In 2023, the import of fluorspar containing more than 97% calcium fluoride to China stood at a certain baseline value. Forecast data indicates a steady increase in imports from 2024 to 2028, with yearly growth rates as follows: a 5.14% increase from 2024 to 2025, a 4.78% rise from 2025 to 2026, a 4.48% growth from 2026 to 2027, and a 4.21% increase from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is projected to be around 4.65%.
Future trends to watch:
- Global demand for fluorspar in various industries, particularly in steelmaking and refrigerants, which could impact Chinese imports.
- Changes in China's domestic production capabilities and policies affecting import reliance.
- Volatility in international trade agreements and pricing affecting supply chain consistency.