France: Cadmium Market 2024

Cadmium Market Size in France

For the sixth year in a row, the French cadmium market recorded growth in sales value, which increased by 975% to $X in 2022. In general, consumption posted a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cadmium Production in France

In value terms, cadmium production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 138% against the previous year. Cadmium production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cadmium Exports

Exports from France

In 2021, shipments abroad of cadmium decreased by -18.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 1,117% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then reduced sharply in the following year.

In value terms, cadmium exports reduced to $X in 2021. In general, exports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2016 when exports increased by 947%. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

India (X tons) was the main destination for cadmium exports from France, accounting for a 89% share of total exports. Moreover, cadmium exports to India exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to India totaled +68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-24.8% per year) and Spain (+38.9% per year).

In value terms, India ($X) emerged as the key foreign market for cadmium exports from France, comprising 78% of total exports. The second position in the ranking was taken by Spain ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to India amounted to +72.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+46.0% per year) and Belgium (-25.4% per year).

Export Prices by Country

In 2021, the average cadmium export price amounted to $X per ton, surging by 16% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cadmium export price decreased by -20.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($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 China (+50.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cadmium Imports

Imports into France

In 2021, cadmium imports into France soared to X tons, increasing by 65% compared with 2020. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 111% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cadmium imports skyrocketed to $X in 2021. Over the period under review, imports saw noticeable growth. The growth pace was the most rapid in 2019 when imports increased by 89%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest cadmium supplier to France, accounting for a 72% share of total imports. Moreover, cadmium imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Canada (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +233.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.2% per year) and Canada (+13.5% per year).

In value terms, China ($X) constituted the largest supplier of cadmium to France, comprising 74% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports. It was followed by Canada, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +195.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.0% per year) and Canada (+3.4% per year).

Import Prices by Country

The average cadmium import price stood at $X per ton in 2021, waning by -15.7% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +9.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 192%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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