France: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2024

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in France

The French silicon-electrical steel flat-rolled product market skyrocketed to $X in 2021, picking up by 30% against the previous year. Overall, consumption, however, continues to indicate a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Flat-Rolled Products Of Silicon-Electrical Steel in France

In value terms, silicon-electrical steel flat-rolled product production expanded significantly to $X in 2021 estimated in export price. In general, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 6.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from France

In 2021, overseas shipments of flat-rolled products of silicon-electrical steel were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a modest increase. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, silicon-electrical steel flat-rolled product exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main destinations of silicon-electrical steel flat-rolled product exports from France, together accounting for 52% of total exports. These countries were followed by Switzerland, China, Slovenia, Poland, the United States, Pakistan, India, Austria, Brazil and Turkey, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +60.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silicon-electrical steel flat-rolled product exported from France were Germany ($X), Spain ($X) and Italy ($X), with a combined 50% share of total exports. Slovenia, Poland, Switzerland, China, Brazil, Austria, Turkey, the United States, Pakistan and India lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Slovenia, with a CAGR of +55.8%, saw the highest rates of growth with regard to 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 silicon-electrical steel flat-rolled product export price amounted to $X per ton, picking up by 40% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to India ($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 Brazil (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into France

In 2021, the amount of flat-rolled products of silicon-electrical steel imported into France soared to X tons, growing by 66% compared with the previous year's figure. Over the period under review, imports, however, recorded a pronounced setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, silicon-electrical steel flat-rolled product imports skyrocketed to $X in 2021. In general, imports, however, recorded a pronounced decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of silicon-electrical steel flat-rolled product to France, accounting for a 89% share of total imports. Moreover, silicon-electrical steel flat-rolled product imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The Czech Republic (X tons) ranked third in terms of total imports with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+110.4% per year) and the Czech Republic (-17.1% per year).

In value terms, Germany ($X) constituted the largest supplier of flat-rolled products of silicon-electrical steel to France, comprising 81% of total imports. The second position in the ranking was taken by Austria ($X), with a 5.6% share of total imports. It was followed by the Czech Republic, with a 2% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+96.4% per year) and the Czech Republic (-16.8% per year).

Import Prices by Country

In 2021, the average silicon-electrical steel flat-rolled product import price amounted to $X per ton, picking up by 18% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :