Report Update Nov 1, 2024

Kenya - Talc and Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Talc And Steatite Market 2024

Talc And Steatite Market Size in Kenya

The Kenyan talc and steatite market fell notably to $X in 2022, which is down by -15.3% 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). In general, consumption saw a perceptible descent. Talc and steatite consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Talc And Steatite Exports

Exports from Kenya

In 2022, overseas shipments of talc and steatite decreased by -3.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of 266% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, talc and steatite exports totaled $X in 2022. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 326%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Ethiopia (X tons), Uganda (X tons) and Mozambique (X tons) were the main destinations of talc and steatite exports from Kenya, together accounting for 82% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia (with a CAGR of +73.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for talc and steatite exported from Kenya were Ethiopia ($X), Uganda ($X) and Mozambique ($X), together comprising 78% of total exports.

In terms of the main countries of destination, Ethiopia, with a CAGR of +84.9%, 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

In 2022, the average talc and steatite export price amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Mozambique ($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 Ethiopia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Kenya

In 2022, the amount of talc and steatite imported into Kenya contracted markedly to X tons, with a decrease of -16.1% on the previous year. Overall, imports saw a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 48%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, talc and steatite imports contracted to $X in 2022. In general, imports saw a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of talc and steatite to Kenya, accounting for a 72% share of total imports. Moreover, talc and steatite imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.7% per year) and Austria (+10.3% per year).

In value terms, India ($X) constituted the largest supplier of talc and steatite to Kenya, comprising 59% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.0% per year) and Austria (+9.2% per year).

Import Prices by Country

The average talc and steatite import price stood at $X per ton in 2022, picking up by 2.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 11%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Austria ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for talc and steatite in the world?

India remains the largest talc and steatite consuming country worldwide, comprising approx. 16% of total volume. Moreover, talc and steatite consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. Brazil ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of talc and steatite in the world?

The countries with the highest volumes of in 2021 were India, China and Brazil, together comprising 43% of global production. These countries were followed by Turkey, the United States, Democratic People's Republic of Korea, France, Pakistan, Finland, Canada, Afghanistan, Italy and Japan, which together accounted for a further 38%.

What are the leading suppliers of talc and steatite to Kenya?

In value terms, India constituted the largest supplier of talc and steatite to Kenya, comprising 65% of total imports. The second position in the ranking was occupied by China, with a 27% share of total imports.

What are the leading importers of talc and steatite from Kenya?

In value terms, Uganda, Tanzania and Rwanda appeared to be the largest markets for talc and steatite exported from Kenya worldwide, with a combined 91% share of total exports.

What is the average export price for talc and steatite in Kenya?

In 2021, the average talc and steatite export price amounted to $330 per ton, waning by -29% against the previous year.

What is the average import price for talc and steatite in Kenya?

In 2021, the average talc and steatite import price amounted to $284 per ton, with an increase of 52% against the previous year.

This report provides an in-depth analysis of the talc and steatite market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023