Report Update Nov 1, 2024

Canada - Fluorspar - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Fluorspar Market 2024

Fluorspar Market Size in Canada

In 2021, the Canadian fluorspar market was finally on the rise to reach $X after two years of decline. Overall, consumption saw a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fluorspar Production in Canada

In value terms, fluorspar production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 483%. Fluorspar production peaked at $X in 2020, and then dropped modestly in the following year.

Fluorspar Exports

Exports from Canada

In 2021, after two years of growth, there was significant decline in overseas shipments of fluorspar, when their volume decreased by 99.9% to X tons. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 274,267%. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell remarkably in the following year.

In value terms, fluorspar exports reduced remarkably to $X in 2021. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 820,992% against the previous year. The exports peaked at $X in 2020, and then shrank notably in the following year.

Exports by Country

The United States (X tons), Germany (X tons) and Italy (X tons) were the main destinations of fluorspar exports from Canada, with a combined 55% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +21.2%), while the other leaders experienced a decline.

In value terms, the United States ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for fluorspar exported from Canada worldwide, with a combined 53% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +2.6%, 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 a decline.

Export Prices by Country

In 2021, the average fluorspar export price amounted to $X per ton, with a decrease of -54.3% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 199%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to India ($X per ton) and Germany ($X per ton), while the average price for exports to Italy ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-4.2%), while the prices for the other major destinations experienced a decline.

Fluorspar Imports

Imports into Canada

In 2021, the amount of fluorspar imported into Canada surged to X tons, growing by 106% against 2020 figures. Overall, imports saw mild growth. The pace of growth appeared the most rapid in 2017 with an increase of 112%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, fluorspar imports contracted to $X in 2021. Over the period under review, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 79%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X tons), South Africa (X tons) and Vietnam (X tons) were the main suppliers of fluorspar imports to Canada, with a combined 68% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +107.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Morocco ($X), South Africa ($X) and Vietnam ($X) were the largest fluorspar suppliers to Canada, with a combined 85% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of -5.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, reducing by -57.5% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 37%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Morocco ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorspar in the world?

China constituted the country with the largest volume of fluorspar consumption, comprising approx. 63% of total volume. Moreover, fluorspar consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, ninefold. The United States ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of fluorspar in the world?

China constituted the country with the largest volume of fluorspar production, accounting for 63% of total volume. Moreover, fluorspar production in China exceeded the figures recorded by the second-largest producer, Mexico, sixfold. Mongolia ranked third in terms of total production with an 8% share.

What are the leading suppliers of fluorspar to Canada?

In value terms, Vietnam constituted the largest supplier of fluorspar to Canada, comprising 86% of total imports. The second position in the ranking was occupied by Mexico, with an 8.4% share of total imports.

What is the average export price for fluorspar in Canada?

The average fluorspar export price stood at $113 per ton in 2020, rising by 5.9% against the previous year.

What is the average import price for fluorspar in Canada?

In 2020, the average fluorspar import price amounted to $340 per ton, shrinking by -2.3% against the previous year.

This report provides an in-depth analysis of the fluorspar market in Canada. 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:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023