Report Update Nov 1, 2024

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

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Mexico: Fluorspar Market 2024

Fluorspar Market Size in Mexico

The Mexican fluorspar market contracted markedly to $X in 2021, reducing by -21.5% against the previous year. Overall, consumption, however, recorded significant growth. Fluorspar consumption peaked at $X in 2020, and then plummeted in the following year.

Fluorspar Production in Mexico

In value terms, fluorspar production contracted dramatically to $X in 2021 estimated in export price. Overall, production saw a buoyant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 100%. Fluorspar production peaked at $X in 2020, and then shrank remarkably in the following year.

Fluorspar Exports

Exports from Mexico

In 2021, the amount of fluorspar exported from Mexico soared to X tons, rising by 50% against the previous year. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 73%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorspar exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for fluorspar exports from Mexico, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -3.2%.

In value terms, the United States ($X) also remains the key foreign market for fluorspar exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +1.5%.

Export Prices by Country

In 2021, the average fluorspar export price amounted to $X per ton, with a decrease of -20.4% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 73% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.8% per year.

Fluorspar Imports

Imports into Mexico

For the third year in a row, Mexico recorded growth in purchases abroad of fluorspar, which increased by 44% to X tons in 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 183% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, fluorspar imports expanded markedly to $X in 2021. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 100% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the main fluorspar supplier to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +40.6%.

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

From 2012 to 2021, the average annual growth rate of value from the United States stood at +24.9%.

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, shrinking by -23.1% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 an increase of 61% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.2% 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, 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 Mexico?

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

What are the leading importers of fluorspar from Mexico?

In value terms, the United States remains the key foreign market for fluorspar exports from Mexico.

What is the average export price for fluorspar in Mexico?

The average fluorspar export price stood at $288 per ton in 2020, surging by 6.8% against the previous year.

What is the average import price for fluorspar in Mexico?

In 2020, the average fluorspar import price amounted to $177 per ton, shrinking by -6.1% against the previous year.

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

Mexico

Data coverage:

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