Germany: Fluorspar Market 2024

Fluorspar Market Size in Germany

In 2021, the German fluorspar market decreased by -7.7% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fluorspar Production in Germany

In value terms, fluorspar production shrank to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 96%. Fluorspar production peaked at $X in 2020, and then contracted in the following year.

Fluorspar Exports

Exports from Germany

In 2021, overseas shipments of fluorspar increased by 67% to X tons, rising for the second year in a row after three years of decline. Overall, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +128.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluorspar exports surged to $X in 2021. Over the period under review, total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Poland (X tons) and the Czech Republic (X tons) were the main destinations of fluorspar exports from Germany, with a combined 45% share of total exports. France, Austria, Italy, the Netherlands, Slovenia, Slovakia, Turkey, Japan, Hungary and Luxembourg lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +74.6%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Poland ($X) and France ($X) appeared to be the largest markets for fluorspar exported from Germany worldwide, together accounting for 40% of total exports. The Czech Republic, Austria, Italy, Slovenia, Slovakia, Japan, the Netherlands, Turkey, Luxembourg and Hungary lagged somewhat behind, together accounting for a further 51%.

Among the main countries of destination, Turkey, with a CAGR of +60.9%, recorded the highest growth rate of 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 2021, the average fluorspar export price amounted to $X per ton, shrinking by -24.1% against the previous year. Over the period under review, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 20%. The export price peaked at $X per ton in 2020, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorspar Imports

Imports into Germany

In 2021, after two years of decline, there was significant growth in supplies from abroad of fluorspar, when their volume increased by 11% to X tons. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, fluorspar imports totaled $X in 2021. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2018 when imports increased by 75% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), Spain (X tons) and Canada (X tons) were the main suppliers of fluorspar imports to Germany, together comprising 62% of total imports. These countries were followed by the Netherlands, Vietnam, China, Luxembourg, the UK and Mexico, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +76.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), South Africa ($X) and Vietnam ($X) were the largest fluorspar suppliers to Germany, together comprising 57% of total imports. These countries were followed by Canada, the Netherlands, China, Luxembourg, the UK and Mexico, which together accounted for a further 36%.

The Netherlands, with a CAGR of +67.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, dropping by -8.7% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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