The Natural Fluorine Minerals Market in South Korea showed varied year-on-year changes from 2012 to 2022. Starting at $78.288 million in 2012, it experienced a steady increase, peaking in 2019 at $88.614 million. Notable declines occurred in 2015 and particularly in 2020. The average annual growth rate (CAGR) over the past five years has been modest, reflecting market volatility. By 2023, the market stands at approximately $84.532 million, with recent years indicating subdued but positive growth trends.
Future trends to watch include potential recovery post-2020 disruptions, the impact of technological advancements, and sustainability initiatives within the industry that could drive demand. Continued economic fluctuations and regulatory changes will also play a significant role in shaping 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% | |
| 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% | View data |
