Australia: Market for Talcum and Cosmetic Powder 2024

Market Size for Talcum and Cosmetic Powder in Australia

The Australian talcum and cosmetic powder market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, recorded a perceptible reduction. Talcum and cosmetic powder consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Talcum and Cosmetic Powder in Australia

In value terms, talcum and cosmetic powder production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a significant increase. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Talcum and cosmetic powder production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Talcum and Cosmetic Powder

Exports from Australia

In 2022, talcum and cosmetic powder exports from Australia expanded markedly to X tons, surging by X% on 2021. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, talcum and cosmetic powder exports soared to $X in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for talcum and cosmetic powder exports from Australia, accounting for a X% share of total exports. Moreover, talcum and cosmetic powder exports to New Zealand exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. Cambodia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Cambodia (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for talcum and cosmetic powder exports from Australia, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average talcum and cosmetic powder export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Fiji ($X 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 New Zealand (X%), while the prices for the other major destinations experienced a decline.

Imports of Talcum and Cosmetic Powder

Imports into Australia

In 2022, purchases abroad of talcum and cosmetic powder increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, talcum and cosmetic powder imports skyrocketed to $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and China (X tons) were the main suppliers of talcum and cosmetic powder imports to Australia, together accounting for X% of total imports. Thailand, France, Canada, Japan, the UK, Malaysia and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest talcum and cosmetic powder suppliers to Australia were the United States ($X), Italy ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Italy, with a CAGR of X%, saw 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

In 2022, the average talcum and cosmetic powder import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($X per ton) and Italy ($X per ton), while the price for Malaysia ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform