Northern America: Talcum Powder Market 2024

Talcum Powder Market Size in Northern America

The North American talcum powder market soared to $X in 2021, rising by 49% against the previous year. Overall, consumption, however, saw a pronounced contraction. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Talcum Powder Production in Northern America

In value terms, talcum powder production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 687% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Talcum Powder Exports

Exports in Northern America

In 2021, approx. X tons of talcum powder and other powders for cosmetic use were exported in Northern America; growing by 3.2% against the previous year. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 9.7%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, talcum powder exports expanded slightly to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 17%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the United States (X tons) was the main exporter of talcum powder and other powders for cosmetic use, mixing up 85% of total exports. It was distantly followed by Canada (X tons), committing a 15% share of total exports.

The United States was also the fastest-growing in terms of the talcum powder and other powders for cosmetic use exports, with a CAGR of -5.8% from 2012 to 2021. Canada (-9.7%) illustrated a downward trend over the same period. While the share of the United States (+5.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-5.6 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest talcum powder supplier in Northern America, comprising 84% of total exports. The second position in the ranking was taken by Canada ($X), with a 16% share of total exports.

In the United States, talcum powder exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 1.6% against the previous year. Export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.6% 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 +77.2% against 2012 indices. The growth pace was the most rapid in 2020 when the export price increased by 21%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.3%).

Talcum Powder Imports

Imports in Northern America

In 2021, overseas purchases of talcum powder and other powders for cosmetic use were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. The total import volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, talcum powder imports expanded significantly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 23% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The United States was the main importing country with an import of about X tons, which resulted at 84% of total imports. It was distantly followed by Canada (X tons), achieving a 16% share of total imports.

The United States was also the fastest-growing in terms of the talcum powder and other powders for cosmetic use imports, with a CAGR of +4.5% from 2012 to 2021. Canada (-3.0%) illustrated a downward trend over the same period. While the share of the United States (+11 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-10.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported talcum powder and other powders for cosmetic use in Northern America, comprising 74% of total imports. The second position in the ranking was taken by Canada ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States was relatively modest.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, which is down by -21% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2015 an increase of 24% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.3%).

Source: IndexBox Platform

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