Report Update Nov 1, 2024

Bulgaria - Talc and Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Talc And Steatite Market 2024

Talc And Steatite Market Size in Bulgaria

The Bulgarian talc and steatite market fell to $X in 2022, dropping by -7.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Talc And Steatite Exports

Exports from Bulgaria

In 2022, overseas shipments of talc and steatite decreased by -50% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 349%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, talc and steatite exports dropped significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a mild expansion. The growth pace was the most rapid in 2013 with an increase of 154%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for talc and steatite exports from Bulgaria, with a 95% share of total exports. Moreover, talc and steatite exports to Romania exceeded the volume sent to the second major destination, Croatia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Romania totaled +1.4%.

In value terms, Romania ($X) remains the key foreign market for talc and steatite exports from Bulgaria, comprising 71% of total exports. The second position in the ranking was held by Croatia ($X), with a 2.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled -8.3%.

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, rising by 15% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 137% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Croatia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+63.6%), while the prices for the other major destinations experienced a decline.

Talc And Steatite Imports

Imports into Bulgaria

In 2022, imports of talc and steatite into Bulgaria reduced to X tons, dropping by -5.5% compared with 2021 figures. Overall, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, talc and steatite imports shrank to $X in 2022. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), India (X tons) and Italy (X tons) were the main suppliers of talc and steatite imports to Bulgaria, together accounting for 61% of total imports. Greece, China, France and Austria lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +35.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite suppliers to Bulgaria were Turkey ($X), India ($X) and Italy ($X), with a combined 49% share of total imports. China, Greece, Austria and France lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, France, with a CAGR of +27.2%, recorded the highest growth rate of 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 talc and steatite import price stood at $X per ton in 2022, shrinking by -4.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 31%. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for talc and steatite in the world?

India constituted the country with the largest volume of talc and steatite consumption, comprising approx. 16% of total volume. Moreover, talc and steatite consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. Brazil ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of talc and steatite in the world?

The countries with the highest volumes of in 2021 were India, China and Brazil, with a combined 43% share of global production. Turkey, the United States, Democratic People's Republic of Korea, France, Pakistan, Finland, Canada, Afghanistan, Italy and Japan lagged somewhat behind, together comprising a further 38%.

What are the leading suppliers of talc and steatite to Bulgaria?

In value terms, the largest talc and steatite suppliers to Bulgaria were Italy, Austria and China, together comprising 46% of total imports. These countries were followed by India, Turkey, France and Greece, which together accounted for a further 40%.

What are the leading importers of talc and steatite from Bulgaria?

In value terms, Romania remains the key foreign market for talc and steatite exports from Bulgaria, comprising 87% of total exports. The second position in the ranking was occupied by Germany, with a 13% share of total exports.

What is the average export price for talc and steatite in Bulgaria?

The average talc and steatite export price stood at $562 per ton in 2021, declining by -21.3% against the previous year.

What is the average import price for talc and steatite in Bulgaria?

The average talc and steatite import price stood at $679 per ton in 2021, surging by 30% against the previous year.

This report provides an in-depth analysis of the talc and steatite market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023