Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines - 2023
Contents:
- Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines (CIF) - 2022
- Imports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines
Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines (CIF) - 2022
In 2022, the average import price for fluorspar; containing by weight more than 97% of calcium fluorides amounted to $798 per ton, growing by 12% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fluorspar; containing by weight more than 97% of calcium fluorides increased by +69.1% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 15%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($801 per ton), while the price for the UK stood at $766 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines
In 2022, the amount of fluorspar; containing by weight more than 97% of calcium fluorides imported into the Philippines dropped sharply to 250 tons, with a decrease of -54.8% compared with 2021 figures. Over the period under review, imports faced a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 57%.
In value terms, imports of fluorspar; containing by weight more than 97% of calcium fluorides shrank dramatically to $199K in 2022. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports reached the peak of $395K, and then contracted notably in the following year.
| Import of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 294 | 191 | 356 | 182 | -14.8% |
| United Kingdom | N/A | 24.7 | 17.6 | 17.5 | -15.8% |
| India | 15.5 | 15.4 | 17.6 | N/A | 6.6% |
| Mexico | 64.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 4.0 | N/A | 0% |
| Total | 374 | 231 | 395 | 199 | -19.0% |
Top Suppliers of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride to the Philippines in 2022:
- China (227.0 tons)
- United Kingdom (22.9 tons)
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