Sweden: Talcum Powder Market 2024

Talcum Powder Market Size in Sweden

The Swedish talcum powder market soared to $X in 2021, surging by 27% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +32.3% against 2019 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Talcum Powder Production in Sweden

In value terms, talcum powder production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.1% against 2018 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 60% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Talcum Powder Exports

Exports from Sweden

In 2021, overseas shipments of talcum powder and other powders for cosmetic use decreased by -8.5% to X tons, falling for the second consecutive year after four years of growth. In general, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -12.9% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 34% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, talcum powder exports soared to $X in 2021. Overall, exports, however, saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons), Finland (X tons) and Poland (X tons) were the main destinations of talcum powder exports from Sweden, together accounting for 90% of total exports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +15.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for talcum powder exports from Sweden, comprising 77% of total exports. The second position in the ranking was held by Finland ($X), with a 10% share of total exports. It was followed by Denmark, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.5% per year) and Denmark (+7.0% per year).

Export Prices by Country

In 2021, the average talcum powder export price amounted to $X per ton, rising by 76% against the previous year. Overall, the export price showed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 Germany (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Sweden

In 2021, overseas purchases of talcum powder and other powders for cosmetic use increased by 14% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +5.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 30% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, talcum powder imports soared to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +33.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 25%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Italy (X tons), Belgium (X tons) and Denmark (X tons) were the main suppliers of talcum powder imports to Sweden, together comprising 56% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +72.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and Denmark ($X) were the largest talcum powder suppliers to Sweden, together comprising 60% of total imports. The United States, Belgium, Switzerland, Germany, China, Finland, the UK and the Netherlands lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, Belgium, with a CAGR of +53.8%, saw the highest growth rate of 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 2021, the average talcum powder import price amounted to $X per ton, picking up by 3.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2015 an increase of 21%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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