In 2023, China's import of fluorspar containing less than 97% calcium fluoride was at a significant level, marking the baseline for forecasts. Moving into 2024, this value is expected to grow, with projections indicating a steady year-on-year increase through 2028. The compound annual growth rate (CAGR) over the five-year forecast stands at a positive percentage, reflecting consistent upward momentum in demand.
Future trends to watch include advancements in industrial applications and potential shifts in global trade dynamics, particularly with suppliers and international market regulations impacting supply chains. These factors could influence both the volume and value of fluorspar imports into China.
