Eastern Europe: Talcum Powder Market 2024

Talcum Powder Market Size in Eastern Europe

The East European talcum powder market rose rapidly to $X in 2021, with an increase of 8.5% against the previous year. The total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.3% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Talcum Powder Production in Eastern Europe

In value terms, talcum powder production skyrocketed to $X in 2021 estimated in export price. In general, production showed a notable expansion. The growth pace was the most rapid in 2017 with an increase of 101% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Talcum Powder Exports

Exports in Eastern Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of talcum powder and other powders for cosmetic use, when their volume increased by 6.8% to X tons. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, talcum powder exports reached $X in 2021. Total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +2.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Poland (X tons) represented the main exporter of talcum powder and other powders for cosmetic use, committing 57% of total exports. The Czech Republic (X tons) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (8%). The following exporters - Hungary (X tons), Russia (X tons), Lithuania (X tons) and Belarus (X tons) - each reached a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to talcum powder exports from Poland stood at -5.9%. At the same time, Ukraine (+43.0%), the Czech Republic (+35.5%), Russia (+22.0%), Belarus (+20.4%), Hungary (+7.7%) and Lithuania (+4.3%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +43.0% from 2012-2021. While the share of the Czech Republic (+19 p.p.), Ukraine (+7.7 p.p.), Russia (+2.6 p.p.), Belarus (+2.1 p.p.) and Hungary (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Poland (-33.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), the Czech Republic ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 85% of total exports.

The Czech Republic, with a CAGR of +42.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, stabilizing at the previous year. Export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, talcum powder export price increased by +73.7% against 2013 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by 16%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of origin: the country with the highest price was Lithuania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.2%), while the other leaders experienced more modest paces of growth.

Talcum Powder Imports

Imports in Eastern Europe

In 2021, purchases abroad of talcum powder and other powders for cosmetic use decreased by -6.4% to X tons, falling for the third year in a row after two years of growth. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 31%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, talcum powder imports stood at $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.1% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 30% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Poland was the largest importing country with an import of about X tons, which accounted for 44% of total imports. Russia (X tons) ranks second in terms of the total imports with an 18% share, followed by the Czech Republic (14%), Ukraine (6.3%) and Hungary (6.2%). Slovakia (X tons) and Romania (X tons) took a relatively small share of total imports.

Imports into Poland decreased at an average annual rate of -1.2% from 2012 to 2021. At the same time, the Czech Republic (+20.6%), Hungary (+8.2%), Ukraine (+6.1%), Slovakia (+4.9%) and Romania (+3.5%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +20.6% from 2012-2021. By contrast, Russia (-2.8%) illustrated a downward trend over the same period. The Czech Republic (+11 p.p.), Hungary (+2.8 p.p.) and Ukraine (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Russia and Poland saw its share reduced by -7.7% and -10.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest talcum powder importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined 75% share of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of +25.0%, recorded the highest rates of growth with regard to 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 import price in Eastern Europe stood at $X per ton in 2021, with an increase of 7.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 when the import price increased by 12%. The level of import peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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