Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines - 2023
Contents:
- Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines (CIF) - 2023
- Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines
Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines (CIF) - 2023
In June 2023, the average import price for fluorspar; containing by weight 97% or less of calcium fluorides amounted to $115 per ton, stabilizing at the previous month. Over the period under review, the import price posted a noticeable increase. The import price peaked at $851 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to June 2023, the rate of growth in terms of prices for China amounted to +4.4% per month.
Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines
In 2022, the amount of fluorspar; containing by weight 97% or less of calcium fluorides imported into the Philippines surged to 551 tons, increasing by 535% on the previous year. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,813%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of fluorspar; containing by weight 97% or less of calcium fluorides skyrocketed to $122K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,660%. As a result, imports attained the peak of $133K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 103 | 31.6 | 122 | 194.0% |
| India | N/A | 30.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 133 | 31.6 | 122 | 194.0% |
Top Suppliers of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride to the Philippines in 2022:
- China (550.8 tons)
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