Fluorspar Market
Fluorspar market: get access to recently published facts and figures featured by an Ai-driven BI tool. Statistics contain exports, imports, trade, market prices, companies, consumption, production, and market size. Here is a breakdown by region, including Africa, the U.S., the Middle East, the U.K., EU, Russia, Latin America, and China. Market dynamics and outlook to 2030 are also featured in the dashboards.
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Fluorspar - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Canada |
4 | France |
5 | Mexico |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Canada.
From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to +10.6%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-3.9% per year) and Canada (+5.3% per year).
Fluorspar Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Italy | 81 | 138 | 87 | 3.6% |
Pakistan | 198 | 193 | 200 | 0.5% |
Mongolia | 316 | 285 | 230 | -14.7% |
South Africa | 303 | 407 | 248 | -9.5% |
Mexico | 237 | 269 | 288 | 10.2% |
China | 343 | 360 | 367 | 3.4% |
Netherlands | 251 | 262 | 371 | 21.6% |
Hong Kong SAR | 411 | 390 | 403 | -1.0% |
Morocco | 333 | 463 | 474 | 19.3% |
Germany | 364 | 457 | 511 | 18.5% |
Average | 297 | 291 | 277 | -3.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($511 per tonne), while Italy ($87 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Japan | 408 | 444 | 516 | 12.5% |
Germany | 367 | 442 | 415 | 6.3% |
Indonesia | 388 | 493 | 409 | 2.7% |
India | 331 | 327 | 393 | 9.0% |
South Korea | 255 | 308 | 362 | 19.1% |
Tunisia | 249 | 343 | 356 | 19.6% |
Italy | 280 | 365 | 336 | 9.5% |
United Arab Emirates | 308 | 318 | 331 | 3.7% |
Netherlands | 259 | 297 | 326 | 12.2% |
United States | 273 | 313 | 258 | -2.8% |
Russia | 323 | 298 | 216 | -18.2% |
China | 186 | 181 | 162 | -6.7% |
Turkey | 183 | 223 | 162 | -5.9% |
Average | 277 | 297 | 278 | 0.0% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($516 per tonne), while Turkey ($162 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Tunisia, while the other global leaders experienced more modest paces of growth.
Fluorspar - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
China | 95 | 126 | 126 | 15.0% |
United States | 125 | 133 | 113 | -4.9% |
India | 90 | 44 | 78 | -7.2% |
Italy | 66 | 96 | 74 | 5.8% |
Germany | 65 | 79 | 66 | 0.8% |
In value terms, China ($126M), the United States ($113M) and India ($78M) appeared to be the countries with the highest levels of imports in 2020, with a combined 40% share of global imports. Italy, Germany, the Netherlands, Russia, Japan, Tunisia, South Korea, Indonesia, the United Arab Emirates and Turkey lagged somewhat behind, together accounting for a further 46%.
Among the main importing countries, the Netherlands recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Fluorspar - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Mongolia | 154 | 193 | 156 | 0.9% |
Mexico | 73 | 107 | 77 | 2.4% |
China | 138 | 135 | 65 | -31.7% |
Netherlands | 7.5 | 6.7 | 57 | 176.1% |
South Africa | 69 | 41 | 47 | -17.6% |
In value terms, Mongolia ($156M) remains the largest fluorspar supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by Mexico ($77M), with a 15% share of global exports. It was followed by China, with a 12% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Mongolia was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+2.4% per year) and China (-31.7% per year).
Fluorspar - Market Forecast
Driven by increasing demand for fluorspar worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Fluorspar - Top Companies
Sociedad Quimica y Minera de Chile S.A., American Rock Salt Company LLC, BUCKLAND DRY CREEK PTY LTD, Karnavati Holdings, Inc, Searles Valley Minerals Inc., Svm Minerals Holdings Inc, Everris NA Inc., esco - european salt company GmbH & Co. KG, K+S Chile SA, Südwestdeutsche Salzwerke AG, Texas United Corporation, DAMPIER SALT LIMITED, GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED, ORICA NEW ZEALAND LIMITED, TALISON MINERALS PTY LTD, TALISON LITHIUM AUSTRALIA PTY LTD, Companhia de Desenvolvimento Economico de Minas Gerais - Codemig, COMPAGNIE DES SALINS DU MIDI ET DES SALINES DE L'EST, Salinen Austria Aktiengesellschaft, Sibelco Nordic AS
Fluorspar - Product Coverage
- HS 252921 - Fluorspar; containing by weight 97% or less of calcium fluoride
- HS 252922 - Fluorspar; containing by weight more than 97% of calcium fluoride
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