Japan: Talc And Steatite Market 2024

Talc And Steatite Market Size in Japan

The Japanese talc and steatite market contracted to $X in 2022, waning by -8.4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Talc And Steatite Production in Japan

In value terms, talc and steatite production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Talc And Steatite Exports

Exports from Japan

Talc and steatite exports from Japan contracted slightly to X tons in 2022, waning by -1.7% against 2021. Overall, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by 17%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, talc and steatite exports declined modestly to $X in 2022. In general, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 20% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of talc and steatite exports from Japan, together comprising 47% of total exports. South Korea, Hong Kong SAR, the United States, Vietnam, Singapore and Indonesia lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +0.6%), while shipments for the other leaders experienced a decline.

In value terms, China ($X), Taiwan (Chinese) ($X) and Thailand ($X) appeared to be the largest markets for talc and steatite exported from Japan worldwide, together accounting for 48% of total exports.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of -1.3%, 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 a decline.

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 19% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Vietnam ($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 Taiwan (Chinese) (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Japan

In 2022, the amount of talc and steatite imported into Japan shrank to X tons, with a decrease of -4% against 2021. In general, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, talc and steatite imports shrank slightly to $X in 2022. Overall, imports recorded a slight reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of talc and steatite to Japan, with a 54% share of total imports. Moreover, talc and steatite imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was taken by Pakistan (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+2.6% per year) and Pakistan (+13.8% per year).

In value terms, China ($X) constituted the largest supplier of talc and steatite to Japan, comprising 66% of total imports. The second position in the ranking was taken by Australia ($X), with an 8.3% share of total imports. It was followed by Pakistan, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+0.1% per year) and Pakistan (+15.2% per year).

Import Prices by Country

In 2022, the average talc and steatite import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 8.4%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia ($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 United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :