France: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in France

The French panel display manufacturing machine market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption continues to indicate pronounced growth. Panel display manufacturing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Machines For The Manufacture Of Flat Panel Displays in France

In value terms, panel display manufacturing machine production rose modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.4% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Panel display manufacturing machine production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from France

In 2021, after two years of growth, there was significant decline in shipments abroad of machines for the manufacture of flat panel displays, when their volume decreased by -58.3% to X units. Over the period under review, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 700% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, panel display manufacturing machine exports shrank sharply to $X in 2021. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by 973%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Taiwan (Chinese) (X units) and Algeria (X units) were the main destinations of panel display manufacturing machine exports from France, with a combined 90% share 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 Algeria (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the largest markets for panel display manufacturing machine exported from France were the United States ($X), Taiwan (Chinese) ($X) and Switzerland ($X), together comprising 98% of total exports. China and Algeria lagged somewhat behind, together comprising a further 1.2%.

Among the main countries of destination, China, with a CAGR of -1.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average panel display manufacturing machine export price stood at $X per unit in 2021, waning by -25.3% against the previous year. In general, the export price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 94% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Algeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+89.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into France

In 2021, overseas purchases of machines for the manufacture of flat panel displays increased by 67% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2014 with an increase of 10,740%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, panel display manufacturing machine imports contracted significantly to $X in 2021. Overall, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by 19,656%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of panel display manufacturing machine to France, accounting for a 60% share of total imports. Moreover, panel display manufacturing machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-33.9% per year) and South Korea (+20.1% per year).

In value terms, South Korea ($X) constituted the largest supplier of panel display manufacturing machine to France, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 27% share of total imports. It was followed by Japan, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from South Korea totaled +72.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.0% per year) and Japan (+68.7% per year).

Import Prices by Country

In 2021, the average panel display manufacturing machine import price amounted to $X per unit, shrinking by -67.6% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2020 an increase of 203% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 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, the country with the highest price was South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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