The import value of fluorspar containing less than 97% calcium fluoride to India increased steadily from the actual 2023 levels. Forecasts for 2024 to 2028 show an upward trend, starting at $18.131 million in 2024 and reaching $21.093 million by 2028. The year-on-year growth signified between 2024 and 2025 shows a 4.21% increase, with the subsequent years also reflecting a steady rise. The projected CAGR over the five-year span from 2024 to 2028 is approximately 3.78%, indicating moderate growth in demand.
Future trends to watch for include potential fluctuations in global supply chains, pricing dynamics of fluorspar in international markets, and technological advancements in industries utilizing fluorspar. Monitoring regulatory shifts and environmental concerns could also impact future import trends.
