France: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in France

The French market for coconut, abaca, ramie and other vegetable textile fibres soared to $X in 2022, with an increase of 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a resilient increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in the immediate term.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from France

In 2022, the amount of coconut, abaca, ramie and other vegetable textile fibres exported from France was estimated at X tons, with an increase of 15% against the previous year. Overall, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 149%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres contracted markedly to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2019 with an increase of 88%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Switzerland (X tons) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from France, with a 23% share of total exports. Moreover, exports of coconut, abaca, ramie and other vegetable textile fibres to Switzerland exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+38.3% per year) and Italy (+23.8% per year).

In value terms, the UK ($X), Switzerland ($X) and the United States ($X) constituted the largest markets for coconut, abaca, ramie and other vegetable textile fibre exported from France worldwide, with a combined 34% share of total exports. Spain, Germany, Belgium, Italy, Slovenia, the Czech Republic, Hungary, Poland, the Netherlands and Portugal lagged somewhat behind, together accounting for a further 43%.

Hungary, with a CAGR of +145.9%, 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 export price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, dropping by -40.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 43% against the previous year. The export price peaked at $X per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Germany (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into France

Imports of coconut, abaca, ramie and other vegetable textile fibres into France skyrocketed to X tons in 2022, rising by 20% compared with the previous year. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 102%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres soared to $X in 2022. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2014 when imports increased by 87%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibre to France, with a 48% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from India exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Sri Lanka (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+56.7% per year) and Sri Lanka (-4.3% per year).

In value terms, India ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to France, comprising 55% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (-1.9% per year) and the Netherlands (+24.6% per year).

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, surging by 8.2% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of 16%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($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 (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform