In 2023, the import of fluorspar containing less than 97% calcium fluoride to the UK stood at a certain baseline level. Forecasts indicate a downward trend from 2024 to 2028, with a year-on-year decline of approximately 10.24% between 2024 and 2025, 11.21% between 2025 and 2026, 12.38% between 2026 and 2027, and 13.80% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period highlights an average annual decrease, reflecting a significant drop in import volumes year over year.
Future trends to watch for include:
- Potential shifts in global fluorspar supply dynamics
- Impact of technological innovations in alternative materials
- Changes in UK industrial demand for fluorspar-related applications
- Environmental regulations affecting imports
