U.S.: Talcum Powder Market 2024

Talcum Powder Market Size in the U.S.

The U.S. talcum powder market skyrocketed to $X in 2021, rising by 51% against the previous year. Over the period under review, consumption, however, saw a noticeable descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Talcum Powder Production in the U.S.

In value terms, talcum powder production surged to $X in 2021. Overall, production, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2017 with an increase of 171%. Talcum powder production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Talcum Powder Exports

Exports from the U.S.

Talcum powder exports from the United States amounted to X tons in 2021, growing by 7.4% against the year before. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 11%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, talcum powder exports reached $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 19% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Mexico (X tons) and the UK (X tons) were the main destinations of talcum powder exports from the United States, together accounting for 40% of total exports. France, Australia, Brazil, China, the Netherlands, Hong Kong SAR, Singapore, Belgium, Switzerland and the United Arab Emirates lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for talcum powder exports from the United States, comprising 24% of total exports. The second position in the ranking was taken by Singapore ($X), with an 8.6% share of total exports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+19.5% per year) and the UK (-2.9% per year).

Export Prices by Country

In 2021, the average talcum powder export price amounted to $X per ton, with a decrease of -4% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, talcum powder export price increased by +75.1% against 2012 indices. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Mexico ($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 Singapore (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into the U.S.

In 2021, purchases abroad of talcum powder and other powders for cosmetic use increased by 56% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, talcum powder imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 24%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and Canada (X tons) were the main suppliers of talcum powder imports to the United States, with a combined 69% share of total imports. Taiwan (Chinese), France, South Korea, Thailand and Japan lagged somewhat behind, together comprising a further 21%.

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 +31.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Canada ($X) were the largest talcum powder suppliers to the United States, with a combined 69% share of total imports. These countries were followed by France, Taiwan (Chinese), South Korea, Japan and Thailand, which together accounted for a further 22%.

Thailand, with a CAGR of +22.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, declining by -25.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 30%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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