The global export of mica waste in 2023 showed India as the dominant exporter, with a value of 16.847 million USD, leading significantly over other countries. Madagascar followed with 3.8559 million USD, while the United States, South Africa, Malaysia, Spain, and Finland had lower export values. Year-on-year variations in 2023 indicated India had a moderate growth of 2.24%, and Madagascar saw a 2.87% increase. The United States experienced a decrease of 11.33%, whereas South Africa had a notable increase of 34.97%. Malaysia, Spain, and Finland exhibited smaller changes of 4.22%, -8.9%, and 3.78%, respectively.
Future trends to watch include India's continued dominance in the market, with potential expansion due to increasing global demand. South Africa's increasing trend suggests potential growth opportunities, whereas the United States may need strategic changes to counteract the decline in exports. Environmental regulations and technological advancements will likely play a crucial role in shaping the mica waste export landscape.
Top countries in Export of Mica Waste by Country
| # | 7 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 16,847,000 | 2023 | +2.81% | +2.24% | View data |
| 2 | 2 Madagascar | 3,855,900 | 2023 | +5.08% | +2.87% | View data |
| 3 | 3 United States | 103,940 | 2023 | -4.74% | -11.33% | View data |
| 4 | 4 South Africa | 39,520 | 2023 | -15.18% | +34.97% | View data |
| 5 | 5 Malaysia | 20,950 | 2023 | +5.56% | +4.22% | View data |
| 6 | 6 Spain | 6,810 | 2023 | -5.48% | -8.9% | View data |
| 7 | 7 Finland | 2.84 | 2023 | -0.98% | +3.78% | View data |
