France: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in France

The French vulcanised rubber erases market fell notably to $X in 2021, which is down by -29% 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). Over the period under review, consumption, however, showed a tangible increase. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank remarkably in the following year.

Vulcanised Rubber Erases Exports

Exports from France

In 2021, the amount of erasers of vulcanised rubber exported from France surged to X tons, increasing by 26% compared with 2020. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 43%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, vulcanised rubber erases exports soared to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.8% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by 49%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for vulcanised rubber erases exports from France, accounting for a 31% share of total exports. Moreover, vulcanised rubber erases exports to Slovakia exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia amounted to +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.0% per year) and Germany (+17.0% per year).

In value terms, Germany ($X), Mexico ($X) and Slovakia ($X) constituted the largest markets for vulcanised rubber erases exported from France worldwide, together comprising 44% of total exports. These countries were followed by Spain, Portugal, Belgium, Italy, Poland, Sweden, the Netherlands, Greece, Brazil and the United Arab Emirates, which together accounted for a further 43%.

Sweden, with a CAGR of +50.8%, saw the highest rates of growth with regard to 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 vulcanised rubber erases export price stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 when the average export price increased by 22%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Slovakia ($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 Poland (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into France

Vulcanised rubber erases imports into France fell notably to X tons in 2021, dropping by -17.2% compared with 2020. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 44% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced dramatically in the following year.

In value terms, vulcanised rubber erases imports rose markedly to $X in 2021. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2017 with an increase of 52%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of vulcanised rubber erases imports to France, together comprising 61% of total imports. These countries were followed by Italy, Slovakia, Taiwan (Chinese), Spain and the UK, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +211.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) constituted the largest vulcanised rubber erases suppliers to France, together comprising 55% of total imports. Spain, Italy, Slovakia, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Slovakia, with a CAGR of +194.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, growing by 36% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 36%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :