Spain: Talcum Powder Market 2024

Talcum Powder Market Size in Spain

For the fifth year in a row, the Spanish talcum powder market recorded decline in sales value, which decreased by -54.2% to $X in 2021. Overall, consumption saw a drastic downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Talcum Powder Production in Spain

In value terms, talcum powder production contracted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Talcum powder production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Talcum Powder Exports

Exports from Spain

In 2021, approx. X tons of talcum powder and other powders for cosmetic use were exported from Spain; increasing by 47% against the previous year's figure. Over the period under review, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, talcum powder exports skyrocketed to $X in 2021. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 69%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Italy (X tons), France (X tons) and Portugal (X tons) were the main destinations of talcum powder exports from Spain, with a combined 38% share of total exports. Andorra, Algeria, the Netherlands, Germany, Hungary, Russia, Morocco, the UK, Turkey and Australia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +91.3%), while the other leaders experienced more modest paces of growth.

In value terms, Andorra ($X) remains the key foreign market for talcum powder exports from Spain, comprising 29% of total exports. The second position in the ranking was taken by France ($X), with a 10% share of total exports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Andorra totaled +90.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+22.2% per year) and Germany (+14.5% per year).

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, rising by 13% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 43% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Andorra ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Spain

In 2021, overseas purchases of talcum powder and other powders for cosmetic use decreased by -1.8% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 43%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, talcum powder imports surged to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), France (X tons) and Italy (X tons) were the main suppliers of talcum powder imports to Spain, together comprising 54% of total imports. Thailand, the Netherlands, Belgium, Poland, the UK and Germany lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +132.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of talcum powder to Spain, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.4% per year) and China (+29.1% per year).

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, with an increase of 19% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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