Northern America: Steatite Market 2021

Steatite Market Size in Northern America

The North American steatite market contracted to $X in 2019, which is down by -X% against the previous year. In general, consumption, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Steatite Production in Northern America

In value terms, steatite production dropped notably to $X in 2019 estimated in export prices. In general, production recorded a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Production By Country in Northern America

Canada (X tons) remains the largest steatite producing country in Northern America, comprising approx. X% of total volume.

In Canada, steatite production declined by an average annual rate of -X% over the period from 2007-2019.

Steatite Exports

Exports in Northern America

For the third consecutive year, Northern America recorded decline in overseas shipments of steatites, which decreased by -X% to X tons in 2019. Overall, exports recorded a perceptible curtailment. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The volume of export peaked at X tons in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, steatite exports shrank to $X in 2019. In general, exports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, the U.S. (X tons) represented the main exporter of steatites, making up X% of total exports. It was distantly followed by Canada (X tons), comprising a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Canada.

In value terms, the largest steatite supplying countries in Northern America were the U.S. ($X) and Canada ($X the main exporting countries, Canada saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The steatite export price in Northern America stood at $X per ton in 2019, surging by X% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, export prices attained the maximum in 2019 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was Canada ($X per ton), while the U.S. amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Steatite Imports

Imports in Northern America

In 2019, overseas purchases of steatites decreased by -X% to X tons, falling for the second year in a row after two years of growth. Total imports indicated a mild increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2013 to 2019, the growth imports failed to regain the momentum.

In value terms, steatite imports dropped to $X in 2019. In general, imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. represented the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Canada (X tons), committing a X% share of total imports.

The U.S. was also the fastest-growing in terms of the steatites imports, with a CAGR of +X% from 2007 to 2019. Canada (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Canada (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported steatites in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., steatite imports expanded at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

In 2019, the steatite import price in Northern America amounted to $X per ton, growing by X% against the previous year. Import price indicated a pronounced increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Over the period under review, import prices attained the peak figure in 2019 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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