Russian Federation - Fluorspar - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Russian Federation - Fluorspar - Market Analysis, Forecast, Size, Trends And Insights

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Fluorspar Price in Russia - 2022

Contents:

  1. Fluorspar Price in Russia (CIF) - 2022
  2. Fluorspar Price in Russia (FOB) - 2022
  3. Fluorspar Imports in Russia
  4. Fluorspar Exports in Russia

Fluorspar Price in Russia (CIF) - 2022

The average fluorspar import price stood at $133 per ton in January 2022, declining by -30.2% against the previous month. Over the period under review, the import price showed a perceptible decline. The pace of growth was the most pronounced in September 2021 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the maximum at $242 per ton in January 2021; however, from February 2021 to January 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Kazakhstan ($415 per ton), while the price for Mongolia totaled $113 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.4%).

Fluorspar Price in Russia (FOB) - 2022

In January 2022, the average fluorspar export price amounted to $382 per ton, surging by 9.2% against the previous month. Overall, export price indicated a moderate increase from January 2021 to January 2022: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, fluorspar export price increased by +94.4% against October 2021 indices. The pace of growth appeared the most rapid in November 2021 an increase of 70% month-to-month. Over the period under review, the average export prices hit record highs at $477 per ton in July 2021; however, from August 2021 to January 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Azerbaijan ($740 per ton), while the average price for exports to Belarus ($278 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorspar Imports in Russia

In 2022, fluorspar imports into Russia dropped to 181K tons, declining by -7.3% compared with the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of 195K tons, and then contracted in the following year.

In value terms, fluorspar imports contracted modestly to $37M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2% against the previous year.

Import of Fluorspar in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mongolia43.430.431.529.7-11.9%
Kazakhstan7.24.36.26.3-4.4%
Others4.41.10.71.2-35.2%
Total54.935.938.437.2-12.2%

Top Suppliers of Fluorspar to Russia in 2022:

  1. Mongolia (169.7K tons)
  2. Kazakhstan (9.7K tons)

Fluorspar Exports in Russia

After three years of growth, overseas shipments of fluorspar decreased by -3.8% to 9.8K tons in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 123%.

In value terms, fluorspar exports reduced to $3.1M in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 136%.

Export of Fluorspar in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine8096199971,24515.5%
Belarus1721,4131,6531,16989.4%
Armenia41.4N/AN/A345102.7%
AzerbaijanN/AN/A38.1216466.9%
Kazakhstan197327402124-14.3%
Uzbekistan21.6548149N/A162.6%
OthersN/A15.035.3N/A135.3%
Total1,2402,9233,2743,09935.7%

Top Export Markets for Fluorspar from Russia in 2022:

  1. Belarus (4.7K tons)
  2. Ukraine (3.1K tons)
  3. Kazakhstan (0.9K tons)
  4. Armenia (0.7K tons)
  5. Azerbaijan (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fluorspar market in the Russian Federation. 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:

    • Russia

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the Russian Federation
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 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. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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