Eastern Asia: Market for Talcum and Cosmetic Powder 2024

Market Size for Talcum and Cosmetic Powder in Eastern Asia

The East Asian talcum and cosmetic powder market dropped to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption showed a slight contraction. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Talcum and Cosmetic Powder in Eastern Asia

In value terms, talcum and cosmetic powder production rose modestly to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Talcum and Cosmetic Powder

Exports in Eastern Asia

In 2023, overseas shipments of talcum and cosmetic powder increased by X% to X tons, rising for the third year in a row after two years of decline. Total exports indicated prominent growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, talcum and cosmetic powder exports expanded remarkably to $X in 2023. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2023 and is likely to see gradual growth in years to come.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2023. South Korea (X tons) ranks second in terms of the total exports with a X% share, followed by Japan (X%). The following exporters - Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - each reached an X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to talcum and cosmetic powder exports from China stood at X%. At the same time, South Korea (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest talcum and cosmetic powder supplying countries in Eastern Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), together comprising X% of total exports. South Korea and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Imports of Talcum and Cosmetic Powder

Imports in Eastern Asia

In 2023, overseas purchases of talcum and cosmetic powder decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total imports indicated a slight expansion from 2012 to 2023: its volume 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, talcum and cosmetic powder imports contracted to $X in 2023. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons) and Japan (X tons) represented roughly X% of total imports in 2023. China (X tons) ranks next in terms of the total imports with an X% share, followed by Taiwan (Chinese) (X%). The following importers - South Korea (X tons) and Macao SAR (X tons) - each finished at an X% share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported talcum and cosmetic powder in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Macao SAR, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and Macao SAR (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Macao SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform