France: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in France

In 2021, the French denatured ethyl alcohol market increased by 41% to $X, rising for the third consecutive year after three years of decline. Overall, consumption, however, saw a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Denatured Ethyl Alcohol Production in France

In value terms, denatured ethyl alcohol production shrank to $X in 2021 estimated in export price. Over the period under review, production recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Denatured ethyl alcohol production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Denatured Ethyl Alcohol Exports

Exports from France

After two years of growth, overseas shipments of denatured ethyl alcohol and other denatured spirits decreased by -29% to X tons in 2021. In general, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, denatured ethyl alcohol exports contracted notably to $X in 2021. Over the period under review, exports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for denatured ethyl alcohol exports from France, with a 46% share of total exports. Moreover, denatured ethyl alcohol exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-3.8% per year) and Spain (-7.3% per year).

In value terms, Germany ($X) remains the key foreign market for denatured ethyl alcohol and other denatured spirits exports from France, comprising 42% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-3.8% per year) and Spain (-6.8% per year).

Export Prices by Country

In 2021, the average denatured ethyl alcohol export price amounted to $X per ton, increasing by 12% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2021, the highest price was recorded for prices to the United Arab Emirates ($X per ton) and Poland ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports

Imports into France

For the third year in a row, France recorded growth in overseas purchases of denatured ethyl alcohol and other denatured spirits, which increased by 11% to X tons in 2021. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 91% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, denatured ethyl alcohol imports skyrocketed to $X in 2021. Overall, imports posted tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Belgium (X tons) constituted the largest denatured ethyl alcohol supplier to France, accounting for a 53% share of total imports. Moreover, denatured ethyl alcohol imports from Belgium exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+31.1% per year) and Germany (-1.5% per year).

In value terms, Germany ($X), Belgium ($X) and Switzerland ($X) constituted the largest denatured ethyl alcohol suppliers to France, with a combined 74% share of total imports. These countries were followed by the Netherlands, Hungary, the UK and Brazil, which together accounted for a further 22%.

Hungary, with a CAGR of +115.6%, recorded the highest growth rate of 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

The average denatured ethyl alcohol import price stood at $X per ton in 2021, jumping by 16% against the previous year. Overall, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2018 an increase of 61%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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