France: Lysine Market 2024

Lysine Market Size in France

The French lysine market soared to $X in 2022, growing by 114% against the previous year. Over the period under review, consumption saw a prominent increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Lysine Production in France

In value terms, lysine production stood at $X in 2022 estimated in export price. In general, production showed a measured expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 52%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Lysine Exports

Exports from France

In 2022, lysine exports from France contracted dramatically to X tons, waning by -48.1% against the previous year's figure. Over the period under review, exports recorded a dramatic shrinkage. The exports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, lysine exports reduced dramatically to $X in 2022. In general, exports showed a significant decrease. Over the period under review, the exports attained the maximum at $X in 2021, and then fell notably in the following year.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of lysine exports from France, with a combined 52% share of total exports. The UK, Ireland, Spain, Italy, Austria and Poland lagged somewhat behind, together comprising a further 37%.

From 2021 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) remains the key foreign market for lysine and its esters, and salts thereof exports from France, comprising 23% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports. It was followed by Germany, with an 11% share.

From 2021 to 2022, the average annual growth rate of value to the Netherlands amounted to -42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (0.0% per year) and Germany (-46.7% per year).

Export Prices by Country

In 2022, the average lysine export price amounted to $X per ton, surging by 32% against the previous year. Over the last one-year period, it increased at an average annual rate of +32.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, 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 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lysine Imports

Imports into France

In 2022, imports of lysine and its esters, and salts thereof into France rose sharply to X tons, surging by 12% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 31%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, lysine imports skyrocketed to $X in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of lysine imports to France, with a combined 79% share of total imports. Belgium, Brazil, Spain, China, Indonesia and the United States lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +35.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), South Korea ($X) and Germany ($X) constituted the largest lysine suppliers to France, together accounting for 75% of total imports. Belgium, Brazil, China, Spain, Indonesia and the United States lagged somewhat behind, together comprising a further 23%.

Spain, with a CAGR of +28.4%, 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

The average lysine import price stood at $X per ton in 2022, picking up by 36% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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