Global Talc And Steatite Market
Market Overview
In 
, the global talc and steatite market decreased by -% to $, falling for the second consecutive year after four years of growth. Overall, consumption posted tangible growth. Over the period under review, the global market reached the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
In value terms, talc and steatite production shrank modestly to $ in estimated in export price. In general, the total production indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2019 to , global production growth failed to regain momentum.
The countries with the highest volumes of in were India ( tonnes), China ( tonnes) and Brazil ( tonnes), together comprising % of global production. These countries were followed by Turkey, the United States, Democratic People's Republic of Korea, France, Pakistan, Finland, Canada, Afghanistan, Italy and Japan, which together accounted for a further %.
From 2007 to, the biggest increases were in Afghanistan (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.
, the global talc and steatite market decreased by -% to $, falling for the second consecutive year after four years of growth. Overall, consumption posted tangible growth. Over the period under review, the global market reached the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.In value terms, talc and steatite production shrank modestly to $
in estimated in export price. In general, the total production indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2019 to , global production growth failed to regain momentum.The countries with the highest volumes of in
were India ( tonnes), China ( tonnes) and Brazil ( tonnes), together comprising % of global production. These countries were followed by Turkey, the United States, Democratic People's Republic of Korea, France, Pakistan, Finland, Canada, Afghanistan, Italy and Japan, which together accounted for a further %.From 2007 to
, the biggest increases were in Afghanistan (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.Consumption
In , consumption of talc and steatite decreased by -% to tonnes, falling for the second year in a row after three years of growth. In general, consumption showed a relatively flat trend pattern. Global consumption peaked at tonnes in 2019; however, from to , consumption failed to regain momentum.
The global talc and steatite market value reduced markedly to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced expansion. Over the period under review, the global market reached the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
, consumption of talc and steatite decreased by -% to tonnes, falling for the second year in a row after three years of growth. In general, consumption showed a relatively flat trend pattern. Global consumption peaked at tonnes in 2019; however, from to , consumption failed to regain momentum.The global talc and steatite market value reduced markedly to $
in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced expansion. Over the period under review, the global market reached the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.Consumption By Country
India ( tonnes) remains the largest talc and steatite consuming country worldwide, comprising approx. % of total volume. Moreover, talc and steatite consumption in India exceeded the figures recorded by the second-largest consumer, China ( tonnes), twofold. The third position in this ranking was occupied by Brazil ( tonnes), with a % share.
From 2007 to, the average annual rate of growth in terms of volume in India amounted to +%. In the other countries, the average annual rates were as follows: China (-% per year) and Brazil (+% per year).
In value terms, Japan ($) led the market, alone. The second position in the ranking was occupied by India ($). It was followed by Brazil.
From 2007 to, the average annual growth rate of value in Japan totaled +%. The remaining consuming countries recorded the following average annual rates of market growth: India (+% per year) and Brazil (+% per year).
In, the highest levels of talc and steatite per capita consumption was registered in Finland ( kg per person), followed by Democratic People's Republic of Korea ( kg per person), Turkey ( kg per person) and South Korea ( kg per person), while the world average per capita consumption of talc and steatite was estimated at kg per person.
From 2007 to, the average annual growth rate of the talc and steatite per capita consumption in Finland totaled -%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Democratic People's Republic of Korea (-% per year) and Turkey (+% per year).
tonnes) remains the largest talc and steatite consuming country worldwide, comprising approx. % of total volume. Moreover, talc and steatite consumption in India exceeded the figures recorded by the second-largest consumer, China ( tonnes), twofold. The third position in this ranking was occupied by Brazil ( tonnes), with a % share.From 2007 to
, the average annual rate of growth in terms of volume in India amounted to +%. In the other countries, the average annual rates were as follows: China (-% per year) and Brazil (+% per year).In value terms, Japan ($
) led the market, alone. The second position in the ranking was occupied by India ($). It was followed by Brazil.From 2007 to
, the average annual growth rate of value in Japan totaled +%. The remaining consuming countries recorded the following average annual rates of market growth: India (+% per year) and Brazil (+% per year).In
, the highest levels of talc and steatite per capita consumption was registered in Finland ( kg per person), followed by Democratic People's Republic of Korea ( kg per person), Turkey ( kg per person) and South Korea ( kg per person), while the world average per capita consumption of talc and steatite was estimated at kg per person.From 2007 to
, the average annual growth rate of the talc and steatite per capita consumption in Finland totaled -%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Democratic People's Republic of Korea (-% per year) and Turkey (+% per year).Market Forecast
Driven by rising demand for talc and steatite worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .
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