Between 2012 and 2022, the Bentonite market in South Korea showcased fluctuations in its per capita value expressed in US Dollar Percentages. Starting at 1.22% in 2012, the value saw peaks and valleys, reaching its highest point at 1.71% in 2015 before dipping and stabilizing around 1.61% by 2022. Notable variations include a significant drop in 2017 to 1.32% and a subsequent moderate recovery. Over the last two years, the year-on-year growth remained relatively stable with minor fluctuations, showing a 0.62% increase from 2020 to 2021 and a 1.26% rise from 2021 to 2022. Between 2018 and 2023, the compound annual growth rate (CAGR) hovered at around 1.36%.
Future trends to watch for include potential impacts of technological advancements in the bentonite processing industry, shifts in domestic industrial demand, and changes in international trade policies. These factors could influence market dynamics, shaping future growth and stability.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 4.91 | 2023 | View data | ||
| 2 | 2 Denmark | 3.44 | 2023 | View data | ||
| 3 | 3 Germany | 3.32 | 2023 | View data | ||
| 4 | 4 Belgium | 2.69 | 2023 | View data | ||
| 5 | 5 Uruguay | 2.11 | 2023 | View data | ||
| 11 | 11 Poland | 1.68 | 2023 | View data | ||
| 12 | 12 Australia | 1.65 | 2023 | View data | ||
| 13 | 13 South Korea | 1.61 | 2023 | |||
| 14 | 14 Spain | 1.5 | 2023 | View data | ||
| 15 | 15 Japan | 1.43 | 2023 | View data | ||
