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Report Update Nov 1, 2024

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

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Chile: Talc And Steatite Market 2024

Talc And Steatite Market Size in Chile

The Chilean talc and steatite market rose slightly to $X in 2022, increasing by 3.7% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Talc and steatite consumption peaked in 2022 and is likely to see gradual growth in the near future.

Talc And Steatite Production in Chile

In value terms, talc and steatite production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 19% against the previous year. Talc and steatite production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Talc And Steatite Exports

Exports from Chile

In 2022, exports of talc and steatite from Chile skyrocketed to X tons, growing by 88% compared with the previous year. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2015 when exports increased by 82,496% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, talc and steatite exports soared to $X in 2022. Overall, exports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 4,958% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X tons) was the main destination for talc and steatite exports from Chile, accounting for a 91% share of total exports. Moreover, talc and steatite exports to Peru exceeded the volume sent to the second major destination, Ecuador (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru amounted to +79.2%.

In value terms, Peru ($X) remains the key foreign market for talc and steatite exports from Chile, comprising 95% of total exports. The second position in the ranking was held by Ecuador ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Peru totaled +74.7%.

Export Prices by Country

In 2022, the average talc and steatite export price amounted to $X per ton, picking up by 22% against the previous year. Overall, the export price, however, showed a dramatic decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,031% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Ecuador totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.1%), while the prices for the other major destinations experienced a decline.

Talc And Steatite Imports

Imports into Chile

After two years of growth, purchases abroad of talc and steatite decreased by -13.2% to X tons in 2022. In general, imports showed a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, talc and steatite imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The United States (X tons), Peru (X tons) and Brazil (X tons) were the main suppliers of talc and steatite imports to Chile, with a combined 86% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +48.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of talc and steatite to Chile, comprising 47% of total imports. The second position in the ranking was held by Peru ($X), with a 22% share of total imports. It was followed by Brazil, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-3.2% per year) and Brazil (+54.5% per year).

Import Prices by Country

In 2022, the average talc and steatite import price amounted to $X per ton, jumping by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. 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 Brazil ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of talc and steatite consumption was India, comprising approx. 16% of total volume. Moreover, talc and steatite consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by Brazil, with a 7.3% share.
The countries with the highest volumes of in 2021 were India, China and Brazil, together accounting for 43% 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%.
In value terms, the United States, Peru and Brazil were the largest talc and steatite suppliers to Chile, with a combined 75% share of total imports.
In value terms, Peru remains the key foreign market for talc and steatite exports from Chile, comprising 93% of total exports. The second position in the ranking was occupied by Ecuador, with a 5.7% share of total exports.
In 2021, the average talc and steatite export price amounted to $1,462 per ton, increasing by 11% against the previous year.
In 2021, the average talc and steatite import price amounted to $497 per ton, picking up by 22% against the previous year.

This report provides an in-depth analysis of the talc and steatite market in Chile. 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:

    • Chile

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Chile
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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

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