The market size value per capita for natural fluorine minerals in Estonia showed a general upward trend with fluctuations between 2013 and 2023. In 2023, the value stood at $1.73. Year-on-year analysis reveals a steady recovery post-2020 with a 2.84% increase in 2022, followed by a marginal 0.58% rise in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 1.58%, indicating gradual growth mainly driven by increased industrial applications and demand for fluorine-based products.
Looking forward, key trends to watch include technological advancements that could enhance extraction efficiency, the sustainability and environmental impact of fluorine mining, and shifts in global regulatory standards which may influence supply and demand dynamics. Developing economies and innovations in end-user industries could also catalyze further market expansion.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 3.32 | 2023 | View data | ||
| 2 | 2 Slovenia | 2.74 | 2023 | View data | ||
| 3 | 3 Portugal | 2.2 | 2023 | View data | ||
| 4 | 4 Poland | 2.1 | 2023 | View data | ||
| 5 | 5 Belgium | 2.03 | 2023 | View data | ||
| 6 | 6 Estonia | 1.73 | 2023 | |||
| 7 | 7 South Korea | 1.67 | 2023 | View data | ||
| 8 | 8 France | 1.23 | 2023 | View data | ||