Denmark: Talc And Steatite Market 2024

Talc And Steatite Market Size in Denmark

For the fifth consecutive year, the Danish talc and steatite market recorded growth in sales value, which increased by 26% to $X in 2022. The market value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Talc And Steatite Exports

Exports from Denmark

In 2022, overseas shipments of talc and steatite increased by 56% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 151%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, talc and steatite exports skyrocketed to $X in 2022. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 176% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Norway (X tons) and Poland (X tons) were the main destinations of talc and steatite exports from Denmark, with a combined 85% share of total exports. Iceland, Switzerland, Sweden and Finland lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +74.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Norway ($X) and Iceland ($X) constituted the largest markets for talc and steatite exported from Denmark worldwide, with a combined 85% share of total exports. Sweden, Switzerland, Poland and Finland lagged somewhat behind, together comprising a further 8.1%.

In terms of the main countries of destination, Switzerland, with a CAGR of +73.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average talc and steatite export price amounted to $X per ton, picking up by 18% against the previous year. In general, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 65% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Finland ($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 Norway (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Denmark

In 2022, approx. X tons of talc and steatite were imported into Denmark; picking up by 8.3% against 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, talc and steatite imports surged to $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +68.0% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of talc and steatite to Denmark, with a 61% share of total imports. Moreover, talc and steatite imports from Finland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. The third position in this ranking was held by France (X tons), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume from Finland totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+48.1% per year) and France (+25.8% per year).

In value terms, Finland ($X), Sweden ($X) and Italy ($X) constituted the largest talc and steatite suppliers to Denmark, with a combined 78% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +46.8%, 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, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price reached 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 Germany ($X per ton), while the price for Finland ($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 (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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