France: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in France

The French market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in France

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) totaled $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 83% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from France

In 2021, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from France contracted remarkably to X tons, waning by -18.3% compared with 2020. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 261% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) dropped to $X in 2021. In general, exports saw a perceptible slump. The pace of growth was the most pronounced in 2019 when exports increased by 145% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Tunisia (X tons) was the main destination for exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from France, accounting for a 42% share of total exports. Moreover, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Tunisia exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume to Tunisia amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+13.1% per year) and Italy (+2.9% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports from France, comprising 23% of total exports. The second position in the ranking was held by Sweden ($X), with a 9.5% share of total exports. It was followed by Croatia, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+26.0% per year) and Croatia (+86.4% per year).

Export Prices by Country

The average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2021, rising by 22% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 91% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Tunisia ($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 Sweden (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into France

In 2021, after three years of decline, there was significant growth in supplies from abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), when their volume increased by 44% to X tons. Overall, imports, however, showed a noticeable shrinkage. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to France, accounting for a 43% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-4.6% per year) and Belgium (-0.7% per year).

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to France were Belgium ($X), Japan ($X) and China ($X), with a combined 75% share of total imports. These countries were followed by the United States, Germany, the Netherlands, Thailand and Italy, which together accounted for a further 22%.

The Netherlands, with a CAGR of +44.9%, saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, with a decrease of -12% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 14%. The import price peaked at $X per ton in 2019; however, from 2020 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 Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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