The Mica Powder market in Romania, expressed in value, stood at 571.91 Thousand US Dollars in 2023. The market has experienced fluctuations over the past decade, with a significant decline in 2020 but a partial recovery in 2021. Despite a consistent decline from 2014 to 2020, the market has shown resilience with slight upticks recently. Over the last two years, the market witnessed minimal year-on-year declines, highlighting a period of stabilization. Over the last five years, it evidenced an average annual decline (CAGR) of 1.28%.
Future trends to watch include potential shifts due to advancements in industrial applications and potential regulatory changes impacting mica use. Monitoring developments in industries like cosmetics and electronics, which utilize mica, could further influence market dynamics in Romania.
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42,505,000 | 2023 | -0.44% | -0.41% | View data |
| 2 | 2 Italy | 20,848,000 | 2023 | +0.088% | -0.74% | View data |
| 3 | 3 United Kingdom | 18,996,000 | 2023 | -0.43% | -0.99% | View data |
| 4 | 4 South Korea | 17,528,000 | 2023 | +0.13% | -0.16% | View data |
| 5 | 5 France | 15,520,000 | 2023 | -3.06% | -3.68% | View data |
| 11 | 11 Belgium | 1,492,500 | 2023 | -11.43% | -8.27% | View data |
| 12 | 12 Switzerland | 1,282,700 | 2023 | -3.26% | -5.59% | View data |
| 13 | 13 Romania | 571,910 | 2023 | -0.45% | -1.28% | |
