France: Magnetic Media Market 2024

Magnetic Media Market Size in France

The French magnetic media market skyrocketed to $X in 2021, picking up by 19% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Magnetic media consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Magnetic Media Production in France

In value terms, magnetic media production reduced slightly to $X in 2021 estimated in export price. In general, production showed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 159%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Magnetic Media Exports

Exports from France

In 2021, shipments abroad of magnetic media, not recorded, except cards with a magnetic stripe was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 63%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, magnetic media exports contracted to $X in 2021. In general, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for magnetic media exports from France, accounting for a 35% share of total exports. Moreover, magnetic media exports to Germany exceeded the volume sent to the second major destination, the UK (X units), threefold. Denmark (X units) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-7.4% per year) and Denmark (+54.1% per year).

In value terms, Germany ($X) remains the key foreign market for magnetic media, not recorded, except cards with a magnetic stripe exports from France, comprising 38% of total exports. The second position in the ranking was taken by Denmark ($X), with a 9.5% share of total exports. It was followed by the UK, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+34.0% per year) and the UK (-13.4% per year).

Export Prices by Country

In 2021, the average magnetic media export price amounted to $X per unit, dropping by -25.6% against the previous year. Overall, the export price, however, showed noticeable growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK ($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 Belgium (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Magnetic Media Imports

Imports into France

In 2021, supplies from abroad of magnetic media, not recorded, except cards with a magnetic stripe increased by 49% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports saw a prominent increase. The growth pace was the most rapid in 2018 when imports increased by 55% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, magnetic media imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 55%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Germany (X units) and Japan (X units) were the main suppliers of magnetic media imports to France, with a combined 55% share of total imports. These countries were followed by the Netherlands, the United States, Morocco, Belgium, Ireland, China and the UK, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of +169.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest magnetic media suppliers to France were the Czech Republic ($X), Japan ($X) and Germany ($X), together comprising 68% of total imports. The Netherlands, Morocco, the United States, Belgium, Ireland, the UK and China lagged somewhat behind, together accounting for a further 25%.

Morocco, with a CAGR of +139.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 magnetic media import price amounted to $X per unit, dropping by -8.1% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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