Between 2012 and 2022, Egypt’s natural fluorine minerals market exhibited fluctuating trends. The market experienced a general downward trajectory from 2012 to 2015, followed by periods of modest growth and significant declines, particularly in 2020 due to external factors likely including the COVID-19 pandemic. Recovery was observed in 2021 and furthered steadily into 2022.
Year-on-year, dramatic changes included a substantial dip by 17.22% in 2020, followed by a robust recovery of 21.43% in 2021. Recent data from 2022 shows a stabilization with a 0.77% increase. The five-year CAGR (2017-2022) stands at 1.59%, indicating cautious but positive growth.
Future trends to watch for include developments in global supply chains, advances in mining technologies, and policy changes affecting the mineral extraction industry. Sustainable practices and the increasing demand for fluorine in various industrial applications could further influence market dynamics.
# | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Canada | 119,220,000 | 2023 | -5.32% | -3.21% | View data |
2 | 2 South Korea | 88,979,000 | 2023 | +1.16% | +0.75% | View data |
3 | 3 France | 85,794,000 | 2023 | +0.51% | -0.55% | View data |
4 | 4 Poland | 79,435,000 | 2023 | -1.24% | -0.94% | View data |
5 | 5 Egypt | 56,527,000 | 2023 | +0.75% | +1.06% | |
6 | 6 United Kingdom | 36,998,000 | 2023 | -0.37% | +0.96% | View data |
7 | 7 Belgium | 29,440,000 | 2023 | +3.91% | +4.94% | View data |