France: Melamine Resins Market 2024

Melamine Resins Market Size in France

The French melamine resins market skyrocketed to $X in 2021, rising by 48% against the previous year. In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Melamine Resins Production in France

In value terms, melamine resins production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 80%. Melamine resins production peaked at $X in 2020, and then dropped in the following year.

Melamine Resins Exports

Exports from France

Melamine resins exports from France shrank significantly to X tons in 2021, dropping by -27.3% on the year before. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 43% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, melamine resins exports shrank remarkably to $X in 2021. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 38% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for melamine resins exports from France, accounting for a 37% share of total exports. Moreover, melamine resins exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+0.1% per year) and Germany (-8.9% per year).

In value terms, the largest markets for melamine resins exported from France were Italy ($X), Brazil ($X) and India ($X), with a combined 49% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +17.3%, recorded 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 melamine resins export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2016 an increase of 18%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, 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 the UK (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports

Imports into France

In 2021, the amount of melamine resins in primary forms imported into France surged to X tons, increasing by 20% compared with the previous year's figure. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 48%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, melamine resins imports soared to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest melamine resins supplier to France, accounting for a 80% share of total imports. Moreover, melamine resins imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.6% per year) and Spain (-15.1% per year).

In value terms, Belgium ($X) constituted the largest supplier of melamine resins in primary forms to France, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Slovenia, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Slovenia (+7.6% per year).

Import Prices by Country

The average melamine resins import price stood at $X per ton in 2021, growing by 38% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :