Market research

Fluorspar market in Mexico

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Between 2018 and 2022, the Mexican fluorspar market volume showed considerable volatility. It grew to 1 012 thousand tonnes in 2019 before contracting sharply to 746 thousand tonnes in 2020. The market then stabilized around 718 thousand tonnes in 2021 and partially recovered to 832 thousand tonnes by the end of the period.

This trajectory was primarily shaped by domestic production trends, which fell from 1 231 thousand tonnes in 2019 to 915 thousand tonnes in 2020 before a modest rebound. Concurrent shifts in export volumes, which peaked at 289 thousand tonnes in 2021, also influenced the amount of material available for domestic consumption each year.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mexico
  1. 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2022, K t
  2. 5.1.2. Annual dynamics of production in Mexico 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, K 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ 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, 2018-2025
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 Mexico

In kind, 2018-2021, K t

On a global scale, Mexico was the world's second-largest producer of fluorspar from 2018 to 2021.

Top producers of fluorspar, 2018-2021

Source: SHEV.io

World map of production of fluorspar, 2018-2021

Source: SHEV.io

In 2021, Mexico produced 1,007 thousand tons of fluorspar, marking a 10.1% increase compared to the previous year. Over the 2018-2021 period, production declined by 14.8%, with a compound annual growth rate of -5.2%. The highest production level was recorded in 2019 at 1,231 thousand tons, while the lowest was in 2020 at 915 thousand tons. The most significant drop occurred in 2020, with a decrease of 25.7%.

Annual dynamics of production in Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.2%	(25.7%)	10.1%	(5.2%)

Source: SHEV.io

Exports fluorspar from Mexico

Exports in kind, K t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2020 at 168.5 thousand tons and peaked in 2021 at 288.9 thousand tons, representing a 1.7-fold difference. In 2021, Mexico's fluorspar export volume stood at 288.9 thousand tons, reflecting a dramatic 71.5% increase from the previous year. The largest decline was recorded in 2020, with a drop of 23.1%.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.1%)	(23.1%)	71.5%	6.6%

Source: SHEV.io

From 2018 to 2021, the United States was the nearly exclusive buyer of fluorspar from Mexico, accounting for 90.7% of total exports in volume terms.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

In 2021, Mexico exported $91.6 million worth of fluorspar, up 19.0% from the previous year. Between 2018 and 2021, exports increased by 24.8%, equating to an annualized growth rate of 7.7%. The highest value was recorded in 2019 at $107.2 million. The largest decline occurred in 2020, with a decrease of 28.1%, while the largest increase was in 2019, with a rise of 46.0%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	46.0%	(28.1%)	19.0%	7.7%

Source: SHEV.io

Throughout 2018-2021, the United States dominated Mexico's fluorspar exports in value terms, holding a 90.9% share of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in value, 2018-2021

Source: SHEV.io

Imports fluorspar to Mexico

Imports in kind, K t

Volatility characterized the market during these years. Imports bottomed out in 2019 at 0.1 thousand tons and peaked in 2018, with a 5.3-fold gap between these years. In 2020, Mexico's imported fluorspar volume reached 0.2 thousand tons, up 236.9% from a year earlier. The largest decline was recorded in 2019, with an 81.1% drop.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(81.1%)	236.9%	n/a	-

Source: SHEV.io

From 2018 to 2021, the United States played a dominant role in Mexico's fluorspar imports in volume terms, consistently accounting for 100.0% of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

The data reveals irregular changes, indicating a volatile market environment. Imports fell to their lowest point in 2019 at $0.0 million and reached a high in 2018, with a 5.9-fold variation. In 2020, Mexico's fluorspar imports amounted to $0.1 million, up 328.5% compared to the previous year. The largest decline occurred in 2019, with an 83.1% decrease.

Annual dynamics of product's imports to Mexico in value, 2018-2021, M $ US