Canada: Steatite Market 2021

Steatite Market Size in Canada

The Canadian steatite market stood at $X in 2018, leveling off at the previous year. Over the period under review, consumption saw a precipitous shrinkage. Over the period under review, the market hit record highs at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Steatite Production in Canada

In value terms, steatite production declined notably to $X in 2019 estimated in export prices. In general, production showed a tangible increase. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Steatite production peaked at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

Steatite Exports

Exports from Canada

In 2019, shipments abroad of steatites decreased by -X% to X tons, falling for the third consecutive year after five years of growth. Overall, total exports indicated slight growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, steatite exports contracted slightly to $X in 2019. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons), Germany (X tons) and China (X tons) were the main destinations of steatite exports from Canada, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in China (+X% per year), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) remains the key foreign market for steatite exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and China (+X% per year).

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite export price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Steatite Imports

Imports into Canada

In 2019, after two years of growth, there was decline in supplies from abroad of steatites, when their volume decreased by -X% to X tons. Over the period under review, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2019, the growth imports failed to regain the momentum.

In value terms, steatite imports reduced to $X in 2019. Overall, imports saw a slight reduction. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tons) was the main supplier of steatite to Canada, accounting for a X% share of total imports. It was followed by Spain (X tons), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of steatite to Canada, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from the U.S. totaled -X%.

Import Prices by Country

The average steatite import price stood at $X per ton in 2019, waning by -X% against the previous year. Over the period under review, import price indicated a tangible increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2016 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2017 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per ton), while the price for Spain totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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