India and China dominate global mica powder exports, together capturing over 60% market share. In 2023, India showed a 2.74% increase, while China led with a 2.84% rise. South Korea and Thailand exhibited notable growth rates of 6.97% and 6.68% respectively. Conversely, Poland and Greece reported significant decreases with -20.73% and -13.4% respectively, highlighting variability across nations. Countries like Czech Republic and Colombia displayed remarkable year-on-year growth at over 20% each, suggesting new emerging players in the market.
Looking forward, watch for continued leadership by Asian giants, India and China, while potential disruptions may arise from emerging markets like the Czech Republic and Colombia. Additionally, fluctuating geopolitical dynamics and environmental regulations could impact global supply chains, altering the geographical distribution of exports.
Top countries in Export of Mica Powder Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 32.56 | 2023 | +4.19% | +2.74% | View data |
| 2 | 2 China | 27.86 | 2023 | +3.59% | +2.84% | View data |
| 3 | 3 Canada | 5.87 | 2023 | +0.73% | -0.73% | View data |
| 4 | 4 United States | 5.49 | 2023 | +1.54% | +1.62% | View data |
| 5 | 5 France | 4.68 | 2023 | +0.64% | +0.41% | View data |
| 6 | 6 Japan | 3.53 | 2023 | -1.35% | -5.99% | View data |
| 7 | 7 Germany | 3.52 | 2023 | +1.85% | +1.84% | View data |
| 8 | 8 United Kingdom | 3.41 | 2023 | +1.18% | +0.48% | View data |
| 9 | 9 Finland | 1.67 | 2023 | +0.73% | +1.31% | View data |
| 10 | 10 Malaysia | 1.56 | 2023 | +2.02% | +2.23% | View data |