France: Vapour Power Unit Market 2024

Vapour Power Unit Market Size in France

In 2021, the French vapour power unit market decreased by -9.8% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Vapour Power Unit Production in France

In value terms, vapour power unit production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 28%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Vapour Power Unit Exports

Exports from France

Vapour power unit exports from France dropped significantly to X tons in 2021, with a decrease of -68% on 2020 figures. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2018 with an increase of 589%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, vapour power unit exports fell significantly to $X in 2021. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 281% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X kg), the United States (X kg) and South Korea (X kg) were the main destinations of vapour power unit exports from France, with a combined 52% share of total exports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +180.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and South Korea ($X) appeared to be the largest markets for vapour power unit exported from France worldwide, with a combined 69% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +193.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average vapour power unit export price amounted to $X per ton, shrinking by -28.2% against the previous year. Over the period under review, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 534%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Niger ($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 Germany (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Power Unit Imports

Imports into France

In 2021, overseas purchases of condensers for steam or other vapour power units decreased by -37.9% to X tons, falling for the third consecutive year after three years of growth. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2017 with an increase of 187%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, vapour power unit imports declined dramatically to $X in 2021. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 275% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of vapour power unit imports to France, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +85.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of vapour power unit to France, comprising 72% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by Germany, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+72.5% per year) and Germany (-21.8% per year).

Import Prices by Country

In 2021, the average vapour power unit import price amounted to $X per ton, declining by -9.6% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for the United Arab Emirates ($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 (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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