Iceland: Fluorspar Market 2020

Fluorspar Market Size in Iceland

The revenue of the fluorspar market in Iceland amounted to $X in 2018, falling by -X% 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). Over the period under review, fluorspar consumption continues to indicate a deep setback. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the fluorspar market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Fluorspar Exports

Exports from Iceland

In 2018, the fluorspar exports from Iceland stood at X kg, lowering by -X% against the previous year. Overall, fluorspar exports, however, continue to indicate an extraordinary increase. Over the period under review, fluorspar exports reached their peak figure at X kg in 2017, and then declined slightly in the following year.

In value terms, fluorspar exports stood at $X in 2018. In general, fluorspar exports, however, continue to indicate outstanding growth. Iceland exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, Mexico (X tons), distantly followed by Mongolia (X tons), China (X tons) and South Africa (X tons) were the major exporters of fluorspar, together comprising X% of total exports. The following exporters - Spain (X tons), Morocco (X tons), Myanmar (X tons), Italy (X tons), Namibia (X tons) and Thailand (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest fluorspar supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Mexico stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mongolia (+X% per year) and China (-X% per year).

Export Prices by Country

In 2018, the fluorspar export price in Iceland amounted to $X per ton, dropping by -X% against the previous year. In general, the fluorspar export price, however, continues to indicate a resilient expansion. Iceland export price peaked at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Namibia ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Fluorspar Imports

Imports into Iceland

In 2018, the amount of fluorspar imported into Iceland stood at X tons, coming down by -X% against the previous year. Overall, fluorspar imports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Iceland imports peaked at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, fluorspar imports amounted to $X in 2018. In general, fluorspar imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, fluorspar imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Italy (X tons), India (X tons), Japan (X tons), China (X tons), Russia (X tons) and Germany (X tons) represented the major importers of fluorspar, together comprising X% of total imports. Turkey (X tons), Tunisia (X tons), the Netherlands (X tons), South Korea (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), India ($X) and Germany ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. Italy, Japan, China, Russia, Canada, South Korea, Turkey, Tunisia, the Netherlands and Iceland lagged somewhat behind, together accounting for a further X terms of the main importing countries, Turkey experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the fluorspar import price in Iceland amounted to $X per ton, approximately equating the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, the import prices for fluorspar reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform