France: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in France

In 2021, the French bitumen mixer market increased by 4.2% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by 9%. Bitumen mixer consumption peaked in 2021 and is expected to retain growth in the near future.

Bitumen Mixer Production in France

In value terms, bitumen mixer production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, faced a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 1,716%. Bitumen mixer production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Bitumen Mixer Exports

Exports from France

In 2021, shipments abroad of machines for mixing mineral substances with bitumen was finally on the rise to reach X units after two years of decline. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 295% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, bitumen mixer exports expanded remarkably to $X in 2021. Over the period under review, exports continue to indicate temperate growth. The growth pace was the most rapid in 2013 when exports increased by 132%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X units), Senegal (X units) and Mali (X units) were the main destinations of bitumen mixer exports from France, together accounting for 42% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +57.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bitumen mixer exported from France were Burkina Faso ($X), Senegal ($X) and Mali ($X), together comprising 39% of total exports.

Burkina Faso, with a CAGR of +89.0%, recorded the highest growth rate of the value of exports, among 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 bitumen mixer export price stood at $X per unit in 2021, which is down by -64.4% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 151% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Burkina Faso ($X per unit) and Senegal ($X per unit), while the average price for exports to Norway ($X per unit) and Equatorial Guinea ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bitumen Mixer Imports

Imports into France

Bitumen mixer imports into France dropped remarkably to X units in 2021, falling by -93.7% against the previous year's figure. In general, imports faced a sharp descent. The pace of growth was the most pronounced in 2017 with an increase of 883%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bitumen mixer imports dropped notably to $X in 2021. Over the period under review, imports showed a significant decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 1,243% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced rapidly in the following year.

Imports by Country

Spain (X units), the Netherlands (X units) and the United States (X units) were the main suppliers of bitumen mixer imports to France, with a combined 33% share of total imports. Moreover, bitumen mixer imports in Spain exceeded the figures recorded by the second-largest supplier, the Netherlands, twofold.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of machines for mixing mineral substances with bitumen to France, comprising 59% of total imports. The second position in the ranking was held by Spain ($X), with a 24% share of total imports. It was followed by Belgium, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-9.6% per year) and Belgium (+79.8% per year).

Import Prices by Country

The average bitumen mixer import price stood at $X per unit in 2021, which is down by -80% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 204% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+73.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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