In 2023, Germany imported approximately 13.9 million kilograms of fluorspar containing less than 97% calcium fluoride. The forecast for 2024 projects a decline to 11.482 million kilograms, marking a reduction of approximately 17.23% compared to 2023. Further reductions are anticipated annually: a decrease of 20.84% in 2025, 25.79% in 2026, 34.04% in 2027, and 50.44% in 2028. The compound annual growth rate (CAGR) for 2024 to 2028 indicates a significant negative trend of around 26.93%.
Future trends to watch for include:
- Potential changes in environmental regulations affecting demand for lower quality fluorspar.
- Technological advancements that could reduce the need for this specific grade of fluorspar.
- Shifts in global supply chains and raw material sourcing strategies.