The Feldspar market in Indonesia has seen significant fluctuations over the past decade. From 2012 to 2014, the market experienced steady growth with gains of 9.94%, 2.81%, and 2.74%, respectively, peaking at a value of 125.76 million USD in 2014. However, a steep decline followed, marked by a -13.79% drop in 2015 and a further slump to 64.966 million USD by 2020, driven by consecutive negative year-on-year variations with the worst, -18.58%, in 2020. A partial recovery in 2021 led to a 16.96% uptick, although it did not sustain, as the market dipped by -2.95% in 2022.
Over the last five years, the compound annual growth rate (CAGR) stood at -3.25%, highlighting the longer-term downturn in the feldspar market. The average annual decline indicates persistent market challenges and a reduction in demand or production capabilities over an extended period.
Future trends to watch for include potential market stabilization or growth opportunities in emerging markets. Sustainability trends and innovations in production could also influence market dynamics. Additionally, policy changes and economic factors will likely play significant roles in shaping the market’s trajectory.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 71,549,000 | 2023 | -2.98% | -3.02% | |
| 2 | 2 Poland | 49,539,000 | 2023 | +0.83% | +1.34% | View data |
| 3 | 3 Vietnam | 43,489,000 | 2023 | +2.24% | +0.37% | View data |
| 4 | 4 France | 41,127,000 | 2023 | +3.85% | +1.6% | View data |
| 5 | 5 Japan | 31,697,000 | 2023 | -0.95% | -0.072% | View data |
