France: Iron Oxide Pigment Market 2024

Iron Oxide Pigment Market Size in France

The French iron oxide pigment market declined sharply to $X in 2021, which is down by -90.4% against the previous year. Overall, consumption faced a dramatic decline. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Iron Oxide Pigment Production in France

In value terms, iron oxide pigment production dropped to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of 51%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Iron Oxide Pigment Exports

Exports from France

In 2021, approx. X tons of iron oxide pigments were exported from France; jumping by 40% on the previous year. Over the period under review, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 with an increase of 80% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, iron oxide pigment exports amounted to $X in 2021. Overall, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.0% 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 decreased by -29.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 30%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main destinations of iron oxide pigment exports from France, with a combined 64% share of total exports. These countries were followed by Belgium, the Netherlands, Japan and Poland, 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 Poland (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and the Netherlands ($X) constituted the largest markets for iron oxide pigment exported from France worldwide, with a combined 54% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +27.2%, saw the highest growth rate of 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

The average iron oxide pigment export price stood at $X per ton in 2021, with a decrease of -25.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 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 Belgium ($X per ton), while the average price for exports to Japan ($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 the Netherlands (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Oxide Pigment Imports

Imports into France

In 2021, approx. X tons of iron oxide pigments were imported into France; increasing by 6.8% on the previous year. Overall, imports, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 55%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, iron oxide pigment imports surged to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of iron oxide pigment imports to France, with a combined 69% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +28.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron oxide pigments to France, comprising 44% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.3% per year) and Belgium (+1.0% per year).

Import Prices by Country

In 2021, the average iron oxide pigment import price amounted to $X per ton, increasing by 18% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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