Africa: Talc And Steatite Market 2024

Talc And Steatite Market Size in Africa

The African talc and steatite market rose sharply to $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate prominent growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Talc And Steatite Production in Africa

In value terms, talc and steatite production surged to $X in 2022 estimated in export price. Overall, production saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Talc And Steatite Exports

Exports in Africa

In 2022, talc and steatite exports in Africa dropped to X tons, shrinking by X% on the year before. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, talc and steatite exports expanded slightly to $X in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Zimbabwe (X tons), committing a X% share of total exports. Zambia (X tons), South Africa (X tons) and Senegal (X tons) held a minor share of total exports.

Exports from Egypt decreased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), South Africa (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. Zimbabwe (X p.p.) and South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Egypt saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest talc and steatite supplier in Africa, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports. It was followed by Zimbabwe, with a X% share.

In Egypt, talc and steatite exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, talc and steatite export price increased by X% against 2017 indices. The growth pace was the most rapid in 2020 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Talc And Steatite Imports

Imports in Africa

After five years of growth, overseas purchases of talc and steatite decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, talc and steatite imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

South Africa (X tons), Senegal (X tons), Nigeria (X tons), Kenya (X tons), Cote d'Ivoire (X tons), Morocco (X tons), Egypt (X tons), Tanzania (X tons), Ghana (X tons), Democratic Republic of the Congo (X tons) and Tunisia (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Egypt, Cote d'Ivoire, Senegal, Democratic Republic of the Congo, Kenya, Tunisia, Ghana and Tanzania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Tanzania, with a CAGR of X%, 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 import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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