Spain: Steatite Market 2021

Steatite Market Size in Spain

In 2019, after four years of growth, there was significant decline in the Spanish steatite market, when its value decreased by -X% to $X. Over the period under review, consumption, however, posted resilient growth. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Steatite consumption peaked at $X in 2018, and then contracted in the following year.

Steatite Exports

Exports from Spain

In 2019, shipments abroad of steatites decreased by -X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, steatite exports dropped significantly to $X in 2019. Overall, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), France (X tons) and Israel (X tons) were the main destinations of steatite exports from Spain, together comprising X% of total exports. These countries were followed by Brazil, China, Cote d'Ivoire, South Africa, Morocco, Algeria, Turkey, Portugal, Tunisia and the UK, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), China ($X) and France ($X) appeared to be the largest markets for steatite exported from Spain worldwide, with a combined X% share of total exports. These countries were followed by Israel, Cote d'Ivoire, South Africa, Algeria, Morocco, Portugal, Brazil, Turkey, Tunisia and the UK, which together accounted for a further X terms of the main countries of destination, Brazil (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a strong expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Portugal, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Spain

In 2019, after four years of growth, there was decline in supplies from abroad of steatites, when their volume decreased by -X% to X tons. Over the period under review, total imports indicated a temperate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018, and then declined slightly in the following year.

In value terms, steatite imports reduced to $X in 2019. Overall, total imports indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then contracted in the following year.

Imports by Country

In 2019, France (X tons) constituted the largest steatite supplier to Spain, accounting for a X% share of total imports. Moreover, steatite imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold. The third position in this ranking was occupied by India (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and India (+X% per year).

In value terms, France ($X) constituted the largest supplier of steatite to Spain, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, which is down by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Belgium ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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