MERCOSUR: Fluorspar Market 2024

Fluorspar Market Size in MERCOSUR

In 2022, the MERCOSUR fluorspar market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fluorspar Production in MERCOSUR

In value terms, fluorspar production reached $X in 2022 estimated in export price. In general, production continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Fluorspar Exports

Exports in MERCOSUR

In 2022, approx. X tons of fluorspar were exported in MERCOSUR; growing by X% compared with the year before. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fluorspar exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Chile (X tons), Peru (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fluorspar exports from Argentina stood at X%. At the same time, Peru (X%) and Chile (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest fluorspar supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Argentina, fluorspar exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. In general, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Fluorspar Imports

Imports in MERCOSUR

In 2022, purchases abroad of fluorspar increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fluorspar imports surged to $X in 2022. Over the period under review, imports continue to indicate pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the main importer of fluorspar in MERCOSUR, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Peru (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (X%) and Chile (X%).

From 2012 to 2022, average annual rates of growth with regard to fluorspar imports into Brazil stood at X%. At the same time, Peru (X%) and Chile (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. While the share of Peru (X p.p.), Brazil (X p.p.), Colombia (X p.p.) and Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported fluorspar in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports. It was followed by Colombia, with an X% share.

In Brazil, fluorspar imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Peru (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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