Report Update Nov 1, 2024

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

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Ecuador: Fluorspar Market 2024

Fluorspar Market Size in Ecuador

The Ecuadorian fluorspar market expanded modestly to $X in 2021, with an increase of 4.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Fluorspar Exports

Exports from Ecuador

After two years of decline, overseas shipments of fluorspar decreased by 0% to X kg in 2015. Overall, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2013. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

In value terms, fluorspar exports stood at $X in 2015. In general, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for fluorspar exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average fluorspar export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the maximum in 2015 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Fluorspar Imports

Imports into Ecuador

Fluorspar imports into Ecuador expanded to X tons in 2021, picking up by 3.9% against 2020 figures. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.8% against 2012 indices. The pace of growth was the most pronounced in 2015 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, fluorspar imports rose to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 8.9% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Mexico (X tons) was the main supplier of fluorspar to Ecuador, accounting for a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Mexico stood at +6.3%.

In value terms, Mexico ($X) constituted the largest supplier of fluorspar to Ecuador.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico totaled +4.3%.

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the import price, however, showed a mild contraction. The growth pace was the most rapid in 2013 an increase of 5.2% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to -1.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorspar in the world?

China remains the largest fluorspar consuming country worldwide, accounting for 63% of total volume. Moreover, fluorspar consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, ninefold. The third position in this ranking was occupied by the United States, with a 4.1% share.

What are the largest producers of fluorspar in the world?

China remains the largest fluorspar producing country worldwide, accounting for 63% of total volume. Moreover, fluorspar production in China exceeded the figures recorded by the second-largest producer, Mexico, sixfold. The third position in this ranking was occupied by Mongolia, with an 8% share.

What are the leading suppliers of fluorspar to Ecuador?

In value terms, Mexico constituted the largest supplier of fluorspar to Ecuador.

What is the average export price for fluorspar in Ecuador?

In 2015, the average fluorspar export price amounted to $444 per ton, standing approx. at the previous year.

What is the average import price for fluorspar in Ecuador?

In 2020, the average fluorspar import price amounted to $380 per ton, growing by 100% against the previous year.

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

Ecuador

Data coverage:

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