Australia and Oceania: Talc And Steatite Market 2024

Talc And Steatite Market Size in Australia and Oceania

The talc and steatite market in Australia and Oceania declined to $X in 2022, reducing by X% against the previous year. In general, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Talc And Steatite Production in Australia and Oceania

In value terms, talc and steatite production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Talc And Steatite Exports

Exports in Australia and Oceania

In 2022, overseas shipments of talc and steatite increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a perceptible increase from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, talc and steatite exports skyrocketed to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of talc and steatite, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the talc and steatite exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest talc and steatite supplier in Australia and Oceania.

In Australia, talc and steatite exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Talc And Steatite Imports

Imports in Australia and Oceania

In 2022, the amount of talc and steatite imported in Australia and Oceania declined remarkably to X tons, falling by X% on 2021 figures. The total import volume 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 pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, talc and steatite imports contracted dramatically to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2022, Australia (X tons) was the largest importer of talc and steatite, constituting X% of total imports. It was distantly followed by New Zealand (X tons), comprising a X% share of total imports. Northern Mariana Islands (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Northern Mariana Islands (X%) displayed positive paces of growth. Moreover, Northern Mariana Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Northern Mariana Islands increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported talc and steatite in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Northern Mariana Islands (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 New Zealand ($X per ton), while Northern Mariana Islands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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