Israel: Talcum Powder Market 2024

Talcum Powder Market Size in Israel

The Israeli talcum powder market surged to $X in 2021, growing by 56% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a deep downturn. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Talcum Powder Exports

Exports from Israel

Talcum powder exports from Israel skyrocketed to X tons in 2021, rising by 64% against the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 122%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, talcum powder exports surged to $X in 2021. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 129% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for talcum powder exports from Israel, with a 72% share of total exports. Moreover, talcum powder exports to Hong Kong SAR exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR stood at +150.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+49.8% per year) and the United States (+15.2% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for talcum powder exports from Israel, comprising 72% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.9% share of total exports. It was followed by the United States, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +108.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+62.8% per year) and the United States (+61.3% per year).

Export Prices by Country

In 2021, the average talcum powder export price amounted to $X per ton, surging by 4.2% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, talcum powder export price increased by +82.3% against 2012 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to the UK ($X per ton) and Croatia ($X per ton), while the average price for exports to Chile ($X per ton) and Palestine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Israel

After three years of decline, overseas purchases of talcum powder and other powders for cosmetic use increased by 63% to X tons in 2021. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, talcum powder imports surged to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of talcum powder imports to Israel, with a combined 56% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +190,381.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and Canada ($X) appeared to be the largest talcum powder suppliers to Israel, together accounting for 56% of total imports. Thailand, France, Switzerland, Poland, Taiwan (Chinese), Belgium, Turkey, Hong Kong SAR, the United Arab Emirates and the Philippines lagged somewhat behind, together accounting for a further 39%.

The United Arab Emirates, with a CAGR of +12,277.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, talcum powder import price decreased by -9.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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