U.S.: Steatite Market 2021

Steatite Market Size in the U.S.

The U.S. steatite market fell to $X in 2019, which is down by -X% against the previous year. In general, consumption, however, posted a remarkable increase. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Steatite Production in the U.S.

In value terms, steatite production soared to $X in 2019. Overall, production, however, continues to indicate a precipitous shrinkage. Over the period under review, production reached the maximum level at $X in 2010; however, from 2011 to 2019, production failed to regain the momentum.

Steatite Exports

Exports from the U.S.

For the third year in a row, the U.S. recorded decline in overseas shipments of steatites, which decreased by -X% to X tons in 2019. Overall, exports recorded a pronounced shrinkage. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, steatite exports reduced to $X in 2019. In general, total exports indicated a tangible expansion from 2007 to 2019: its value decreased 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, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2017 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Mexico (X tons), Canada (X tons) and Poland (X tons) were the main destinations of steatite exports from the U.S., together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Poland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), China ($X) and Poland ($X) were the largest markets for steatite exported from the U.S. worldwide, together comprising X% of total exports.

Poland (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average steatite export price stood at $X per ton in 2019, rising by X% against the previous year. Overall, the export price showed prominent growth. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The export price peaked in 2019 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Indonesia ($X per ton), while the average price for exports to Canada ($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 Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into the U.S.

In 2019, overseas purchases of steatites decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, steatite imports declined to $X in 2019. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

Pakistan (X tons), Canada (X tons) and China (X tons) were the main suppliers of steatite imports to the U.S., together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Pakistan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Pakistan ($X) and China ($X) appeared to be the largest steatite suppliers to the U.S., with a combined X% share of total imports.

Among the main suppliers, Pakistan (+X% per year) 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

The average steatite import price stood at $X per ton in 2019, growing by X% against the previous year. Overall, import price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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