Russian Federation: Talc And Steatite Market 2024

Talc And Steatite Market Size in the Russian Federation

The Russian talc and steatite market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Talc And Steatite Production in the Russian Federation

In value terms, talc and steatite production reduced notably to $X in 2022 estimated in export price. Over the period under review, production saw a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Talc and steatite production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Talc And Steatite Exports

Exports from the Russian Federation

Talc and steatite exports from Russia rose remarkably to X tons in 2022, with an increase of X% on 2021. Over the period under review, exports posted a notable increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, talc and steatite exports totaled $X in 2022. Overall, exports, however, saw a slight contraction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for talc and steatite exports from Russia, accounting for a X% share of total exports. Moreover, talc and steatite exports to Kazakhstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%.

In value terms, Kazakhstan ($X) remains the key foreign market for talc and steatite exports from Russia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled X%.

Export Prices by Country

In 2022, the average talc and steatite export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Kazakhstan stood at $X per ton.

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

Talc And Steatite Imports

Imports into the Russian Federation

Talc and steatite imports into Russia contracted slightly to X tons in 2022, with a decrease of X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, talc and steatite imports shrank to $X in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of talc and steatite to Russia, accounting for a X% share of total imports. Moreover, talc and steatite imports from Turkey exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and China (X% per year).

In value terms, the largest talc and steatite suppliers to Russia were Turkey ($X), Austria ($X) and Poland ($X), together accounting for X% of total imports. China, France, Italy, India, the Netherlands and Pakistan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average talc and steatite import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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