France: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in France

After three years of growth, the French market for inorganic oxygen compounds of non-metals decreased by -17.5% to $X in 2021. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Inorganic oxygen compounds of non-metals consumption peaked at $X in 2020, and then dropped notably in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in France

In value terms, inorganic oxygen compounds of non-metals production fell dramatically to $X in 2021 estimated in export price. Overall, production faced a sharp decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by 45%. Over the period under review, production attained the peak level at $X in 2020, and then dropped rapidly in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from France

In 2021, inorganic oxygen compounds of non-metals exports from France soared to X tons, picking up by 79% on the year before. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals exports skyrocketed to $X in 2021. In general, total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.3% 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 +80.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), the UK (X tons) and Germany (X tons) were the main destinations of inorganic oxygen compounds of non-metals exports from France, with a combined 83% share of total exports. These countries were followed by Spain, Algeria and Italy, which together accounted for a further 9.1%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +36.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Belgium ($X) constituted the largest markets for inorganic oxygen compounds of non-metals exported from France worldwide, together comprising 60% of total exports. These countries were followed by Spain, Italy and Algeria, which together accounted for a further 16%.

Algeria, with a CAGR of +26.5%, saw the highest growth rate of the value of exports, in terms of 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 export price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, declining by -5.5% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 9.1%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($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 Italy (+3.3%), while the prices for the other major destinations experienced a decline.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into France

In 2021, imports of inorganic oxygen compounds of non-metals into France shrank rapidly to X tons, dropping by -31.9% compared with the previous year's figure. In general, imports, however, showed a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 113% against the previous year. As a result, imports attained the peak of X tons, and then contracted sharply in the following year.

In value terms, inorganic oxygen compounds of non-metals imports declined to $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Imports peaked at $X in 2020, and then declined modestly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest inorganic oxygen compounds of non-metals supplier to France, accounting for a 56% share of total imports. Moreover, inorganic oxygen compounds of non-metals imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+19.1% per year) and Belgium (+1.4% per year).

In value terms, Germany ($X) constituted the largest supplier of inorganic oxygen compounds of non-metals to France, comprising 39% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+47.2% per year) and Austria (-6.3% per year).

Import Prices by Country

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, rising by 45% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood 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 Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+40.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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