Market research

Fluorspar market in India

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

India's fluorspar market volume held steady near 244 thousand tonnes in 2018 and 2019, relying heavily on imports to meet demand from chemical, cement, and steel industries amid limited domestic production.

The market contracted to 198.8 thousand tonnes in 2020 as the COVID-19 pandemic disrupted global supply chains and demand, then rebounded to 280.5 thousand tonnes by 2022 driven by worldwide investments in fluorspar mining and processing capacity that improved supply availability.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2022
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in India
  1. 5.1.1. Annual dynamics of production in India in kind, 2018-2022, t
  2. 5.1.2. Annual dynamics of production in India in value, 2018-2022, $ US
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to India in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to India by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to India in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to India by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to India in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to India by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to India in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to India by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from India in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from India by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from India in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from India by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from India in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from India by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from India in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from India by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fluorspar in India

In kind, 2017-2020, t

Top producers of fluorspar, 2017-2020

Source: SHEV.io

World map of production of fluorspar, 2017-2020

Source: SHEV.io

India produced 1 052 tons of fluorspar in 2020, marking a 20.0% decrease from the previous year. Over the period from 2017 to 2020, production fell by 19.9%, which translates to an average annual decline of 7.1%. The highest production level was recorded in 2019 at 1 315 tons, with the largest year-over-year increase of 21.9% also occurring that year.

Annual dynamics of production in India in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.9%)	21.9%	(20.0%)	(7.1%)

Source: SHEV.io

In value, 2017-2020, K $ US

Fluorspar production in India grew for the second year in a row. In 2020, the output was valued at 683.0 thousand US dollars, showing little change compared to 2019. The lowest value was in 2018 at 603.4 thousand US dollars, which saw the largest decline of 10.9%. In contrast, 2019 experienced the biggest increase of 12.7%.

Annual dynamics of production in India in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.9%)	12.7%	0.5%	0.3%

Source: SHEV.io

Exports fluorspar from India

Exports in kind, K t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2019, with a 3.5-fold difference between these years. In 2020, India exported 0.6 thousand tons of fluorspar, a 53.0% drop from the previous year. The highest export volume was in 2019 at 1.3 thousand tons, which also saw the largest increase of 117.5%.

Annual dynamics of product's exports from India in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	61.1%	117.5%	(53.0%)	18.1%

Source: SHEV.io

From 2017 to 2020, Indonesia, China, and Bangladesh were consistently the top destinations for India's fluorspar exports by volume. Indonesia accounted for 27.6% of exports, China for 17.4%, and Bangladesh for 10.8%, together making up 55.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from India in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Market behavior was volatile during these years. Export values varied 3.5 times from the low in 2017 to the high in 2019. In 2020, India exported fluorspar worth 0.4 million US dollars, a sharp decline of 40.9% year-over-year. The peak value was recorded in 2019 at 0.7 million US dollars, which also saw the largest increase of 101.1%.

Annual dynamics of product's exports from India in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	74.9%	101.1%	(40.9%)	27.6%

Source: SHEV.io

Over the 2017–2020 period, Indonesia, China, and Brazil emerged as the primary markets for India's fluorspar exports by value. Indonesia represented 36.3% of export value, China 9.1%, and Brazil 8.9%, collectively accounting for 54.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from India in value, 2017-2020

Source: SHEV.io

Imports fluorspar to India

Imports in kind, K t

India's fluorspar import volume declined for the second consecutive year. In 2020, imports totaled 198.3 thousand tons, a significant drop of 18.5% compared to 2019. From 2017 to 2020, imports decreased by 5.6%, averaging an annual decline of 1.9%. The highest import volume was in 2018 at 243.8 thousand tons, which also saw the largest increase of 16.1%.

Annual dynamics of product's imports to India in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.1%	(0.2%)	(18.5%)	(1.9%)

Source: SHEV.io

Between 2017 and 2020, South Africa, China, and Thailand were the main sources for India's fluorspar imports by volume. South Africa contributed 37.1% of imports, China 33.1%, and Thailand 16.1%, together representing 86.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to India in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

After two years of growth, fluorspar imports into India declined. In 2020, imports amounted to 77.9 million US dollars, a sharp decrease of 27.4% from the previous year. Over the 2017–2020 period, imports increased by 43.1%, averaging an annual growth rate of 12.7%. The peak value was in 2019 at 107.3 million US dollars, while the largest increase occurred in 2018 at 64.0%.

Annual dynamics of product's imports to India in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	64.0%	20.1%	(27.4%)	12.7%

Source: SHEV.io

From 2017 to 2020, South Africa, China, and Thailand stood out as the key markets for India's fluorspar imports by value. South Africa accounted for 36.0% of import value, China for 34.6%, and Thailand for 16.4%, collectively making up 87.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to India in value, 2017-2020

Source: SHEV.io