The forecast for mica production in Brazil from 2024 to 2028 indicates a consistent upward trend, with production expected to rise from 13.6 to 15.25 thousand metric tons. In 2023, mica production was 13.2 thousand metric tons, indicating positive year-on-year growth rates for the forecast period.
- 2024: 3.03% increase
- 2025: 3.16% increase
- 2026: 2.92% increase
- 2027: 2.84% increase
- 2028: 2.70% increase
The compound annual growth rate (CAGR) over the period is 2.92%, reflecting a steady rise in production capacity.
Future trends to watch for include potential fluctuations in global demand, impacts of technological advancements in mica extraction, and environmental regulations that could either inhibit or promote production efficiencies in Brazil.
