France: Ether Market 2024

Ether Market Size in France

The French ether market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, showed a deep setback. 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.

Ether Production in France

In value terms, ether production fell rapidly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ether Exports

Exports from France

In 2022, overseas shipments of ethers increased by 38% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ether exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for ether exports from France, accounting for a 34% share of total exports. Moreover, ether exports to Italy exceeded the volume sent to the second major destination, Israel (X tons), twofold. Spain (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+5.2% per year) and Spain (+6.1% per year).

In value terms, Italy ($X) remains the key foreign market for ethers exports from France, comprising 35% of total exports. The second position in the ranking was held by Israel ($X), with a 12% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+6.0% per year) and Spain (+6.1% per year).

Export Prices by Country

The average ether export price stood at $X per ton in 2022, rising by 2.2% against the previous year. Over the period under review, the export price saw modest growth. The growth pace was the most rapid in 2021 when the average export price increased by 47% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Greece ($X per ton), while the average price for exports to Algeria ($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 Croatia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports

Imports into France

In 2022, the amount of ethers imported into France reduced rapidly to X tons, waning by -18.6% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 51%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, ether imports rose sharply to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by +113.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest ether supplier to France, accounting for a 83% share of total imports. Moreover, ether imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.6% per year) and Belgium (+5.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ethers to France, comprising 69% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Belgium, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and Belgium (+5.9% per year).

Import Prices by Country

In 2022, the average ether import price amounted to $X per ton, surging by 37% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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