France: Candles And Tapers Market 2024

Candles And Tapers Market Size in France

The French candles and tapers market was finally on the rise to reach $X in 2021, after three years of decline. In general, the total consumption indicated a slight expansion from 2012 to 2021: its value 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, consumption decreased by -24.9% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Candles And Tapers Production in France

In value terms, candles and tapers production declined modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 13% against the previous year. Candles and tapers production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Candles And Tapers Exports

Exports from France

Candles and tapers exports from France soared to X tons in 2021, with an increase of 16% against the previous year. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 20%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, candles and tapers exports soared to $X in 2021. Over the period under review, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Italy (X tons) and Spain (X tons) were the main destinations of candles and tapers exports from France, together comprising 31% of total exports. The Netherlands, the United States, Germany, the UK, Switzerland, China, Portugal, Algeria, Luxembourg and Poland lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +51.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) appeared to be the largest markets for candles and tapers exported from France worldwide, with a combined 35% share of total exports.

China, with a CAGR of +57.8%, 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

The average candles and tapers export price stood at $X per ton in 2021, picking up by 33% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 UK (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Candles And Tapers Imports

Imports into France

In 2021, approx. X tons of candles and tapers were imported into France; jumping by 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, candles and tapers imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of candles and tapers to France, with a 35% share of total imports. Moreover, candles and tapers imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Poland (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+29.5% per year) and Poland (-5.3% per year).

In value terms, China ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest candles and tapers suppliers to France, together accounting for 57% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +25.8%, saw the highest growth rate of 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 2021, the average candles and tapers import price amounted to $X per ton, rising by 4.7% against the previous year. Overall, the import price, however, showed a slight contraction. The growth pace was the most rapid in 2020 an increase of 9.1%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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