Israel: Talc And Steatite Market 2024

Talc And Steatite Market Size in Israel

The Israeli talc and steatite market shrank notably to $X in 2023, reducing by X% 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 continues to indicate a pronounced descent. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Talc And Steatite Exports

Exports from Israel

In 2023, overseas shipments of talc and steatite increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, talc and steatite exports surged to $X in 2023. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for talc and steatite exports from Israel, accounting for a X% share of total exports. Moreover, talc and steatite exports to the United States exceeded the volume sent to the second major destination, Brazil (X tons), fourfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) emerged as the key foreign market for talc and steatite exports from Israel, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

The average talc and steatite export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Brazil totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Talc And Steatite Imports

Imports into Israel

In 2023, imports of talc and steatite into Israel contracted markedly to X tons, dropping by X% against 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, talc and steatite imports dropped notably to $X in 2023. Over the period under review, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), France (X tons) and Austria (X tons) were the main suppliers of talc and steatite imports to Israel, with a combined X% share of total imports. Turkey, Italy, the Netherlands, Greece, Belgium and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 2023, increasing by X% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, talc and steatite import price increased by X% against 2018 indices. The growth pace was the most rapid in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Austria ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform