France: Imines Market 2024

Imines Market Size in France

In 2021, the French imines market decreased by -21.8% to $X, falling for the third consecutive year after three years of growth. In general, consumption saw a abrupt slump. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Imines Production in France

In value terms, imines production totaled $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +10.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 89% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Imines Exports

Exports from France

In 2021, the amount of imines and their derivatives and salts thereof exported from France reduced to X tons, approximately reflecting the previous year. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 36%. Over the period under review, the exports attained the maximum at X tons in 2020, and then reduced slightly in the following year.

In value terms, imines exports surged to $X in 2021. Overall, exports, however, saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Spain (X tons) and Germany (X tons) were the main destinations of imines exports from France, with a combined 46% share of total exports. The United States, Brazil, Switzerland, Algeria, Turkey, Italy, Pakistan, Mexico, Russia and Iran lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +244.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for imines and their derivatives and salts thereof exports from France, comprising 39% of total exports. The second position in the ranking was taken by Mexico ($X), with an 18% share of total exports. It was followed by Russia, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+33.0% per year) and Russia (+101.7% per year).

Export Prices by Country

The average imines export price stood at $X per ton in 2021, rising by 59% against the previous year. Overall, the export price, however, saw a mild descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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, the country with the highest price was Mexico ($X per ton), while the average price for exports to Turkey ($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 Mexico (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imines Imports

Imports into France

In 2021, purchases abroad of imines and their derivatives and salts thereof decreased by -39.4% to X tons for the first time since 2014, thus ending a six-year rising trend. In general, imports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, imines imports shrank rapidly to $X in 2021. Over the period under review, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

Brazil (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of imines imports to France, together comprising 47% of total imports. These countries were followed by Belgium, China, Poland, the Netherlands, Lithuania, Turkey, the Czech Republic, South Korea, the UK and Japan, which together accounted for a further 49%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +131.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest imines suppliers to France were Belgium ($X), Germany ($X) and Brazil ($X), with a combined 51% share of total imports. These countries were followed by China, Spain, Turkey, the Netherlands, Poland, the UK, Lithuania, South Korea, the Czech Republic and Japan, which together accounted for a further 40%.

Lithuania, with a CAGR of +77.9%, recorded 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

In 2021, the average imines import price amounted to $X per ton, growing by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2015 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, the country with the highest price was Turkey ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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