France: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in France

In 2022, the French odoriferous substance mixture market decreased by -64.9% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a deep slump. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Odoriferous Substance Mixture Production in France

In value terms, odoriferous substance mixture production declined to $X in 2022 estimated in export price. In general, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 17% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Odoriferous Substance Mixture Exports

Exports from France

In 2022, the amount of mixtures of odoriferous substances and their preparations exported from France reached X tons, growing by 3.9% against 2021. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, odoriferous substance mixture exports shrank to $X in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

Germany (X tons), Spain (X tons) and Italy (X tons) were the main destinations of odoriferous substance mixture exports from France, with a combined 29% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for odoriferous substance mixture exported from France were Germany ($X), Spain ($X) and Italy ($X), together comprising 35% of total exports. Poland, the United Arab Emirates, Russia, the UK, the Netherlands, Belgium, Algeria, Hungary, Turkey and Ireland lagged somewhat behind, together comprising a further 28%.

Among the main countries of destination, Hungary, with a CAGR of +11.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average odoriferous substance mixture export price amounted to $X per ton, waning by -5.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into France

Odoriferous substance mixture imports into France contracted modestly to X tons in 2022, shrinking by -2.1% compared with the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 46% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, odoriferous substance mixture imports totaled $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest odoriferous substance mixture supplier to France, accounting for a 35% share of total imports. Moreover, odoriferous substance mixture imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Spain (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.4% per year) and Spain (+4.4% per year).

In value terms, the largest odoriferous substance mixture suppliers to France were Switzerland ($X), Ireland ($X) and the UK ($X), with a combined 70% share of total imports. Germany, the Netherlands, Spain and Belgium lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Belgium, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, picking up by 2.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 30%. The import price peaked at $X per ton in 2013; however, from 2014 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 Ireland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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