Tin prices rose to record levels in response to high demand from the electronics industry and a severe supply shortage on the market. The deficit has been driven on by pandemic-related decreases in mining output in 2020, the shipping container crisis and a drop in exports due to supply-chain disruptions. Prices are forecast to fall only in 2022 thanks to ramped-up mining output and supply and demand returning to equilibrium.
In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
In 2020, most countries suspended mines since the pandemic started. However, natural graphite production is projected to grow, driven by increasing demand from the electric vehicle industry.
The global talc and steatite market was hit severely by the pandemic, with the volume of the global trade dropping twofold in May 2020 and failing to recover. The decreases in the printing paper and cosmetics industries challenge the talc market, being partially offset by rising demand from the plastics industry. China appears to be less severely hit by the pandemic than the rest of the world, which points out the Chinese downstream industries to buoy the expected slight growth of the global talc market.
In 2019, the global fluorspar market increased by 8.9% to $2.3B, rising for the third consecutive year after four...
In 2019, the Asia-Pacific coal market increased by 6.1% to $751.8B, rising for the third consecutive year after four...
The global fluorspar market revenue amounted to $1.6B in 2018, jumping by 5.5% against the previous year. The global fluorspar market attained its maximum level at $2.7B in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.
Global chromium exports totaled $447M in 2018. After bottoming out from 2015-2016, it increased robustly over the last two years.
The global feldspar market revenue amounted to $2.1B in 2018, growing by 7.2% against the previous year. The market value increased gradually at an average annual rate of +1.6% over the period from 2007 to 2018.