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2019 OVERVIEW OF RAW & MANUFACTURED MATERIALS: Fluorspar

 

According to Roskill, a tentative start by Canada Fluorspar coinciding with a year when China continued with aggressive environmental protection measures has tightened fluorspar supplies used in steelmaking, chemicals and aluminum production. Chinese consumers had to import 140 kt of fluorspar in 2017, up 47% from 2016, and provisional 2018 data indicate a further increase in Chinese imports.

Research by Global Market Insights suggests that the global fluorspar market will top $4 billion by 2024, driven primarily by increasing aluminum and steel demand in developing economies. Among the product segments, metaspar (containing 60-85% calcium fluoride) is expected to grow significantly, reaching a value of more than $1 billion. Rapid industrialization, significant automotive production and high construction activities are expected to lead the Asia-Pacific region to a CAGR of 8.5% through 2024; the region held more than a 60% share of the total fluorspar market in 2016.

U.S. fluorspar consumption in 2017 was satisfied by imports and small quantities of byproduct synthetic fluorspar; apparent consumption rose 21.3% to 450,000 t. The leading use for acid-grade fluorspar remains the production of hydrofluoric acid. Additional use is found in cement production, enamels, steelmaking, glass manufacturing, iron and steel casting, and welding rod coatings.

Total U.S. imports of fluorspar (acid grade and metallurgical) grew by 20.1% in 2017 to 460,000 t; cryolite imports plunged 37.5% to 10,000 t. Fluorspar exports dipped 8.3% to 11,000 t.
(Via: Media Partner of CERAMICS CHINA 2019, Ceramic Industry Magazine, https://www.ceramicindustry.com/articles/97534-raw-manufactured-materials-2019-overview