The kaolin and kaolinic clays market in Canada saw fluctuations over the past decade. From 2012 to 2014, the market experienced gradual growth, with values increasing each year. However, there was a notable decline in 2015, followed by a period of stability and slight growth until 2018. The market dipped again in 2019 and 2020, likely influenced by economic stressors. A recovery began in 2021, but 2022 showed a minor decline. The five-year CAGR from 2017 to 2022 stands at -0.75%, indicating overall market contraction.
Future trends to watch for in the kaolin and kaolinic clays market involve technological advancements in mining and refinement processes, increasing environmental regulations, and potential demand within emerging markets, which could drive future growth. Monitoring these factors will provide insight into the market's trajectory heading into 2024 and beyond.
| # | 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 |
| 6 | 6 Canada | 254,490,000 | 2023 | -0.15% | -1% | |
| 7 | 7 South Korea | 151,970,000 | 2023 | +0.29% | +0.79% | View data |
| 8 | 8 France | 151,060,000 | 2023 | -3.93% | -3.78% | View data |