Germany: Talc And Steatite Market 2024

Talc And Steatite Market Size in Germany

For the third year in a row, the German talc and steatite market recorded growth in sales value, which increased by 2% to $X in 2022. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 8.4% against the previous year. Talc and steatite consumption peaked in 2022 and is expected to retain growth in the immediate term.

Talc And Steatite Production in Germany

In value terms, talc and steatite production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 658% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Talc And Steatite Exports

Exports from Germany

In 2022, shipments abroad of talc and steatite increased by 1.9% to X tons, rising for the second year in a row after three years of decline. In general, exports posted noticeable growth. The growth pace was the most rapid in 2015 when exports increased by 138%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, talc and steatite exports rose significantly to $X in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 38% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons), Italy (X tons) and Poland (X tons) were the main destinations of talc and steatite exports from Germany, together accounting for 41% of total exports. France, Spain, Austria, Brazil, China, the Czech Republic, Portugal, Switzerland, Sweden and Belgium lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +36.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for talc and steatite exported from Germany were France ($X), Italy ($X) and Poland ($X), with a combined 37% share of total exports. Slovenia, Austria, Spain, Switzerland, Brazil, China, the Czech Republic, Portugal, Sweden and Belgium lagged somewhat behind, together comprising a further 40%.

In terms of the main countries of destination, Portugal, with a CAGR of +34.2%, 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, rising by 8.5% against the previous year. In general, the export price enjoyed a slight increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Slovenia ($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 France (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Germany

Talc and steatite imports into Germany declined to X tons in 2022, reducing by -6.4% against 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 5.1% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, talc and steatite imports fell to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Austria (X tons), France (X tons) and Italy (X tons) were the main suppliers of talc and steatite imports to Germany, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +2.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Austria ($X) and the Netherlands ($X) were the largest talc and steatite suppliers to Germany, together comprising 68% of total imports.

Austria, with a CAGR of +2.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average talc and steatite import price amounted to $X per ton, surging by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :