Market movement
In 2024, steatite: natural, (not crushed or powdered), whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape: talc trade exhibited modest growth, with global flows reaching $122,272,373 and a three-year compound annual growth rate of -6.9% (five-year: -2.0%). The all-time peak of $166,563,818 was recorded in 2014; the current level is 27% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.9% acceleration).
The World Trade Flows Characterization classifies steatite: natural, (not crushed or powdered), whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape: talc as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.
