World - Fluorspar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlobal Fluorspar Market Increased Slightly to $1.6B and Is to Continue Modest Growth
IndexBox has just published a new report: 'World - Fluorspar - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The global fluorspar market revenue amounted to $1.6B in 2018, jumping by 5.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, fluorspar consumption, however, continues to indicate a modest increase.Over the period under review, the global fluorspar market attained its maximum level at $2.7B in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.
Consumption by Country
The country with the largest volume of fluorspar consumption was China (3.4M tons), accounting for 54% of total volume. Moreover, fluorspar consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (453K tons), sevenfold. The third position in this ranking was occupied by India (236K tons), with a 3.8% share.
From 2007 to 2018, the average annual rate of growth in terms of volume in China stood at +2.0%. In the other countries, the average annual rates were as follows: the U.S. (-2.6% per year) and India (+4.6% per year).
In value terms, China ($856M) led the market, alone. The second position in the ranking was occupied by the U.S. ($121M). It was followed by India.
The countries with the highest levels of fluorspar per capita consumption in 2018 were Tunisia (8,691 kg per 1000 persons), Kazakhstan (5,441 kg per 1000 persons) and Italy (2,966 kg per 1000 persons).
Market Forecast to 2030
Driven by rising demand for fluorspar worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.0% for the period from 2018 to 2030, which is projected to bring the market volume to 7M tons by the end of 2030.
Production 2007-2018
In 2018, approx. 6.4M tons of fluorspar were produced worldwide; surging by 4.8% against the previous year. In general, fluorspar production continues to indicate a relatively flat trend pattern.
Production by Country
The country with the largest volume of fluorspar production was China (3.5M tons), comprising approx. 55% of total volume. Moreover, fluorspar production in China exceeded the figures recorded by the second-largest producer, Mexico (1M tons), threefold. The third position in this ranking was occupied by Mongolia (585K tons), with a 9.2% share.
From 2007 to 2018, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+0.7% per year) and Mongolia (-0.5% per year).
Exports 2007-2018
Global exports totaled 2.8M tons in 2018. Over the period under review, global fluorspar exports reached their maximum at 3.3M tons in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure. In value terms, fluorspar exports totaled $656M (IndexBox estimates) in 2018. In general, the total exports indicated a perceptible increase from 2007 to 2018: its value increased at an average annual rate of +0.7% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
Exports by Country
In 2018, Mexico (888K tons), distantly followed by Mongolia (557K tons), China (353K tons) and South Africa (312K tons) were the major exporters of fluorspar, together committing 74% of total exports. Spain (113K tons), Morocco (104K tons), Myanmar (69K tons), Italy (59K tons), Namibia (55K tons) and Thailand (50K tons) occupied small shares of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar, while exports for the other global leaders experienced more modest paces of growth.
In value terms, Mexico ($189M) remains the largest fluorspar supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by Mongolia ($93M), with a 14% share of global exports. It was followed by China, with a 13% share.
Export Prices by Country
The average fluorspar export price stood at $231 per ton in 2018, surging by 5.5% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.6%. Over the period under review, the average export prices for fluorspar attained their maximum at $291 per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Namibia ($414 per ton), while Italy ($97 per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.
Imports 2007-2018
In 2018, the global fluorspar imports stood at 2.6M tons, going up by 14% against the previous year. Overall, fluorspar imports, however, continue to indicate a mild contraction. Over the period under review, global fluorspar imports attained their maximum at 3.2M tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum. In value terms, fluorspar imports totaled $688M (IndexBox estimates) in 2018.
Imports by Country
In 2018, the U.S. (459K tons), distantly followed by Italy (236K tons), India (235K tons), Japan (211K tons), China (203K tons), Russia (197K tons) and Germany (182K tons) represented the major importers of fluorspar, together comprising 66% of total imports. Turkey (101K tons), Tunisia (101K tons), the Netherlands (97K tons), South Korea (76K tons) and Canada (75K tons) held a minor share of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest fluorspar importing markets worldwide were the U.S. ($125M), India ($84M) and Germany ($65M), with a combined 40% share of global imports. Italy, Japan, China, Russia, Canada, South Korea, Turkey, Tunisia and the Netherlands lagged somewhat behind, together accounting for a further 43%.
Import Prices by Country
The average fluorspar import price stood at $262 per ton in 2018, rising by 13% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.3%.
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($360 per ton), while Russia ($157 per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
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This report provides an in-depth analysis of the global fluorspar market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
