France: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in France

The French peroxides of sodium market surged to $X in 2021, picking up by 414% against the previous year. Overall, consumption, however, recorded a drastic downturn. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Peroxides Of Sodium Production in France

In value terms, peroxides of sodium production soared to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 46% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Peroxides Of Sodium Exports

Exports from France

Peroxides of sodium exports from France declined significantly to X tons in 2021, waning by -38.2% against 2020. Over the period under review, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 49%. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell sharply in the following year.

In value terms, peroxides of sodium exports shrank modestly to $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by 22%. Over the period under review, the exports attained the maximum at $X in 2020, and then declined modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for peroxides of sodium exports from France, with a 33% share of total exports. Moreover, peroxides of sodium exports to Germany exceeded the volume sent to the second major destination, South Africa (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+5.1% per year) and the United States (-2.6% per year).

In value terms, Germany ($X), South Africa ($X) and the UK ($X) constituted the largest markets for peroxides of sodium exported from France worldwide, with a combined 58% share of total exports. The United States, Belgium, Algeria, New Caledonia and Mauritius lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Algeria, with a CAGR of +11,285.4%, saw the highest growth rate of 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

The average peroxides of sodium export price stood at $X per ton in 2021, with an increase of 54% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Mauritius ($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 Mauritius (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Peroxides Of Sodium Imports

Imports into France

In 2021, the amount of peroxides of sodium or potassium imported into France expanded notably to X tons, increasing by 13% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by 183%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, peroxides of sodium imports skyrocketed to $X in 2021. Overall, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of 165%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of peroxides of sodium to France, accounting for a 58% share of total imports. Moreover, peroxides of sodium imports from Sweden exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at -16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.6% per year) and Germany (-10.9% per year).

In value terms, Sweden ($X), Belgium ($X) and Spain ($X) appeared to be the largest peroxides of sodium suppliers to France, together comprising 82% of total imports.

Spain, with a CAGR of +68.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average peroxides of sodium import price amounted to $X per ton, increasing by 8.9% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peroxides of sodium import price increased by +77.2% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 63%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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