France: Biological Product Market 2024

Biological Product Market Size in France

The French biological product market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Biological Product Production in France

In value terms, biological product production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Biological Product Exports

Exports from France

In 2022, exports of biological products from France contracted rapidly to X tons, reducing by X% compared with 2021. Over the period under review, exports recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell notably in the following year.

In value terms, biological product exports declined dramatically to $X in 2022. Overall, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

Italy (X tons), Germany (X tons) and Austria (X tons) were the main destinations of biological product exports from France, with a combined X% share of total exports. Spain, Belgium, Ireland, the UK, Poland, the Netherlands, Denmark, China, the United States and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for biological products exports from France, comprising X% of total exports. The second position in the ranking was taken by Ireland ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and Austria (X% per year).

Export Prices by Country

The average biological product export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a mild decrease. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X,286 per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Biological Product Imports

Imports into France

In 2022, after two years of growth, there was significant decline in supplies from abroad of biological products, when their volume decreased by X% to X tons. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, biological product imports contracted sharply to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of biological product to France, accounting for a X% share of total imports. Moreover, biological product imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) were the largest biological product suppliers to France, together comprising X% of total imports. Ireland, Switzerland, the United States, the UK, Austria, Sweden, Hungary, China, Poland and Spain lagged somewhat behind, together comprising a further X%.

China, 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 biological product import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, biological product import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X,056 per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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