France: Artificial Staple Fibre Market 2024

Artificial Staple Fibre Market Size in France

The French artificial staple fibre market fell notably to $X in 2021, dropping by -33.6% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.

Artificial Staple Fibre Production in France

In value terms, artificial staple fibre production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 202%. As a result, production reached the peak level of $X, and then declined dramatically in the following year.

Artificial Staple Fibre Exports

Exports from France

In 2021, shipments abroad of artificial staple fibres increased by 56% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 279% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, artificial staple fibre exports shrank to $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 733%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Senegal (X tons) was the main destination for artificial staple fibre exports from France, with a 52% share of total exports. Moreover, artificial staple fibre exports to Senegal exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Senegal totaled +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+203.3% per year) and Turkey (+47.3% per year).

In value terms, the largest markets for artificial staple fibre exported from France were Belgium ($X), Austria ($X) and the Czech Republic ($X), together accounting for 86% of total exports.

Belgium, with a CAGR of +232.9%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average artificial staple fibre export price stood at $X per ton in 2021, with a decrease of -39.2% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, artificial staple fibre export price increased by +33.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 120% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Senegal ($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 Austria (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Staple Fibre Imports

Imports into France

In 2021, approx. X tons of artificial staple fibres were imported into France; shrinking by -25.4% compared with the year before. Overall, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, artificial staple fibre imports reduced markedly to $X in 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 144%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of artificial staple fibre imports to France, together accounting for 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +58.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of artificial staple fibres to France, comprising 66% of total imports. The second position in the ranking was taken by Italy ($X), with a 26% share of total imports. It was followed by Spain, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.5% per year) and Spain (+44.4% per year).

Import Prices by Country

The average artificial staple fibre import price stood at $X per ton in 2021, picking up by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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