EU: Talc And Steatite Market 2024

Talc And Steatite Market Size in the EU

The EU talc and steatite market declined to $X in 2022, waning by -5.8% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell in the following year.

Talc And Steatite Production in the EU

In value terms, talc and steatite production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Talc And Steatite Exports

Exports in the EU

In 2022, approx. X tons of talc and steatite were exported in the European Union; waning by -11.3% against 2021 figures. The total export volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, talc and steatite exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, France (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), Austria (X tons) and Belgium (X tons) represented the largest exporters of talc and steatite, together mixing up 92% of total exports. The following exporters - Slovakia (X tons) and Spain (X tons) - each recorded a 5.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of +52.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite supplying countries in the European Union were France ($X), the Netherlands ($X) and Italy ($X), together accounting for 63% of total exports. Austria, Belgium, Spain and Slovakia lagged somewhat behind, together comprising a further 34%.

In terms of the main exporting countries, Slovakia, with a CAGR of +37.0%, saw 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

The export price in the European Union stood at $X per ton in 2022, increasing by 6.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the other leaders experienced more modest paces of growth.

Talc And Steatite Imports

Imports in the EU

Talc and steatite imports dropped to X tons in 2022, which is down by -12.3% on 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, talc and steatite imports dropped to $X in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Germany (X tons) and the Netherlands (X tons) represented the largest importers of talc and steatite in 2022, amounting to approx. 25% and 20% of total imports, respectively. It was distantly followed by Italy (X tons), Spain (X tons), Austria (X tons) and Belgium (X tons), together committing a 37% share of total imports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +5.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2022, with a combined 54% share of total imports. Spain, Belgium, Austria and Poland lagged somewhat behind, together accounting for a further 28%.

Spain, with a CAGR of +7.8%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 the European Union stood at $X per ton in 2022, rising by 7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the import price increased by 9.6%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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