market dynamics and future growth trends.
| # | 27 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,109,700,000 | 2023 | +3.47% | +1.25% | View data |
| 2 | 2 Japan | 480,070,000 | 2023 | -7.46% | -6.96% | View data |
| 3 | 3 Italy | 376,730,000 | 2023 | -1.16% | -1.67% | View data |
| 4 | 4 Mexico | 287,930,000 | 2023 | +1.49% | +0.74% | View data |
| 5 | 5 Germany | 268,860,000 | 2023 | -6.58% | -6.86% | View data |
| 21 | 21 Switzerland | 12,740,000 | 2023 | -4.21% | -3.24% | View data |
| 22 | 22 Hungary | 12,333,000 | 2023 | -0.19% | -0.35% | View data |
| 23 | 23 Costa Rica | 11,665,000 | 2023 | +1.35% | +0.8% | |
| 24 | 24 Greece | 9,355,700 | 2023 | +1.69% | +3.08% | View data |
| 25 | 25 Latvia | 8,628,400 | 2023 | +2.4% | +3.18% | View data |
