United Kingdom: Talcum Powder Market 2024

Talcum Powder Market Size in the UK

In 2021, the UK talcum powder market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, recorded a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Talcum Powder Production in the UK

In value terms, talcum powder production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19%. 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 UK

In 2021, approx. X tons of talcum powder and other powders for cosmetic use were exported from the UK; growing by 16% on the previous year's figure. In general, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -29.6% against 2016 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 33%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, talcum powder exports reduced to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced decrease. The growth pace was the most rapid in 2017 when exports increased by 11%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for talcum powder exports from the UK, with a 31% share of total exports. Moreover, talcum powder exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.9% per year) and Spain (+17.4% per year).

In value terms, Ireland ($X), the United States ($X) and Germany ($X) constituted the largest markets for talcum powder exported from the UK worldwide, together accounting for 38% of total exports. These countries were followed by Spain, Poland, France, the Netherlands, Russia, Denmark, the United Arab Emirates, Australia, Turkey and Canada, which together accounted for a further 41%.

Turkey, with a CAGR of +17.7%, recorded 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 talcum powder export price stood at $X per ton in 2021, falling by -16.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($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 Poland (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into the UK

In 2021, overseas purchases of talcum powder and other powders for cosmetic use increased by 7.1% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 14%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, talcum powder imports soared to $X in 2021. Overall, imports, however, recorded a noticeable curtailment. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Thailand (X tons) and France (X tons) were the main suppliers of talcum powder imports to the UK, with a combined 81% share of total imports. These countries were followed by the United States, Indonesia, Italy, Taiwan (Chinese), Poland and Ireland, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and the United States ($X) were the largest talcum powder suppliers to the UK, together comprising 63% of total imports. Italy, Thailand, Taiwan (Chinese), Poland, Indonesia and Ireland lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Indonesia, with a CAGR of +39.5%, saw the highest rates of growth with regard to 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 talcum powder import price stood at $X per ton in 2021, growing by 10% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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