Europe: Talc And Steatite Market 2024

Talc And Steatite Market Size in Europe

The Europe talc and steatite market declined to $X in 2022, waning by -4.9% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank modestly in the following year.

Talc And Steatite Production in Europe

In value terms, talc and steatite production declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Talc And Steatite Exports

Exports in Europe

Talc and steatite exports declined to X tons in 2022, which is down by -11.3% against the previous year. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. 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 shrank in the following year.

In value terms, talc and steatite exports fell to $X in 2022. The total export value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports reached the peak of $X, and then declined 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 comprising 92% of total exports. The following exporters - Slovakia (X tons) and Spain (X tons) - each amounted to a 5.7% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +52.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite supplying countries in Europe were France ($X), the Netherlands ($X) and Italy ($X), together accounting for 62% of total exports. Austria, Belgium, Spain and Slovakia lagged somewhat behind, together comprising a further 33%.

Slovakia, with a CAGR of +37.0%, recorded 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 Europe stood at $X per ton in 2022, with an increase of 6.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 11% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Europe

Talc and steatite imports shrank to X tons in 2022, with a decrease of -10.7% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, talc and steatite imports declined to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons) and the Netherlands (X tons) represented the key importers of talc and steatite in Europe, together generating 42% of total imports. Italy (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Spain (9.7%), Austria (7.4%) and Belgium (5.6%). The UK (X tons), Poland (X tons), France (X tons), Sweden (X tons), the Czech Republic (X tons) and Russia (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +7.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite importing markets in Europe were Germany ($X), the Netherlands ($X) and Italy ($X), together accounting for 49% of total imports. Spain, Belgium, Austria, the UK, France, Poland, Sweden, Russia and the Czech Republic lagged somewhat behind, together comprising a further 42%.

Russia, with a CAGR of +10.0%, saw the highest rates of growth with regard to 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 Europe stood at $X per ton in 2022, rising by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the import price increased by 9.4% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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