France: Polyacetals Market 2024

Polyacetals Market Size in France

After two years of decline, the French polyacetals market increased by 32% to $X in 2021. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Polyacetals Production in France

In value terms, polyacetals production fell slightly to $X in 2021 estimated in export price. In general, production, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 177% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Polyacetals Exports

Exports from France

In 2021, approx. X tons of polyacetals in primary forms were exported from France; rising by 22% on the year before. Overall, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.7% against 2015 indices. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, polyacetals exports skyrocketed to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 33%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Tunisia (X tons) and Italy (X tons) were the main destinations of polyacetals exports from France, together comprising 48% of total exports. These countries were followed by the Czech Republic, Belgium, Morocco, Romania, the Netherlands, Poland, Turkey, Malaysia, Portugal and Slovakia, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +62.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Tunisia ($X) and the Czech Republic ($X) constituted the largest markets for polyacetals exported from France worldwide, with a combined 52% share of total exports. These countries were followed by Italy, Belgium, Poland, Morocco, Romania, Portugal, Slovakia, the Netherlands, Turkey and Malaysia, which together accounted for a further 36%.

Turkey, with a CAGR of +43.9%, recorded the highest growth rate of 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 polyacetals export price amounted to $X per ton, flattening at the previous year. In general, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Malaysia ($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 Czech Republic (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Polyacetals Imports

Imports into France

In 2021, supplies from abroad of polyacetals in primary forms was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, polyacetals imports surged to $X in 2021. The total import value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor 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

Belgium (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of polyacetals imports to France, together accounting for 81% of total imports. These countries were followed by Italy, the Netherlands, Japan, Slovakia and Poland, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +139.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyacetals suppliers to France were Belgium ($X), Germany ($X) and South Korea ($X), with a combined 83% share of total imports. Italy, the Netherlands, Japan, Poland and Slovakia lagged somewhat behind, together accounting for a further 13%.

Slovakia, with a CAGR of +111.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average polyacetals import price amounted to $X per ton, growing by 16% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Germany ($X per ton), while the price for Slovakia ($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 (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :