Between 2016 and 2020, mica splittings stocks in the US showed a consistent year-on-year decline, indicating a decreasing trend in the availability of this material. By 2020, stocks had plummeted by approximately 68.98% compared to 2016. The compound annual growth rate (CAGR) illustrates a negative average yearly shift over these years.
Future trends to watch for:
- Potential stabilization or further reduction in mica splittings stocks due to global supply chain adjustments or shifts in demand.
- Emerging technologies or substitutes that may alter consumption patterns.
- Sustainable sourcing initiatives potentially impacting availability and stock levels.
