France: Plastic Furniture Fittings Market 2024

Plastic Furniture Fittings Market Size in France

The French plastic furniture fittings market reached $X in 2021, remaining constant against the previous year. In general, consumption showed a relatively flat trend pattern. Plastic furniture fittings consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Plastic Furniture Fittings Production in France

In value terms, plastic furniture fittings production amounted to $X in 2021 estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 53%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Plastic Furniture Fittings Exports

Exports from France

In 2021, overseas shipments of plastic fittings for furniture decreased by -9.2% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 25% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, plastic furniture fittings exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and Spain (X tons) were the main destinations of plastic furniture fittings exports from France, together comprising 42% of total exports. These countries were followed by Morocco, Slovakia, Belgium, Turkey, Tunisia, Romania, Italy, the Czech Republic, Austria and Poland, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic furniture fittings exported from France were the UK ($X), Germany ($X) and Spain ($X), with a combined 41% share of total exports. Morocco, Belgium, Austria, Italy, Turkey, Romania, Slovakia, the Czech Republic, Tunisia and Poland lagged somewhat behind, together accounting for a further 37%.

Austria, with a CAGR of +23.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic furniture fittings export price amounted to $X per ton, picking up by 26% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The export price peaked at $X per ton in 2013; however, from 2014 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 Austria ($X per ton), while the average price for exports to Slovakia ($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 Austria (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Fittings Imports

Imports into France

In 2021, imports of plastic fittings for furniture into France rose modestly to X tons, surging by 3.5% against the previous year. Over the period under review, imports, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 30%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, plastic furniture fittings imports skyrocketed to $X in 2021. Overall, total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.9% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 18% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of plastic furniture fittings imports to France, together accounting for 49% of total imports. Slovakia, Portugal, China, the Czech Republic, Tunisia, Turkey, Belgium, Luxembourg, the UK and Poland lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic furniture fittings suppliers to France were Germany ($X), Italy ($X) and Spain ($X), with a combined 52% share of total imports. Slovakia, Portugal, China, the UK, the Czech Republic, Belgium, Tunisia, Turkey, Poland and Luxembourg lagged somewhat behind, together comprising a further 35%.

Slovakia, with a CAGR of +16.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic furniture fittings import price stood at $X per ton in 2021, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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