Poland: Talc And Steatite Market 2024

Talc And Steatite Market Size in Poland

After six years of growth, the Polish talc and steatite market decreased by -4.3% to $X in 2022. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.6% against the previous year. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Talc And Steatite Production in Poland

In value terms, talc and steatite production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 9.5% against the previous year. Talc and steatite production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Talc And Steatite Exports

Exports from Poland

In 2022, talc and steatite exports from Poland dropped dramatically to X tons, reducing by -25.4% against the previous year. In general, exports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 184% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, talc and steatite exports expanded rapidly to $X in 2022. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 145% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons), Hungary (X tons) and Ukraine (X tons) were the main destinations of talc and steatite exports from Poland, with a combined 76% share 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 Hungary (with a CAGR of +34.4%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for talc and steatite exports from Poland, comprising 34% of total exports. The second position in the ranking was taken by Hungary ($X), with a 15% share of total exports. It was followed by Ukraine, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+31.2% per year) and Ukraine (-10.4% per year).

Export Prices by Country

In 2022, the average talc and steatite export price amounted to $X per ton, picking up by 49% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, talc and steatite export price increased by +64.5% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Talc And Steatite Imports

Imports into Poland

In 2022, purchases abroad of talc and steatite decreased by -11.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 30%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, talc and steatite imports reduced slightly to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.2% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 33%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted modestly in the following year.

Imports by Country

Finland (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of talc and steatite imports to Poland, with a combined 73% share of total imports. The Netherlands, Belgium, Germany, the UK and China lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +121.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Italy ($X) and Austria ($X) were the largest talc and steatite suppliers to Poland, with a combined 59% share of total imports. Germany, Belgium, the Netherlands, the UK and China lagged somewhat behind, together comprising a further 30%.

Among the main suppliers, the UK, with a CAGR of +99.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average talc and steatite import price stood at $X per ton in 2022, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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