Fluorspar Market Overview in Denmark
Market Overview
The Danish fluorspar market fell rapidly to $
in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a deep slump. The pace of growth was the most pronounced in 2012 when the market value increased by % against the previous year. Fluorspar consumption peaked at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.
in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a deep slump. The pace of growth was the most pronounced in 2012 when the market value increased by % against the previous year. Fluorspar consumption peaked at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.Consumption
In 2019, consumption of fluorspar decreased by -% to tonnes, falling for the seventh consecutive year after two years of growth. Over the period under review, consumption recorded a deep downturn. The pace of growth appeared the most rapid in 2012 with an increase of % y-o-y. Over the period under review, consumption reached the peak volume at tonnes in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.
The size of the fluorspar market in Denmark declined rapidly to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2012 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.
% to tonnes, falling for the seventh consecutive year after two years of growth. Over the period under review, consumption recorded a deep downturn. The pace of growth appeared the most rapid in 2012 with an increase of % y-o-y. Over the period under review, consumption reached the peak volume at tonnes in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.The size of the fluorspar market in Denmark declined rapidly to $
in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2012 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for fluorspar in Denmark, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Trade Balance
Denmark remains a net importer of fluorspar; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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