Slovakia: Talc And Steatite Market 2024

Talc And Steatite Market Size in Slovakia

The Slovak talc and steatite market dropped rapidly to $X in 2022, with a decrease of -90.8% against the previous year. Over the period under review, consumption, however, posted a resilient expansion. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Talc And Steatite Production in Slovakia

In value terms, talc and steatite production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 394% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Talc And Steatite Exports

Exports from Slovakia

In 2022, overseas shipments of talc and steatite increased by 7,748% to X tons, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, talc and steatite exports surged to $X in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X tons) was the main destination for talc and steatite exports from Slovakia, with a 90% share of total exports. Moreover, talc and steatite exports to Austria exceeded the volume sent to the second major destination, France (X tons), ninefold. Poland (X kg) ranked third in terms of total exports with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +416.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+117.2% per year) and Poland (-50.4% per year).

In value terms, Austria ($X) emerged as the key foreign market for talc and steatite exports from Slovakia, comprising 94% of total exports. The second position in the ranking was held by France ($X), with a 5.9% share of total exports. It was followed by Poland, with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of value to Austria totaled +243.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+54.5% per year) and Poland (-59.9% per year).

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, dropping by -17.9% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 83%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to France ($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 the Czech Republic (-4.6%), while the prices for the other major destinations experienced a decline.

Talc And Steatite Imports

Imports into Slovakia

In 2022, talc and steatite imports into Slovakia dropped to X tons, with a decrease of -13.7% on 2021 figures. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 176%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, talc and steatite imports contracted to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 146% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of talc and steatite to Slovakia, with a 69% share of total imports. Moreover, talc and steatite imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), fivefold. France (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +42.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+14.2% per year) and France (+15.7% per year).

In value terms, the largest talc and steatite suppliers to Slovakia were Italy ($X), France ($X) and Austria ($X), together accounting for 88% of total imports.

Among the main suppliers, Italy, with a CAGR of +34.9%, 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

In 2022, the average talc and steatite import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 5.6%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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