The Natural Fluorine Minerals market in Portugal has exhibited fluctuating trends from 2013 to 2023. The market size peaked at 28.442 million USD in 2013 and experienced a notable decline in 2014 by 5.31%. The value continued to decline until 2017, hitting a low of 21.944 million USD. Starting 2018, the market showed subtle improvement, peaking again in 2019 and 2020, with values of 23.694 and 24.569 million USD respectively. However, the last three years have seen a downturn, bringing the value to 22.143 million USD in 2023.
Year-on-Year Variation Highlights:
- 2022-2023: -1.53%
- 2021-2022: -1.53%
Compound Annual Growth Rate (CAGR) Analysis:
- Last Five Years: -0.6%
Future trends to watch for include potential geopolitical influences on mineral markets, advancements in mining technology, and changes in global demand for fluorine-based products. Environmental considerations and regulatory changes may also significantly impact market dynamics.
How does Portugal rank in Natural Fluorine Minerals Market Size Value?
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 119,220,000 | 2023 | -5.32% | -3.21% | View data |
| 2 | 2 South Korea | 88,979,000 | 2023 | +1.16% | +0.75% | View data |
| 3 | 3 France | 85,794,000 | 2023 | +0.51% | -0.55% | View data |
| 4 | 4 Poland | 79,435,000 | 2023 | -1.24% | -0.94% | View data |
| 5 | 5 Egypt | 56,527,000 | 2023 | +0.75% | +1.06% | View data |
| 6 | 6 United Kingdom | 36,998,000 | 2023 | -0.37% | +0.96% | View data |
| 7 | 7 Belgium | 29,440,000 | 2023 | +3.91% | +4.94% | View data |
| 8 | 8 Portugal | 22,143,000 | 2023 | -1.53% | -0.6% | |
| 9 | 9 Romania | 12,638,000 | 2023 | -1.59% | -1.04% | View data |
| 10 | 10 Greece | 9,354,500 | 2023 | +6.14% | +7.06% | View data |
