Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India - 2023

Contents:

  1. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (CIF) - 2023
  2. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (FOB) - 2022
  3. Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India
  4. Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (CIF) - 2023

In July 2023, the average import price for fluorspar; containing by weight 97% or less of calcium fluorides amounted to $347 per ton, surging by 6.1% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 10% m-o-m. The import price peaked at $357 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($415 per ton), while the price for South Africa ($253 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+5.3%), while the prices for the other major suppliers experienced a decline.

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (FOB) - 2022

The average export price for fluorspar; containing by weight 97% or less of calcium fluorides stood at $525 per ton in 2022, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cameroon ($890 per ton), while the average price for exports to Bangladesh ($381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India

In 2022, supplies from abroad of fluorspar; containing by weight 97% or less of calcium fluorides increased by 30% to 45K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent.

In value terms, imports of fluorspar; containing by weight 97% or less of calcium fluorides soared to $17M in 2022. Over the period under review, imports, however, showed a abrupt contraction.

Import of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4.74.56.510.832.0%
South Africa0.71.30.52.858.7%
China9.23.90.81.3-47.9%
Hong Kong SAR0.81.40.80.94.0%
Morocco4.62.12.50.5-52.3%
Vietnam1.21.3N/A0.5-25.3%
United Arab Emirates0.91.10.30.1-51.9%
Others0.1N/A0.10.226.0%
Total22.215.611.417.2-8.2%

Top Suppliers of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride to India in 2022:

  1. Thailand (27.8K tons)
  2. South Africa (8.1K tons)
  3. China (2.7K tons)
  4. Hong Kong SAR (2.5K tons)
  5. Vietnam (1.7K tons)
  6. Morocco (1.3K tons)
  7. United Arab Emirates (0.2K tons)

Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India

In 2022, exports of fluorspar; containing by weight 97% or less of calcium fluorides from India skyrocketed to 236 tons, with an increase of 102% on the previous year. In general, exports, however, recorded a precipitous decrease.

In value terms, exports of fluorspar; containing by weight 97% or less of calcium fluorides surged to $124K in 2022. Overall, exports, however, recorded a abrupt decrease.

Export of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh16.77.226.450.844.9%
CameroonN/AN/AN/A24.00%
NepalN/A1.8N/A21.1242.4%
Jordan18.814.5N/A15.5-6.2%
Bhutan16.32.0N/A4.6-34.4%
KenyaN/AN/AN/A4.10%
TanzaniaN/A1.46.73.660.4%
South Korea18.5N/AN/AN/A0%
China143N/AN/AN/A0%
EthiopiaN/AN/A19.3N/A0%
OmanN/A6.6N/AN/A0%
Ghana13.4N/AN/AN/A0%
Others9.02.71.8N/A-55.3%
Total23636.154.2124-19.3%

Top Export Markets for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride from India in 2022:

  1. Bangladesh (133.5 tons)
  2. Nepal (31.5 tons)
  3. Cameroon (27.0 tons)
  4. Jordan (25.0 tons)
  5. Bhutan (7.0 tons)
  6. Kenya (6.8 tons)
  7. Tanzania (5.0 tons)

Source: IndexBox Market Intelligence Platform

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