Europe: Fluorspar Market 2024

Fluorspar Market Size in Europe

In 2022, the Europe fluorspar market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fluorspar Production in Europe

In value terms, fluorspar production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Fluorspar Exports

Exports in Europe

After two years of growth, overseas shipments of fluorspar decreased by X% to X tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped sharply in the following year.

In value terms, fluorspar exports amounted to $X in 2022. Over the period under review, exports, however, showed slight growth. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached 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 roughly X% of total exports in 2022. Germany (X tons) held the next position in the ranking, distantly followed by the UK (X tons). All these countries together held approx. X% share of total exports. Russia (X tons), Bulgaria (X tons) and Spain (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading 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 largest fluorspar supplying countries in Europe were the Netherlands ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports. The UK, Spain, Russia and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries 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 Europe amounted to $X per ton, surging by X% against the previous year. Export price indicated slight growth 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. The growth pace was the most rapid in 2018 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: 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 Europe

In 2022, after four years of growth, there was decline in overseas purchases of fluorspar, when their volume decreased by X% to X tons. Overall, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fluorspar imports surged to $X in 2022. In general, imports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) was the largest importer of fluorspar, making up X% of total imports. Germany (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%) and Russia (X%). Denmark (X tons), Norway (X tons), Belgium (X tons), Albania (X tons) and France (X tons) held a little share of total imports.

Imports into Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, Albania (X%), the Netherlands (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Albania emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Norway (X%), Germany (X%), Russia (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of Italy (X p.p.), the Netherlands (X p.p.), Denmark (X p.p.) and Albania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.), Russia (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, Italy ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Russia, Norway, Belgium, France, Denmark and Albania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Albania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated measured growth 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. As a result, import price attained 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 Belgium ($X per ton), while Albania ($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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