Canada: Talcum Powder Market 2024

Talcum Powder Market Size in Canada

The Canadian talcum powder market surged to $X in 2021, increasing by 41% against the previous year. Overall, consumption continues to indicate a noticeable increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Talcum Powder Production in Canada

In value terms, talcum powder production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Talcum Powder Exports

Exports from Canada

In 2021, approx. X tons of talcum powder and other powders for cosmetic use were exported from Canada; with a decrease of -15.2% on 2020 figures. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2014 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, talcum powder exports surged to $X in 2021. Overall, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 37% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for talcum powder exports from Canada, accounting for a 57% share of total exports. Moreover, talcum powder exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-7.1% per year) and the UK (-7.2% per year).

In value terms, the United States ($X) remains the key foreign market for talcum powder exports from Canada, comprising 57% of total exports. The second position in the ranking was held by Belgium ($X), with a 14% share of total exports. It was followed by the UK, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.1% per year) and the UK (-0.3% per year).

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, surging by 36% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Canada

For the fifth year in a row, Canada recorded decline in supplies from abroad of talcum powder and other powders for cosmetic use, which decreased by -3.2% to X tons in 2021. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 44%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, talcum powder imports reached $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 34%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of talcum powder to Canada, accounting for a 66% share of total imports. Moreover, talcum powder imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. China (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.3% per year) and China (-1.8% per year).

In value terms, the United States ($X) constituted the largest supplier of talcum powder to Canada, comprising 66% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by China, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.0% per year) and China (+1.6% per year).

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, surging by 6.3% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, talcum powder import price decreased by -8.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Italy ($X per ton) and China ($X per ton), while the price for France ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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