Fluorite Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Fluorite in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Fluorite Price Trend for the First Half of 2023

Asia

The first quarter of 2023 witnessed the struggle of the Asia-Pacific fluorite market. The market dwindled to maintain the balance between the surge in supply rates as production units increased their capacities after the lockdown while the demand fell.

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This rise in production, thus, only led to the incline in the level of inventories, hurting the sentiments of the fluorite market. The first half of the second quarter showed some improvement in the dynamics as the prices began to grow, but this was short-lived. Soon, the declining cost of energy and weak performance of the construction sector pushed the price trend of fluorite in a negative direction.

MEA

The market for fluorite fluctuated throughout the first quarter of 2023. Initially, the demand from the downstream industries supported the rise in the prices along with the revival of the construction sector. There was also positive movement in the functioning of the supply chains during this phase. But since the second half of the first quarter, the prices of fluorite in MEA declined gradually.

In the second quarter, the traders had to offer several cuts in the profit margins, and also, due to the economic turmoil, the production activities in the region took a toll, negatively impacting the overall market sentiments of fluorite and, in turn, its prices.

North America

The volatility in the energy production costs and few inquiries from the construction industries, along with strict monetary policies adopted by the government, hampered the growth of the fluorite price trend in the first quarter. The second quarter, however, saw some stability from the hydrofluoric acid industries, but the unregulated mining activities, reduced number of offtakes, and persistently falling market dynamics proved to be a huge obstacle in the growth of fluorite price trend.

Analyst Insight

According to Procurement Resource, the price trend of Fluorite is estimated to decline due to plunging demand from the construction and other downstream sectors.

Procurement Resource provides latest prices of Fluorite. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.