The Silica Sands and Quartz Sands market in South Korea has shown moderate growth over the past decade, with per capita value reaching $3.53 in 2023. From 2022 to 2023, a slight year-on-year increase of about 0.86% was observed. Examining the five-year period from 2019 to 2023, the compound annual growth rate (CAGR) is approximately 0.76%, indicating a steady but slow upward trend.
Looking ahead, potential factors influencing future trends include global demand for silica in electronics and solar panel production, innovations in glass manufacturing, and environmental regulations. Monitoring these factors could shape market direction significantly in South Korea.
| # | 16 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 5.46 | 2023 | View data | ||
| 2 | 2 Austria | 4.74 | 2023 | View data | ||
| 3 | 3 Italy | 4.03 | 2023 | View data | ||
| 4 | 4 Sweden | 3.61 | 2023 | View data | ||
| 5 | 5 Netherlands | 3.58 | 2023 | View data | ||
| 6 | 6 South Korea | 3.53 | 2023 | |||
| 7 | 7 Japan | 3.09 | 2023 | View data | ||
| 8 | 8 Germany | 2.46 | 2023 | View data | ||
