The mica market in Pakistan has shown significant fluctuation over the past decade, closing at approximately $768.2 thousand USD in 2023. From 2013 to 2023, the market exhibited a mix of growth and decline, with notable dives in 2020 and a brief recovery in 2021. Over the last two years, the market decreased by about 0.97% annually. The compound annual growth rate (CAGR) for the last five years was -1.02%, indicating an overall decline in market value. However, the market displayed brief periods of resurgence, suggesting opportunities for strategic interventions.
Future trends to watch for:
- Potential shifts in global mica demand and price volatility influencing Pakistan's export and domestic market.
- Technological advancements impacting mica processing and utilization.
- Sustainability initiatives that might affect mica mining practices and regulations.
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49,008,000 | 2023 | -1.49% | -1.59% | View data |
| 2 | 2 Italy | 27,767,000 | 2023 | +1.44% | +0.94% | View data |
| 3 | 3 Brazil | 22,750,000 | 2023 | -1.78% | -1.6% | View data |
| 4 | 4 United Kingdom | 20,557,000 | 2023 | -0.23% | -0.58% | View data |
| 5 | 5 France | 20,000,000 | 2023 | -1.65% | -2.16% | View data |
| 11 | 11 Romania | 2,034,500 | 2023 | -1.12% | -0.17% | View data |
| 12 | 12 Switzerland | 1,449,900 | 2023 | -2.55% | -3.73% | View data |
| 13 | 13 Pakistan | 768,200 | 2023 | -0.97% | -1.02% | |
