France: Abrasives Market 2024

Abrasives Market Size in France

The French abrasives market rose markedly to $X in 2021, with an increase of 9.6% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.8% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Abrasives Production in France

In value terms, abrasives production expanded markedly to $X in 2021 estimated in export price. Overall, production showed a temperate increase. The pace of growth was the most pronounced in 2018 with an increase of 360% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Abrasives Exports

Exports from France

In 2021, shipments abroad of abrasives (natural) decreased by -46.1% to X tons, falling for the second year in a row after three years of growth. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 65% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, abrasives exports skyrocketed to $X in 2021. Over the period under review, exports recorded a mild slump. The pace of growth was the most pronounced in 2018 when exports increased by 59%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), Spain (X tons) and the UK (X tons) were the main destinations of abrasives exports from France, with a combined 55% share of total exports. These countries were followed by Germany, Belgium, Italy, the Netherlands, Bulgaria, China, Israel, Indonesia, Poland and the United Arab Emirates, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +39.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Switzerland ($X) and Germany ($X) were the largest markets for abrasives exported from France worldwide, with a combined 37% share of total exports. These countries were followed by the UK, the Netherlands, Israel, Italy, Poland, the United Arab Emirates, Indonesia, Belgium, Bulgaria and China, which together accounted for a further 40%.

The Netherlands, with a CAGR of +81.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average abrasives export price amounted to $X per ton, growing by 120% against the previous year. Overall, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.

Abrasives Imports

Imports into France

After three years of decline, supplies from abroad of abrasives (natural) increased by 3.5% to X tons in 2021. In general, imports, however, showed a slight contraction. The growth pace was the most rapid in 2017 with an increase of 34% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, abrasives imports shrank to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 16%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest abrasives supplier to France, accounting for a 47% share of total imports. Moreover, abrasives imports from Germany exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. The third position in this ranking was taken by India (X tons), with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+63.9% per year) and India (+2.0% per year).

In value terms, Greece ($X), South Africa ($X) and Germany ($X) constituted the largest abrasives suppliers to France, together accounting for 50% of total imports.

South Africa, with a CAGR of +36.8%, recorded the highest rates of growth with regard to 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 abrasives import price stood at $X per ton in 2021, waning by -6.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 84%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :