In 2023, China imported approximately 6 million kilograms of mica powder. The forecast from 2024 to 2028 indicates a consistent annual increase in import volume, with the 2024 import value projected at 6.1684 million kilograms and growing to 6.6314 million kilograms by 2028. Year-on-year growth, calculated from these projections, suggests a steady increase of just under 2% annually. This culminates in a compound annual growth rate (CAGR) of approximately 1.8% over the five years.
Future trends to watch include potential shifts in China’s industrial manufacturing demands that may affect mica's usage, along with global market conditions that could influence import strategies and pricing for this essential mineral.
