Southern Asia: Talc And Steatite Market 2024

Talc And Steatite Market Size in Southern Asia

The South Asian talc and steatite market expanded remarkably to $X in 2022, growing by X% against the previous year. The total consumption indicated a perceptible expansion 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Talc And Steatite Production in Southern Asia

In value terms, talc and steatite production rose notably to $X in 2022 estimated in export price. The total output 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 pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Talc And Steatite Exports

Exports in Southern Asia

In 2022, approx. X tons of talc and steatite were exported in Southern Asia; shrinking by X% compared with the previous year's figure. Total exports indicated a resilient 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. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, talc and steatite exports fell to $X in 2022. Total exports indicated resilient 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

India (X tons) and Pakistan (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Afghanistan (X tons), comprising a X% share of total exports.

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

In value terms, the largest talc and steatite supplying countries in Southern Asia were India ($X), Pakistan ($X) and Afghanistan ($X), together comprising X% of total exports.

In terms of the main exporting countries, Afghanistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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 India ($X per ton), while Afghanistan ($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 other leaders experienced mixed trends in the export price figures.

Talc And Steatite Imports

Imports in Southern Asia

Talc and steatite imports skyrocketed to X tons in 2022, rising by X% against the previous year's figure. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, talc and steatite imports reached $X in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Pakistan dominates imports structure, reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), generating a X% share of total imports. Afghanistan (X tons) and Nepal (X tons) followed a long way behind the leaders.

Imports into Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%), Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Pakistan (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while Nepal and Bangladesh saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Pakistan ($X) constitutes the largest market for imported talc and steatite in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

In Pakistan, talc and steatite imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Nepal (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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