Brazil: Talc And Steatite Market 2024

Talc And Steatite Market Size in Brazil

The Brazilian talc and steatite market shrank to $X in 2022, falling by -1.7% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Talc And Steatite Production in Brazil

In value terms, talc and steatite production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Talc And Steatite Exports

Exports from Brazil

In 2022, overseas shipments of talc and steatite increased by 5.7% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +82.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 71%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, talc and steatite exports amounted to $X in 2022. In general, total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +75.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X tons), Argentina (X tons) and the United States (X tons) were the main destinations of talc and steatite exports from Brazil, with a combined 71% share of total exports. Uruguay, Chile, Paraguay, Colombia, Peru and Mexico lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Italy ($X) and the United States ($X) appeared to be the largest markets for talc and steatite exported from Brazil worldwide, together accounting for 57% of total exports. Uruguay, Chile, Colombia, Peru, Paraguay and Mexico lagged somewhat behind, together accounting for a further 27%.

Chile, with a CAGR of +53.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, reducing by -4.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Brazil

In 2022, purchases abroad of talc and steatite increased by 3.7% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a temperate increase. The growth pace was the most rapid in 2017 when imports increased by 79% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, talc and steatite imports surged to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of talc and steatite imports to Brazil, together comprising 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +71.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite suppliers to Brazil were the United States ($X), the Netherlands ($X) and Austria ($X), together comprising 72% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +51.5%, 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

In 2022, the average talc and steatite import price amounted to $X per ton, with an increase of 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :