France: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in France

The French polycarboxylic acid market totaled $X in 2022, with an increase of 7% against the previous year. Overall, consumption, however, continues to indicate a mild decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Polycarboxylic Acid Production in France

In value terms, polycarboxylic acid production reached $X in 2022 estimated in export price. Overall, production recorded a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 72%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Polycarboxylic Acid Exports

Exports from France

In 2022, after two years of growth, there was significant decline in overseas shipments of polycarboxylic acids, when their volume decreased by -21% to X tons. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 662%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, polycarboxylic acid exports expanded remarkably to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 512%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Spain (X tons) and Italy (X tons) were the main destinations of polycarboxylic acid exports from France, together comprising 70% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +52.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for polycarboxylic acids exports from France, comprising 33% of total exports. The second position in the ranking was held by Italy ($X), with a 16% share of total exports. It was followed by Spain, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+16.4% per year) and Spain (+43.7% per year).

Export Prices by Country

In 2022, the average polycarboxylic acid export price amounted to $X per ton, with an increase of 35% against the previous year. In general, the export price, however, showed a perceptible contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Spain ($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 Mexico (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Polycarboxylic Acid Imports

Imports into France

In 2022, approx. X tons of polycarboxylic acids were imported into France; with a decrease of -8.4% against the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, polycarboxylic acid imports expanded sharply to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of polycarboxylic acid imports to France, with a combined 63% share of total imports. Italy, Portugal, Spain and China lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +218.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the largest polycarboxylic acid suppliers to France, together accounting for 61% of total imports. Italy, Portugal, Spain and China lagged somewhat behind, together accounting for a further 27%.

Portugal, with a CAGR of +200.0%, 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 polycarboxylic acid import price stood at $X per ton in 2022, jumping by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 40%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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