The global import of mica in crude form mainly revolves around China, commanding a dominant share of 72.95 USD in 2023, showcasing a continuous growth with a 3.03% year-on-year increase. Other notable countries include Japan and Russia, albeit with much smaller shares. The United States has seen a significant decline by 19.42%, highlighting possible shifts in demand or sourcing strategies. While some countries like Singapore and Sweden have experienced substantial increases in imports, others like the Czech Republic and Australia faced declines, indicating volatile shifts in the mica market landscape.
Looking ahead, the industry should anticipate changes in global trade policies, technological advancements in mica applications, and shifts in regional demands. Environmental regulations and substitutes for mica could also impact import trends. Monitoring these factors will be crucial for strategic positioning and investment decisions in the mica sector.
Top countries in Import of Mica in Crude Form, Sheets and Splittings Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72.95 | 2023 | +4.47% | +3.03% | View data |
| 2 | 2 Japan | 5.41 | 2023 | +0.3% | -2.56% | View data |
| 3 | 3 Russia | 4.44 | 2023 | +4.82% | +4.12% | View data |
| 4 | 4 Germany | 2.95 | 2023 | +1.34% | +2.2% | View data |
| 5 | 5 Saudi Arabia | 1.17 | 2023 | +3.47% | +4.28% | View data |
| 6 | 6 France | 1.01 | 2023 | +4.42% | +4.95% | View data |
| 7 | 7 South Korea | 0.92 | 2023 | +1.31% | +1.86% | View data |
| 8 | 8 India | 0.63 | 2023 | +4.15% | +5.14% | View data |
| 9 | 9 Kazakhstan | 0.5 | 2023 | +2.38% | +3.67% | View data |
| 10 | 10 Romania | 0.44 | 2023 | +2.38% | +2.79% | View data |
