France: Plant-Growth Regulators Market 2024

Plant-Growth Regulators Market Size in France

For the fourth consecutive year, the French plant-growth regulators market recorded growth in sales value, which increased by 12% to $X in 2022. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +42.4% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Plant-Growth Regulators Production in France

In value terms, plant-growth regulators production amounted to $X in 2022 estimated in export price. In general, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 32%. Plant-growth regulators production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Plant-Growth Regulators Exports

Exports from France

Plant-growth regulators exports from France dropped to X tons in 2022, reducing by -6.1% against the year before. Over the period under review, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 25% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, plant-growth regulators exports contracted to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of plant-growth regulators exports from France, together comprising 38% of total exports. Poland, Spain, Romania, the Netherlands, Denmark, Italy, Turkey, Ukraine, Hungary and Austria lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +10.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Poland ($X) appeared to be the largest markets for plant-growth regulators exported from France worldwide, together accounting for 31% of total exports. Romania, Denmark, Spain, Belgium, Italy, Ukraine, the Netherlands, Hungary, Turkey and Austria lagged somewhat behind, together accounting for a further 42%.

In terms of the main countries of destination, Denmark, with a CAGR of +12.6%, 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

In 2022, the average plant-growth regulators export price amounted to $X per ton, rising by 2.1% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plant-growth regulators export price increased by +69.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Belgium ($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 Romania (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plant-Growth Regulators Imports

Imports into France

In 2022, the amount of plant-growth regulators imported into France skyrocketed to X tons, rising by 19% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plant-growth regulators imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a mild decline. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and Ireland (X tons) were the main suppliers of plant-growth regulators imports to France, with a combined 61% share of total imports. Hungary, Israel, Italy, Portugal, Spain, Austria, the UK, the United States and Denmark lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +39.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ireland ($X) appeared to be the largest plant-growth regulators suppliers to France, with a combined 52% share of total imports. Italy, Hungary, Israel, Portugal, Spain, Austria, the United States, the UK and Denmark lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Portugal, with a CAGR of +32.0%, saw the highest growth rate of 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

In 2022, the average plant-growth regulators import price amounted to $X per ton, rising by 4.4% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform