Eastern Europe: Fluorspar Market 2024

Fluorspar Market Size in Eastern Europe

In 2023, after three years of growth, there was significant decline in the East European fluorspar market, when its value decreased by X% to $X. In general, consumption, however, saw a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2022, and then shrank remarkably in the following year.

Fluorspar Production in Eastern Europe

In value terms, fluorspar production plummeted to $X in 2023 estimated in export price. Overall, production, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then dropped remarkably in the following year.

Fluorspar Exports

Exports in Eastern Europe

In 2023, approx. X tons of fluorspar were exported in Eastern Europe; picking up by X% against 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, fluorspar exports shrank to $X in 2023. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) and Russia (X tons) dominates exports structure, together creating X% of total exports. It was distantly followed by Poland (X tons), achieving an X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the Czech Republic ($X) remains the largest fluorspar supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the Czech Republic stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Fluorspar Imports

Imports in Eastern Europe

In 2023, approx. X tons of fluorspar were imported in Eastern Europe; waning by X% compared with 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, fluorspar imports stood at $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was near X% of total imports in 2023. Belarus (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%). The following importers - Poland (X tons) and Ukraine (X tons) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the fluorspar imports, with a CAGR of X% from 2012 to 2023. Belarus (X%), the Czech Republic (X%), Poland (X%) and Ukraine (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus, Poland, the Czech Republic and Ukraine saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively.

In value terms, Russia ($X) constitutes the largest market for imported fluorspar in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Ukraine (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform