South Africa - Fluorspar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFluorspar Price in South Africa - 2023
Contents:
- Fluorspar Price in South Africa (FOB) - 2023
- Fluorspar Price in South Africa (CIF) - 2022
- Fluorspar Exports in South Africa
- Fluorspar Imports in South Africa
Fluorspar Price in South Africa (FOB) - 2023
The average fluorspar export price stood at $427 per ton in July 2023, falling by -14.9% against the previous month. In general, export price indicated noticeable growth from July 2022 to July 2023: 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 July 2023 figures, fluorspar export price decreased by -14.9% against June 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 56% m-o-m. As a result, the export price attained the peak level of $637 per ton. From March 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Ukraine ($442 per ton), while the average price for exports to India stood at $291 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fluorspar Price in South Africa (CIF) - 2022
The average fluorspar import price stood at $445 per ton in 2022, shrinking by -83% against the previous year. In general, the import price, however, saw a measured increase. The pace of growth was the most pronounced in 2021 an increase of 320%. As a result, import price reached the peak level of $2,615 per ton, and then contracted dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,350 per ton), while the price for Zambia ($81 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Fluorspar Exports in South Africa
In 2022, fluorspar exports from South Africa soared to 308K tons, jumping by 63% against 2021. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, fluorspar exports soared to $105M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fluorspar in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.2 | 0.7 | 15.5 | 30.6 | 434.8% |
| Netherlands | 20.0 | 16.5 | 14.8 | 19.7 | -0.5% |
| Italy | 9.1 | N/A | N/A | 17.8 | 25.1% |
| Luxembourg | N/A | N/A | N/A | 17.0 | 0% |
| Ukraine | N/A | N/A | 0.1 | 11.0 | 10900.0% |
| United Arab Emirates | 4.7 | N/A | 8.0 | 3.8 | -6.8% |
| United States | 6.6 | 20.8 | 0.1 | 3.0 | -23.1% |
| Others | N/A | 8.8 | 10.8 | 2.2 | -50.0% |
| Total | 40.7 | 46.9 | 49.3 | 105 | 37.2% |
Top Export Markets for Fluorspar from South Africa in 2022:
- India (81.8K tons)
- Netherlands (75.2K tons)
- Luxembourg (54.1K tons)
- Italy (45.7K tons)
- Ukraine (25.4K tons)
- United Arab Emirates (11.1K tons)
- United States (6.1K tons)
Fluorspar Imports in South Africa
After two years of decline, purchases abroad of fluorspar increased by 173% to 157 tons in 2022. Over the period under review, imports, however, showed a dramatic shrinkage.
In value terms, fluorspar imports fell dramatically to $70K in 2022. Overall, imports, however, faced a sharp curtailment. The smallest decline of -48.2% was in 2021.
| Import of Fluorspar in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 85.4 | 40.8 | 143 | 53.6 | -14.4% |
| Zambia | N/A | N/A | N/A | 11.0 | 0% |
| Germany | 0.1 | 1.4 | 4.7 | 3.8 | 236.2% |
| Belgium | N/A | 71.7 | N/A | N/A | 0% |
| United Kingdom | 345 | 17.1 | 1.1 | N/A | -94.4% |
| Mexico | 719 | 139 | N/A | N/A | -80.7% |
| Others | 1.4 | 21.3 | 1.5 | 1.6 | 4.6% |
| Total | 1,151 | 291 | 151 | 70.0 | -60.7% |
Top Suppliers of Fluorspar to South Africa in 2022:
- Zambia (135.6 tons)
- China (16.0 tons)
- Germany (4.0 tons)
This report provides an in-depth analysis of the fluorspar market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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Fluorspar exports peaked at 272K tons in 2022, but saw a significant decline in the following year, with export values dropping slightly to $102M in 2023.
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Global trade in fluorspar peaked at $822M in 2021. China remains the leading fluorspar supplier worldwide.
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Fluorspar exports peaked at 272K tons in 2022, but saw a significant decline in the following year, with export values dropping slightly to $102M in 2023.
