Report Update Nov 1, 2024

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

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Indonesia: Fluorspar Market 2024

Fluorspar Market Size in Indonesia

For the fourth year in a row, the Indonesian fluorspar market recorded growth in sales value, which increased by 41% to $X in 2021. Over the period under review, consumption posted a significant expansion. Fluorspar consumption peaked in 2021 and is likely to see gradual growth in the near future.

Fluorspar Exports

Exports from Indonesia

For the sixth year in a row, Indonesia recorded decline in shipments abroad of fluorspar, which decreased by -18.8% to X tons in 2021. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 45%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, fluorspar exports surged to $X in 2021. Over the period under review, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

South Korea (X tons) was the main destination for fluorspar exports from Indonesia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea stood at -15.0%.

In value terms, South Korea ($X) emerged as the key foreign market for fluorspar exports from Indonesia.

From 2012 to 2021, the average annual growth rate of value to South Korea stood at +3.7%.

Export Prices by Country

In 2021, the average fluorspar export price amounted to $X per ton, picking up by 48% against the previous year. Overall, the export price posted a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 135%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +22.1% per year.

Fluorspar Imports

Imports into Indonesia

In 2021, the amount of fluorspar imported into Indonesia surged to X tons, rising by 16% compared with the previous year's figure. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 179%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, fluorspar imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 228%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest fluorspar supplier to Indonesia, accounting for a 73% share of total imports. Moreover, fluorspar imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), sixfold. Pakistan (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +56.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+47.0% per year) and Pakistan (+19.6% per year).

In value terms, China ($X) constituted the largest supplier of fluorspar to Indonesia, comprising 77% of total imports. The second position in the ranking was held by Mexico ($X), with a 12% share of total imports. It was followed by Pakistan, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +58.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+43.2% per year) and Pakistan (+19.4% per year).

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, surging by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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 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, comprising approx. 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 Indonesia?

In value terms, China, Mexico and Pakistan constituted the largest fluorspar suppliers to Indonesia, together accounting for 97% of total imports.

What are the leading importers of fluorspar from Indonesia?

In value terms, Thailand emerged as the key foreign market for fluorspar exports from Indonesia, comprising 81% of total exports. The second position in the ranking was occupied by Poland, with a 14% share of total exports.

What is the average export price for fluorspar in Indonesia?

The average fluorspar export price stood at $2,977 per ton in 2020, jumping by 36% against the previous year.

What is the average import price for fluorspar in Indonesia?

The average fluorspar import price stood at $409 per ton in 2020, declining by -17.1% against the previous year.

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

Indonesia

Data coverage:

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