Talc And Steatite Market in the United Arab Emirates
Market Overview
The talc and steatite market in the United Arab Emirates contracted modestly 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). Over the period under review, consumption recorded a noticeable shrinkage. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
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). Over the period under review, consumption recorded a noticeable shrinkage. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.Consumption
In , talc and steatite consumption in the United Arab Emirates reduced slightly to tons, remaining constant against the year before. In general, consumption saw a abrupt curtailment. Over the period under review, consumption hit record highs at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The revenue of the talc and steatite market in the United Arab Emirates fell slightly to $ in , which is down 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 continues to indicate a pronounced slump. Talc and steatite consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, talc and steatite consumption in the United Arab Emirates reduced slightly to tons, remaining constant against the year before. In general, consumption saw a abrupt curtailment. Over the period under review, consumption hit record highs at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The revenue of the talc and steatite market in the United Arab Emirates fell slightly to $
in , which is down 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 continues to indicate a pronounced slump. Talc and steatite consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for talc and steatite in the United Arab Emirates, 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
Talc and steatite market in the United Arab Emirates consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, the United Arab Emirates relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
The United Arab Emirates 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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