France: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in France

For the fourth consecutive year, the French ketone and quinone market recorded decline in sales value, which decreased by -70.7% to $X in 2021. Over the period under review, consumption faced a abrupt downturn. Ketone and quinone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ketone And Quinone Production in France

In value terms, ketone and quinone production contracted sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by 11% against the previous year. Ketone and quinone production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ketone And Quinone Exports

Exports from France

In 2021, the amount of ketones and quinones exported from France soared to X tons, growing by 48% compared with the previous year. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, ketone and quinone exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main destinations of ketone and quinone exports from France, together accounting for 60% of total exports. These countries were followed by Switzerland, the United States, Belgium, China, Taiwan (Chinese), Austria and the UK, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +18.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ketone and quinone exported from France were Germany ($X), the United States ($X) and Italy ($X), with a combined 44% share of total exports. These countries were followed by Spain, Switzerland, Belgium, the UK, Taiwan (Chinese), Austria and China, which together accounted for a further 35%.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of +10.0%, 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

In 2021, the average ketone and quinone export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($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 Spain (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone And Quinone Imports

Imports into France

In 2021, overseas purchases of ketones and quinones decreased by -12.7% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 51%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, ketone and quinone imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of ketone and quinone imports to France, together accounting for 70% of total imports. The Netherlands, Italy, Switzerland and China lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +10.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the Netherlands ($X) constituted the largest ketone and quinone suppliers to France, with a combined 50% share of total imports. Belgium, Spain, China and Italy lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Belgium, with a CAGR of +9.1%, saw the highest growth rate of the value of imports, 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 ketone and quinone import price amounted to $X per ton, with an increase of 34% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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