France: Chromates Market 2024

Chromates Market Size in France

In 2022, the French chromates market increased by 72% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a perceptible contraction. Chromates consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Chromates Exports

Exports from France

In 2022, the amount of chromates, dichromates and peroxochromates exported from France fell significantly to X tons, waning by -44.9% compared with 2021. Over the period under review, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 65%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, chromates exports fell remarkably to $X in 2022. In general, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 40%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Ecuador (X tons) and Spain (X tons) were the main destinations of chromates exports from France, together comprising 46% of total exports. Germany, the UK, Belgium, Tunisia, Romania, Norway, Poland, Slovakia, Algeria and the Czech Republic lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +111.5%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Italy ($X) and Spain ($X) were the largest markets for chromates exported from France worldwide, with a combined 30% share of total exports. Germany, the Czech Republic, the UK, Algeria, Norway, Romania, Tunisia, Belgium, Poland and Slovakia lagged somewhat behind, together comprising a further 36%.

The Czech Republic, with a CAGR of +132.6%, recorded 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

In 2022, the average chromates export price amounted to $X per ton, increasing by 5.4% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 88% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, 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 the Czech Republic ($X per ton), while the average price for exports to Slovakia ($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 the Czech Republic (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Chromates Imports

Imports into France

In 2022, overseas purchases of chromates, dichromates and peroxochromates increased by 48% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a drastic downturn. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, chromates imports surged to $X in 2022. Overall, imports, however, showed a pronounced decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of chromates to France, accounting for a 54% share of total imports. Moreover, chromates imports from Belgium exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.2% per year) and Kazakhstan (-7.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of chromates, dichromates and peroxochromates to France, comprising 48% of total imports. The second position in the ranking was taken by India ($X), with a 19% share of total imports. It was followed by Kazakhstan, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +39.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+14.5% per year) and Kazakhstan (-7.8% per year).

Import Prices by Country

In 2022, the average chromates import price amounted to $X per ton, rising by 21% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 70% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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