Estonia: Fluorspar Market 2020

Fluorspar Market Size in Estonia

The revenue of the fluorspar market in Estonia amounted to $X in 2018, declining by -X% against the previous year. In general, fluorspar consumption, however, continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, the fluorspar market reached its peak level of $X, and then declined slightly in the following year.

Fluorspar Production in Estonia

In value terms, fluorspar production stood at $X in 2018 estimated in export prices. Over the period under review, fluorspar production continues to indicate an extraordinary increase. The growth pace was the most rapid in 2016 when production volume increased by X% y-o-y. Estonia fluorspar production peaked in 2018 and is likely to see steady growth in the immediate term.

Fluorspar Exports

Exports from Estonia

In 2018, the exports of fluorspar from Estonia amounted to X tons, therefore, remained relatively stable against the previous year. Overall, fluorspar exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. In that year, fluorspar exports attained their peak of X tons. From 2017 to 2018, the growth of fluorspar exports remained at a somewhat lower figure.

In value terms, fluorspar exports stood at $X in 2018. In general, fluorspar exports continue to indicate outstanding growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, fluorspar exports attained their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

In 2018, Mexico (X tons), distantly followed by Mongolia (X tons), China (X tons) and South Africa (X tons) represented the main exporters of fluorspar, together achieving X% of total exports. Spain (X tons), Morocco (X tons), Myanmar (X tons), Italy (X tons), Namibia (X tons) and Thailand (X tons) occupied a minor share 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 (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest fluorspar supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mongolia (+X% per year) and China (-X% per year).

Export Prices by Country

The fluorspar export price in Estonia stood at $X per ton in 2018, standing approx. at the previous year. In general, the fluorspar export price continues to indicate skyrocketing growth. Estonia export price peaked in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Namibia ($X per ton), while Italy ($X 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 leaders experienced more modest paces of growth.

Fluorspar Imports

Imports into Estonia

In 2018, the amount of fluorspar imported into Estonia amounted to X tons, increasing by X% against the previous year. Overall, fluorspar imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, fluorspar imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, fluorspar imports totaled $X in 2018. Over the period under review, fluorspar imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Estonia imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Italy (X tons), India (X tons), Japan (X tons), China (X tons), Russia (X tons) and Germany (X tons) represented the key importers of fluorspar, together creating X% of total imports. The following importers - Turkey (X tons), Tunisia (X tons), the Netherlands (X tons), South Korea (X tons) and Canada (X tons) - together made up X% 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 the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), India ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Italy, Japan, China, Russia, Canada, South Korea, Turkey, Tunisia, the Netherlands and Estonia, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the fluorspar import price in Estonia amounted to $X per ton, approximately mirroring the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Estonia import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Russia ($X 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 leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform