France: Chromium Market 2021

Chromium Market Size in France

The French chromium market surged to $X in 2020, with an increase of X% against the previous year. In general, consumption enjoyed modest growth. The growth pace was the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Chromium Production in France

In value terms, chromium production reduced to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Chromium production peaked at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Chromium Exports

Exports from France

In 2020, chromium exports from France dropped markedly to X tons, with a decrease of -X% on 2019 figures. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, chromium exports declined remarkably to $X in 2020. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons), Germany (X tons) and Japan (X tons) were the main destinations of chromium exports from France, with a combined X% share of total exports. Spain, the UK, Canada and Belgium lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chromium exported from France were the U.S. ($X), Germany ($X) and Japan ($X), together accounting for X% of total exports. Canada, the UK, Spain and Belgium lagged somewhat behind, together comprising a further X saw the highest growth rate of 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 chromium export price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Canada ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced mixed trend patterns.

Chromium Imports

Imports into France

In 2020, approx. X tons of chromium were imported into France; which is down by -X% on 2019. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, chromium imports contracted dramatically to $X in 2020. Overall, imports saw a slight descent. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest chromium supplier to France, with a X% share of total imports. Moreover, chromium imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X), the UK ($X) and Germany ($X) constituted the largest chromium suppliers to France, together comprising X% of total imports. These countries were followed by Estonia, Spain and Australia, which together accounted for a further X terms of the main suppliers, Spain recorded 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

The average chromium import price stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, chromium import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Estonia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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