New Zealand: Fluorspar Market 2025

Fluorspar Market Size in New Zealand

The New Zealand fluorspar market soared to $X in 2021, rising by 73% 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, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Fluorspar Exports

Exports from New Zealand

In 2018, after two years of decline, there was decline in overseas shipments of fluorspar, when their volume decreased by 0% to X tons. In general, exports recorded a resilient expansion. The growth pace was the most rapid in 2015 when exports increased by 187%. As a result, the exports attained the peak of X tons. From 2016 to 2018, the growth of the exports remained at a somewhat lower figure.

In value terms, fluorspar exports amounted to $X in 2018. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 65% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for fluorspar exports from New Zealand, accounting for a 100% share of total exports. It was followed by Fiji (X kg), with a 0.1% share of total exports.

From 2014 to 2018, the average annual growth rate of volume to the United States was relatively modest.

From 2014 to 2018, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average fluorspar export price stood at $X per ton in 2018, leveling off at the previous year. In general, the export price showed a dramatic slump. The most prominent rate of growth was recorded in 2015 when the average export price decreased by -42.4%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2018, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Fiji ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2014 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+147.5%).

Fluorspar Imports

Imports into New Zealand

In 2021, imports of fluorspar into New Zealand soared to X tons, picking up by 60% on the previous year's figure. In general, imports, however, continue to indicate a pronounced decline. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fluorspar imports soared to $X in 2021. Over the period under review, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Mexico (X tons) constituted the largest fluorspar supplier to New Zealand, accounting for a 59% share of total imports. Moreover, fluorspar imports from Mexico exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+3.9% per year) and the United States (+49.4% per year).

In value terms, the largest fluorspar suppliers to New Zealand were Mexico ($X), Taiwan (Chinese) ($X) and the United States ($X), with a combined 85% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +43.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average fluorspar import price stood at $X per ton in 2021, increasing by 12% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fluorspar import price increased by +78.7% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :