Saudi Arabia - Talc And Steatite - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Saudi Arabia - Talc And Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Talc and Steatite Price in Saudi Arabia - 2021

Contents:

  1. Talc and Steatite Price in Saudi Arabia (CIF) - 2022
  2. Talc and Steatite Price in Saudi Arabia (FOB) - 2022
  3. Talc and Steatite Imports in Saudi Arabia
  4. Talc and Steatite Exports in Saudi Arabia

Talc and Steatite Price in Saudi Arabia (CIF) - 2022

The average talc and steatite import price stood at $308 per ton in 2021, increasing by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 24%. Over the period under review, average import prices hit record highs at $318 per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($740 per ton), while the price for Pakistan ($161 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Talc and Steatite Price in Saudi Arabia (FOB) - 2022

The average talc and steatite export price stood at $208 per ton in 2022, rising by 68% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 68%. As a result, the export price attained the peak level of $246 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($260 per ton), while the average price for exports to Bahrain ($174 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 Qatar (+43.3%), while the prices for the other major destinations experienced mixed trend patterns.

Talc and Steatite Imports in Saudi Arabia

For the third consecutive year, Saudi Arabia recorded growth in supplies from abroad of talc and steatite, which increased by 18% to 19K tons in 2021. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, talc and steatite imports surged to $5.7M in 2021. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2021; the trend pattern 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.

Import of Talc and Steatite in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
France1,4528161,78710.9%
Pakistan7201,2201,12925.2%
India877499716-9.6%
Italy5675675710.4%
AustriaN/AN/A4200%
China274N/A3187.7%
BelgiumN/A28231712.4%
Others6371,003459-15.1%
Total4,5274,3885,71712.4%

Top Suppliers of Talc and Steatite to Saudi Arabia in 2022:

  1. Pakistan (7.0K tons)
  2. France (4.9K tons)
  3. India (3.0K tons)
  4. Italy (0.8K tons)
  5. China (0.8K tons)
  6. Austria (0.7K tons)
  7. Belgium (0.5K tons)

Talc and Steatite Exports in Saudi Arabia

In 2022, overseas shipments of talc and steatite decreased by -47.5% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of 2.2K tons, and then dropped rapidly in the following year.

In value terms, talc and steatite exports contracted to $236K in 2022. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%.

Export of Talc and Steatite in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain20.528.320.811879.2%
JamaicaN/AN/AN/A72.80%
Jordan11.316.715.843.256.4%
Kuwait246155226N/A-4.2%
Others68.74.34.51.5-72.1%
Total347204267236-12.1%

Top Export Markets for Talc and Steatite from Saudi Arabia in 2022:

  1. Bahrain (677.2 tons)
  2. Jamaica (280.1 tons)
  3. Jordan (176.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the talc and steatite market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Saudi Arabia

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Saudi Arabia
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Free Data: Talc And Steatite - Saudi Arabia