Australia: Talcum Powder Market 2024

Talcum Powder Market Size in Australia

The Australian talcum powder market expanded rapidly to $X in 2021, growing by 14% against the previous year. Overall, consumption showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Talcum Powder Production in Australia

In value terms, talcum powder production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 31%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Talcum Powder Exports

Exports from Australia

Talcum powder exports from Australia reduced rapidly to X tons in 2021, with a decrease of -32.4% on 2020 figures. In general, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by 134%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, talcum powder exports soared to $X in 2021. Overall, exports, however, showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for talcum powder exports from Australia, with a 79% share of total exports. Moreover, talcum powder exports to New Zealand exceeded the volume sent to the second major destination, South Africa (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+35.8% per year) and the UK (+33.3% per year).

In value terms, New Zealand ($X) remains the key foreign market for talcum powder exports from Australia, comprising 84% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 4.3% share of total exports. It was followed by the United States, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at +30.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+82.9% per year) and the United States (-4.9% per year).

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, jumping by 299% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Australia

In 2021, supplies from abroad of talcum powder and other powders for cosmetic use decreased by -19.7% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 125%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, talcum powder imports soared to $X in 2021. Overall, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.3% against 2017 indices. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and China (X tons) were the main suppliers of talcum powder imports to Australia, together accounting for 70% of total imports. These countries were followed by Thailand, France, Canada, the UK, Indonesia and Malaysia, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of -6.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest talcum powder suppliers to Australia were the United States ($X), Italy ($X) and China ($X), with a combined 69% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +13.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, surging by 45% against the previous year. Over the period under review, the import price posted a significant increase. The pace of growth was the most pronounced in 2018 an increase of 449% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Malaysia ($X per ton) and Italy ($X per ton), while the price for the United States ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+55.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :