EU: Fluorspar Market 2024

Fluorspar Market Size in the EU

In 2022, the EU fluorspar market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fluorspar Production in the EU

In value terms, fluorspar production dropped to $X in 2022 estimated in export price. In general, production showed a mild increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fluorspar Exports

Exports in the EU

In 2022, shipments abroad of fluorspar decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, fluorspar exports reached $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) and the Netherlands (X tons) represented the largest exporters of fluorspar in 2022, recording near X% and X% of total exports, respectively. It was distantly followed by Germany (X tons), committing a X% share of total exports. Bulgaria (X tons), Spain (X tons), the Czech Republic (X tons) and Belgium (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Czech Republic, Spain, Bulgaria and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Fluorspar Imports

Imports in the EU

In 2022, imports of fluorspar in the European Union expanded sharply to X tons, increasing by X% compared with the previous year. Overall, imports, however, showed a slight descent. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorspar imports soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy represented the main importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Germany (X tons), the Netherlands (X tons) and Denmark (X tons), together creating a X% share of total imports. The following importers - Belgium (X tons), France (X tons), Finland (X tons), the Czech Republic (X tons) and Spain (X tons) - each amounted to a X% share of total imports.

Imports into Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) and Denmark (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), Finland (X%), Spain (X%), Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Italy (X p.p.) and Denmark (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fluorspar importing markets in the European Union were Italy ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, rising by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorspar import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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