France: Bentonite Market 2024

Bentonite Market Size in France

In 2022, the French bentonite market increased by 24% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a prominent expansion. Bentonite consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Bentonite Production in France

In value terms, bentonite production expanded modestly to $X in 2022 estimated in export price. In general, production posted slight growth. The growth pace was the most rapid in 2015 when the production volume increased by 181%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Bentonite Exports

Exports from France

In 2022, approx. X tons of bentonite were exported from France; falling by -32.9% against 2021 figures. Overall, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 with an increase of 109% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bentonite exports rose notably to $X in 2022. In general, exports, however, saw noticeable growth. The growth pace was the most rapid in 2013 when exports increased by 116% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco (X tons), Spain (X tons) and Belgium (X tons) were the main destinations of bentonite exports from France, with a combined 51% share of total exports. Italy, Greece, Gabon, Latvia, Germany, the UK, Portugal, Egypt, New Zealand and Luxembourg lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +89.6%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Morocco ($X) and Italy ($X) constituted the largest markets for bentonite exported from France worldwide, together accounting for 37% of total exports. Greece, Belgium, the UK, Germany, New Zealand, Gabon, Portugal, Latvia, Luxembourg and Egypt lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Latvia, with a CAGR of +93.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bentonite export price amounted to $X per ton, rising by 70% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bentonite export price increased by +104.9% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Egypt ($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 Greece (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Bentonite Imports

Imports into France

Bentonite imports into France surged to X tons in 2022, growing by 24% compared with the previous year's figure. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.5% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bentonite imports skyrocketed to $X in 2022. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of bentonite to France, accounting for a 46% share of total imports. Moreover, bentonite imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+10.5% per year) and Spain (+5.8% per year).

In value terms, Turkey ($X), the Netherlands ($X) and Spain ($X) appeared to be the largest bentonite suppliers to France, with a combined 66% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +29.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bentonite import price amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average import price increased by 19% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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