France: Azo- Or Azoxy-Compounds Market 2024

Azo- Or Azoxy-Compounds Market Size in France

In 2022, the French azo- or azoxy-compounds market increased by 11% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Azo- Or Azoxy-Compounds Production in France

In value terms, azo- or azoxy-compounds production dropped rapidly to $X in 2022 estimated in export price. In general, production saw a deep slump. The growth pace was the most rapid in 2021 when the production volume increased by 46%. Azo- or azoxy-compounds production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Azo- Or Azoxy-Compounds Exports

Exports from France

In 2022, shipments abroad of diazo-, azo- or azoxy-compounds decreased by -23.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 5.8%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, azo- or azoxy-compounds exports contracted to $X in 2022. In general, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2019 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Italy (X tons) and Sweden (X tons) were the main destinations of azo- or azoxy-compounds exports from France, together accounting for 81% of total exports. Germany, the UK, India, Estonia, Belgium and the Netherlands lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +113.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Italy ($X) and Sweden ($X) appeared to be the largest markets for azo- or azoxy-compounds exported from France worldwide, with a combined 82% share of total exports. Germany, Estonia, India, the UK, Belgium and the Netherlands lagged somewhat behind, together comprising a further 12%.

Among the main countries of destination, India, with a CAGR of +122.4%, saw 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 2022, the average azo- or azoxy-compounds export price amounted to $X per ton, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Germany ($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 the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Azo- Or Azoxy-Compounds Imports

Imports into France

In 2022, approx. X tons of diazo-, azo- or azoxy-compounds were imported into France; shrinking by -8.6% against the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, azo- or azoxy-compounds imports expanded sharply to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Spain (X tons), China (X tons) and India (X tons) were the main suppliers of azo- or azoxy-compounds imports to France, together accounting for 51% of total imports. Germany, the UK, Indonesia and Italy lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +4.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Germany ($X) appeared to be the largest azo- or azoxy-compounds suppliers to France, together comprising 62% of total imports.

China, with a CAGR of +8.8%, 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

In 2022, the average azo- or azoxy-compounds import price amounted to $X per ton, increasing by 25% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, azo- or azoxy-compounds import price increased by +47.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 India ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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