France: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in France

In 2022, the French market for compounds with other nitrogen function (excluding isocyanates) increased by 7.3% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in France

In value terms, compounds with other nitrogen function production surged to $X in 2022 estimated in export price. In general, production posted a notable expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 101%. Compounds with other nitrogen function production peaked in 2022 and is expected to retain growth in the near future.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from France

In 2022, overseas shipments of compounds with other nitrogen function (excluding isocyanates) increased by 76% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 118%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, compounds with other nitrogen function exports soared to $X in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for compounds with other nitrogen function exports from France, accounting for a 37% share of total exports. Moreover, compounds with other nitrogen function exports to Germany exceeded the volume sent to the second major destination, Bulgaria (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +58.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+54.6% per year) and the UK (+50.7% per year).

In value terms, Germany ($X) remains the key foreign market for compounds with other nitrogen function (excluding isocyanates) exports from France, comprising 55% of total exports. The second position in the ranking was held by the UK ($X), with an 11% share of total exports. It was followed by Bulgaria, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +62.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+51.4% per year) and Bulgaria (+53.0% per year).

Export Prices by Country

The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $X per ton in 2022, jumping by 32% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 2019 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Sweden ($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 Belarus (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into France

For the third consecutive year, France recorded growth in purchases abroad of compounds with other nitrogen function (excluding isocyanates), which increased by 48% to X tons in 2022. Overall, imports, however, faced a abrupt decrease. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, compounds with other nitrogen function imports soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of compounds with other nitrogen function imports to France, with a combined 75% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +36.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest compounds with other nitrogen function suppliers to France were the Netherlands ($X), China ($X) and Italy ($X), together comprising 85% of total imports.

Italy, with a CAGR of +50.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the import price enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 an increase of 96% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+59.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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