The import of fluorspar containing more than 97% calcium fluoride to India is forecasted to rise steadily from 2024 to 2028. The values in million US dollars are projected as follows: 82.483 in 2024, 85.505 in 2025, 88.466 in 2026, 91.368 in 2027, and 94.211 in 2028. Notably, in 2023, the actual value was 79.547 million USD. Year-on-year variations show an average annual growth of approximately 3.67% between 2023 and 2025, around 3.47% from 2025 to 2027, and about 3.09% from 2027 to 2028. The compounded annual growth rate (CAGR) over the 5-year forecast period stands at 3.51%.
Future trends to watch for include potential impacts from global supply chain disruptions, changes in mining outputs, and technological advancements that could affect demand or supply shifts. Additionally, policy changes and economic factors within India or globally could influence the import trends of fluorspar.
