Switzerland: Talc And Steatite Market 2024

Talc And Steatite Market Size in Switzerland

For the third consecutive year, the Swiss talc and steatite market recorded growth in sales value, which increased by 2.7% to $X in 2022. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Talc And Steatite Production in Switzerland

In value terms, talc and steatite production expanded to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 28%. Talc and steatite production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Talc And Steatite Exports

Exports from Switzerland

In 2022, shipments abroad of talc and steatite decreased by -53.5% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 128%. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, talc and steatite exports shrank significantly to $X in 2022. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 175%. Over the period under review, the exports attained the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

Slovenia (X tons) was the main destination for talc and steatite exports from Switzerland, with a 85% share of total exports. Moreover, talc and steatite exports to Slovenia exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. Indonesia (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled +162.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+80.1% per year) and Indonesia (+5.7% per year).

In value terms, Slovenia ($X) remains the key foreign market for talc and steatite exports from Switzerland, comprising 89% of total exports. The second position in the ranking was held by Austria ($X), with a 2.9% share of total exports. It was followed by Indonesia, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to +175.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+64.3% per year) and Indonesia (-4.0% per year).

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a noticeable decline. The growth pace was the most rapid in 2014 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Austria ($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 India (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Talc And Steatite Imports

Imports into Switzerland

In 2022, the amount of talc and steatite imported into Switzerland fell to X tons, with a decrease of -6.3% on 2021. Overall, imports saw a noticeable slump. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, talc and steatite imports shrank to $X in 2022. In general, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Austria (X tons), Italy (X tons) and France (X tons) were the main suppliers of talc and steatite imports to Switzerland, together comprising 74% of total imports. Germany, Finland, Belgium, the Netherlands, Brazil, China and Spain lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +13.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest talc and steatite suppliers to Switzerland were Austria ($X), Italy ($X) and France ($X), together comprising 59% of total imports. Belgium, Germany, the Netherlands, Brazil, Finland, China and Spain lagged somewhat behind, together comprising a further 35%.

Among the main suppliers, Belgium, with a CAGR of +16.8%, recorded 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 2022, the average talc and steatite import price amounted to $X per ton, with a decrease of -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :