Benelux: Talc And Steatite Market 2024

Talc And Steatite Market Size in Benelux

In 2022, the Benelux talc and steatite market increased by 39% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Talc And Steatite Production in Benelux

In value terms, talc and steatite production fell markedly to $X in 2022 estimated in export price. In general, production, however, saw a mild increase. The pace of growth was the most pronounced in 2019 with an increase of 284% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Talc And Steatite Exports

Exports in Benelux

In 2022, the amount of talc and steatite exported in Benelux dropped sharply to X tons, falling by -35.6% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, talc and steatite exports shrank sharply to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +5.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

The Netherlands represented the key exporter of talc and steatite in Benelux, with the volume of exports finishing at X tons, which was near 64% of total exports in 2022. It was distantly followed by Belgium (X tons), comprising a 36% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +0.9%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, the Netherlands, with a CAGR of +3.6%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%).

Talc And Steatite Imports

Imports in Benelux

After two years of growth, purchases abroad of talc and steatite decreased by -23.9% to X tons in 2022. In general, imports showed a mild descent. The growth pace was the most rapid in 2016 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, talc and steatite imports fell remarkably to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined dramatically in the following year.

Imports by Country

The Netherlands represented the largest importer of talc and steatite in Benelux, with the volume of imports resulting at X tons, which was near 77% of total imports in 2022. It was distantly followed by Belgium (X tons), generating a 23% share of total imports.

The Netherlands was also the fastest-growing in terms of the talc and steatite imports, with a CAGR of +2.4% from 2012 to 2022. Belgium (-8.4%) illustrated a downward trend over the same period. The Netherlands (+25 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -24.6% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported talc and steatite in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 30% share of total imports.

In the Netherlands, talc and steatite imports expanded at an average annual rate of +3.7% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2020 an increase of 14%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%).

Source: IndexBox Platform