The global import of mica is dominated by China, accounting for a significant portion of the market, followed by Japan and the United States. Notable increases were observed in Russia, Indonesia, and India, indicating rising demand or sourcing activities. European countries like Germany, Italy, and the UK maintain stable imports, while countries like Belgium and Spain experienced declines. Smaller economies such as Greece, Costa Rica, and Bhutan saw substantial percentage increases, though from lower bases, indicating potential emerging markets.
Future trends suggest monitoring China's continued dominance, potential shifts in supply chains due to geopolitical factors, and the role of technology in innovating applications for mica. Sustainability practices are becoming increasingly relevant, potentially impacting trade dynamics globally.
Top countries in Import of Mica Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.01 | 2023 | +4.29% | +3.02% | View data |
| 2 | 2 Japan | 14.9 | 2023 | +1.35% | +0.1% | View data |
| 3 | 3 United States | 8.73 | 2023 | +1.34% | +1.34% | View data |
| 4 | 4 Germany | 6.23 | 2023 | -0.017% | +0.04% | View data |
| 5 | 5 Italy | 2.8 | 2023 | +2.86% | +2.33% | View data |
| 6 | 6 South Korea | 2.47 | 2023 | +0.76% | +1.11% | View data |
| 7 | 7 United Kingdom | 2.28 | 2023 | +2.31% | +0.44% | View data |
| 8 | 8 Indonesia | 2.26 | 2023 | +2.82% | +2.8% | View data |
| 9 | 9 Russia | 2.17 | 2023 | +4.62% | +3.94% | View data |
| 10 | 10 Thailand | 2.15 | 2023 | +2.75% | +3.46% | View data |