Fluorspar production in Germany exhibited considerable volatility from 2013 to 2023. In 2023, production stood at 60.12 thousand metric tons. There were significant fluctuations, with notable dips in 2014 and 2020, and a peak in 2016. Over the last two years, the year-on-year variations have been relatively modest, with increases of 1.48% in 2022 and 1.43% in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was 1.53%, indicating a stable yet gradual increase over these years.
Looking forward, production is forecasted to reach 64.54 thousand metric tons by 2028, with a forecasted CAGR of 1.12% over the next five years, representing a 5.71% total growth rate. This suggests a continued, albeit slow, upward trend.
Future trends to monitor will include:
- Global demand for fluorspar, especially from industries such as aluminum and steel production.
- Changes in environmental regulations that may impact mining and production practices.
- Technological advancements in extraction and processing efficiency.
- Economic factors and trade policies affecting raw material import and export.
