Indonesia: Talc And Steatite Market 2024

Talc And Steatite Market Size in Indonesia

The Indonesian talc and steatite market stood at $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Talc and steatite consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Talc And Steatite Production in Indonesia

In value terms, talc and steatite production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Talc and steatite production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Talc And Steatite Exports

Exports from Indonesia

In 2022, the amount of talc and steatite exported from Indonesia shrank notably to X tons, which is down by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, talc and steatite exports reduced notably to $X in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for talc and steatite exports from Indonesia, accounting for a X% share of total exports. Moreover, talc and steatite exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for talc and steatite exported from Indonesia were China ($X), Vietnam ($X) and Taiwan (Chinese) ($X), with a combined X% share of total exports.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of X%, saw 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

The average talc and steatite export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price posted tangible growth. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Indonesia

In 2022, overseas purchases of talc and steatite increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, talc and steatite imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest talc and steatite supplier to Indonesia, accounting for a X% share of total imports. Moreover, talc and steatite imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of talc and steatite to Indonesia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average talc and steatite import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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