China: Talc And Steatite Market 2024

Talc And Steatite Market Size in China

The Chinese talc and steatite market reduced modestly to $X in 2022, declining by X% against the previous year. In general, consumption, however, continues to indicate a drastic downturn. Talc and steatite consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Talc And Steatite Production in China

In value terms, talc and steatite production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Talc and steatite production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Talc And Steatite Exports

Exports from China

In 2022, the amount of talc and steatite exported from China dropped to X tons, shrinking by X% on the year before. In general, exports recorded a mild curtailment. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, talc and steatite exports fell to $X in 2022. Overall, exports saw a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), South Korea (X tons) and Indonesia (X tons) were the main destinations of talc and steatite exports from China, with a combined X% share of total exports. Thailand, Taiwan (Chinese), Vietnam, the United States, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

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

In value terms, Japan ($X) remains the key foreign market for talc and steatite exports from China, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and South Korea (X% per year).

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Japan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Talc And Steatite Imports

Imports into China

In 2022, after three years of decline, there was significant growth in supplies from abroad of talc and steatite, when their volume increased by X% to X tons. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, talc and steatite imports rose slightly to $X in 2022. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Pakistan (X tons) constituted the largest talc and steatite supplier to China, with a X% share of total imports. Moreover, talc and steatite imports from Pakistan exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Pakistan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Netherlands (X% per year).

In value terms, the Netherlands ($X), Pakistan ($X) and Italy ($X) constituted the largest talc and steatite suppliers to China, with a combined X% share of total imports. The United States, India, Finland, South Korea and Austria lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 talc and steatite import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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