Talc And Steatite Market in Peru
Market Overview
The Peruvian talc and steatite market expanded slightly to $
in , with an increase of % 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 showed a significant increase. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
In value terms, talc and steatite production dropped to $ in estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production failed to regain momentum.
in , with an increase of % 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 showed a significant increase. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.In value terms, talc and steatite production dropped to $
in estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production failed to regain momentum.Consumption
In , the amount of talc and steatite consumed in Peru stood at tons, picking up by % on the year before. In general, consumption saw a remarkable increase. Over the period under review, consumption reached the maximum volume at tons in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
The revenue of the talc and steatite market in Peru rose modestly to $ in , growing 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). Over the period under review, consumption posted a significant expansion. Talc and steatite consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
, the amount of talc and steatite consumed in Peru stood at tons, picking up by % on the year before. In general, consumption saw a remarkable increase. Over the period under review, consumption reached the maximum volume at tons in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.The revenue of the talc and steatite market in Peru rose modestly to $
in , growing 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). Over the period under review, consumption posted a significant expansion. Talc and steatite consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for talc and steatite in Peru, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Peru domestic supply is expected to continue its growth. Over the period under review, the share of imports in terms of total talc and steatite consumption in Peru was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Peru talc and steatite market is largely supplied by domestic manufacturers.
% in 2007 to % in . Peru domestic supply is expected to continue its growth. Over the period under review, the share of imports in terms of total talc and steatite consumption in Peru was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Peru talc and steatite market is largely supplied by domestic manufacturers.Trade Balance
Peru remains a net exporter of talc and steatite; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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