Talc And Steatite Market in Japan
Market Overview
The Japanese talc and steatite market fell to $
in , dropping 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Talc and steatite consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.
In value terms, talc and steatite production reduced modestly to $ in estimated in export price. In general, the total production indicated moderate growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. Talc and steatite production peaked at $ in 2019; however, from to , production stood at a somewhat lower figure.
in , dropping 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Talc and steatite consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.In value terms, talc and steatite production reduced modestly to $
in estimated in export price. In general, the total production indicated moderate growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. Talc and steatite production peaked at $ in 2019; however, from to , production stood at a somewhat lower figure.Consumption
In , consumption of talc and steatite increased by % to tons for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a slight descent. Over the period under review, consumption hit record highs at tons in 2008; however, from 2009 to , consumption failed to regain momentum.
The value of the talc and steatite market in Japan contracted to $ in , waning 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Talc and steatite consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
, consumption of talc and steatite increased by % to tons for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a slight descent. Over the period under review, consumption hit record highs at tons in 2008; however, from 2009 to , consumption failed to regain momentum.The value of the talc and steatite market in Japan contracted to $
in , waning 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Talc and steatite consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for talc and steatite in Japan, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
The growth in the share of Japan imports of in the talc and steatite market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Japan remains a net importer of talc and steatite; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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