The import of worked mica and articles of mica to the UK in 2023 stood at an estimated 1.068 million kilograms. From 2024, forecast data shows a steady increase in import volumes, starting with 1.0748 million kilograms and reaching 1.0956 million kilograms by 2028. Year-on-year growth indicates a consistent, incremental rise of around 0.5% annually. The compound annual growth rate (CAGR) over these five years is approximately 0.5%, illustrating stable but modest growth.
Future trends to watch for include potential disruptions in the supply chain influencing import volumes, the impact of technological advancements in mica use, and evolving trade policies that could affect supply and demand dynamics. Additionally, sustainability considerations in the mining and processing of mica may steer trends in export markets, influencing UK imports.
