The Kaolin and Kaolinic Clays market in Colombia has experienced fluctuations over the past decade. Starting at $39.935 million in 2013, the market demonstrated periods of growth and contraction, peaking most recently at $54.28 million in 2023. The most notable improvements occurred in 2014 with a 17.86% increase and in 2021 with a 16.45% rise. However, the market also saw declines, particularly in 2020 with a -7.1% drop. The Compound Annual Growth Rate (CAGR) for the last five years stands at 2.16%, indicating moderate growth.
Future trends to watch for:
- Increased demand for kaolin in ceramics and construction.
- Technological advancements in production techniques.
- Potential impacts of environmental regulations on mining activities.
- Shifts in global supply chains affecting local production and pricing.
| # | 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 |
| 12 | 12 Malaysia | 65,840,000 | 2023 | +2.02% | +2.41% | View data |
| 13 | 13 Vietnam | 58,590,000 | 2023 | +4% | +2.17% | View data |
| 14 | 14 Colombia | 54,280,000 | 2023 | +2.17% | +2.16% | |
| 15 | 15 Austria | 48,052,000 | 2023 | -3.15% | -1.73% | View data |
| 16 | 16 Romania | 26,250,000 | 2023 | -0.58% | -0.42% | View data |
