Belgium: Talcum Powder Market 2024

Talcum Powder Market Size in Belgium

The Belgian talcum powder market skyrocketed to $X in 2021, rising by 73% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Talcum powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Talcum Powder Production in Belgium

In value terms, talcum powder production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 19% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Talcum Powder Exports

Exports from Belgium

In 2021, overseas shipments of talcum powder and other powders for cosmetic use decreased by -0.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 39% against the previous year. The exports peaked at X tons in 2020, and then contracted in the following year.

In value terms, talcum powder exports dropped notably to $X in 2021. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 50%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for talcum powder exports from Belgium, accounting for a 41% share of total exports. Moreover, talcum powder exports to the Czech Republic exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +80.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.6% per year) and Germany (+5.6% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for talcum powder exports from Belgium, comprising 40% of total exports. The second position in the ranking was held by France ($X), with a 9.2% share of total exports. It was followed by China, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic totaled +73.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.7% per year) and China (+27.2% per year).

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, dropping by -21.4% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2016 an increase of 9.7%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($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 Spain (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Belgium

In 2021, supplies from abroad of talcum powder and other powders for cosmetic use increased by 54% to X tons, rising for the third year in a row after two years of decline. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 59% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, talcum powder imports fell to $X in 2021. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2019 when imports increased by 99%. Imports peaked at $X in 2020, and then contracted in the following year.

Imports by Country

Italy (X tons), France (X tons) and China (X tons) were the main suppliers of talcum powder imports to Belgium, with a combined 69% share of total imports. The Czech Republic, the Netherlands, Taiwan (Chinese), Spain, the United States, Germany and the UK lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +233.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of talcum powder to Belgium, comprising 40% of total imports. The second position in the ranking was held by France ($X), with a 16% share of total imports. It was followed by the Czech Republic, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.3% per year) and the Czech Republic (+274.8% per year).

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, waning by -44% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2019 an increase of 25%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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