Market movement
In 2024, steatite: natural, crushed, 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 $893,811,315 and a three-year compound annual growth rate of -1.8% (five-year: +1.5%). The all-time peak of $942,997,171 was recorded in 2021; the current level is 5% below that high-water mark.
Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.7% acceleration).
The World Trade Flows Characterization classifies steatite: natural, crushed, 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 medium price range price segment, providing additional context for market positioning and competitive dynamics.
