Luxembourg: Talcum Powder Market 2024

Talcum Powder Market Size in Luxembourg

In 2021, the Luxembourg talcum powder market increased by 1,329% to $X, rising for the third year in a row after three years of decline. Overall, consumption posted significant growth. Talcum powder consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Talcum Powder Production in Luxembourg

In value terms, talcum powder production reduced to $X in 2021 estimated in export price. In general, production saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 30% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Talcum Powder Exports

Exports from Luxembourg

In 2021, shipments abroad of talcum powder and other powders for cosmetic use increased by 55% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 328% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, talcum powder exports contracted modestly to $X in 2021. In general, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 391%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Italy (X tons) were the main destinations of talcum powder exports from Luxembourg, with a combined 53% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +354.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for talcum powder exported from Luxembourg were the Netherlands ($X), Spain ($X) and Italy ($X), together comprising 53% of total exports.

Italy, with a CAGR of +1,256.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, dropping by -37% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 259% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-3.5%), while the prices for the other major destinations experienced a decline.

Talcum Powder Imports

Imports into Luxembourg

In 2021, supplies from abroad of talcum powder and other powders for cosmetic use increased by 734% to X tons, rising for the second year in a row after four years of decline. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 915% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, talcum powder imports amounted to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 26%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of talcum powder imports to Luxembourg, with a combined 78% share of total imports. Poland and the Netherlands lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +155.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Poland ($X) were the largest talcum powder suppliers to Luxembourg, together accounting for 82% of total imports.

Poland, with a CAGR of +127.7%, saw the highest rates of growth with regard to 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

The average talcum powder import price stood at $X per ton in 2021, waning by -87.6% against the previous year. Over the period under review, the import price continues to indicate a dramatic curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 426% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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