France: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in France

In 2021, the French pharmaceutical rubber articles market decreased by -6.5% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.3% against 2017 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Pharmaceutical Rubber Articles Production in France

In value terms, pharmaceutical rubber articles production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 24%. Pharmaceutical rubber articles production peaked at $X in 2020, and then fell in the following year.

Pharmaceutical Rubber Articles Exports

Exports from France

In 2021, shipments abroad of hygienic or pharmaceutical articles of rubber decreased by -23.6% to X units for the first time since 2018, thus ending a two-year rising trend. In general, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.5% against 2018 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, pharmaceutical rubber articles exports soared to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 15% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), Italy (X units) and China (X units) were the main destinations of pharmaceutical rubber articles exports from France, together comprising 52% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +25.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) were the largest markets for pharmaceutical rubber articles exported from France worldwide, with a combined 55% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +31.1%, recorded 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 pharmaceutical rubber articles export price amounted to $X per unit, increasing by 51% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. 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 2021, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports

Imports into France

After three years of growth, supplies from abroad of hygienic or pharmaceutical articles of rubber decreased by -23.1% to X units in 2021. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 31%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, pharmaceutical rubber articles imports amounted to $X in 2021. Over the period under review, imports saw a perceptible decline. The growth pace was the most rapid in 2020 when imports increased by 13%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of pharmaceutical rubber articles imports to France, with a combined 63% share of total imports. Germany, Italy, Spain, the UK and Malaysia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +16.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pharmaceutical rubber articles suppliers to France were Belgium ($X), the Netherlands ($X) and the UK ($X), with a combined 55% share of total imports.

The UK, with a CAGR of +40.7%, saw the highest rates of growth with regard to 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 pharmaceutical rubber articles import price stood at $X per unit in 2021, surging by 46% against the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pharmaceutical rubber articles import price increased by +51.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :