France: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in France

In 2021, the French polyethylene glycol and polyether market increased by 32% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a slight increase. Polyethylene glycol and polyether consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Polyethylene Glycols and Polyethers in Primary Forms in France

In value terms, polyethylene glycol and polyether production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports from France

In 2021, approx. X tons of polyethylene glycols and polyethers in primary forms were exported from France; surging by 2.1% on 2020 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 24%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, polyethylene glycol and polyether exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main destinations of polyethylene glycol and polyether exports from France, with a combined 38% share of total exports. These countries were followed by Spain, the UK, Serbia, Turkey, the Czech Republic, Slovakia, Belgium, Egypt, Austria and the Netherlands, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +124.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the largest markets for polyethylene glycol and polyether exported from France worldwide, together accounting for 35% of total exports. The UK, Spain, Serbia, the Czech Republic, Turkey, Egypt, Slovakia, Belgium, the Netherlands and Austria lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Serbia, with a CAGR of +122.8%, 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 2021, the average polyethylene glycol and polyether export price amounted to $X per ton, increasing by 37% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Serbia ($X per ton) and the UK ($X per ton), while the average price for exports to Slovakia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports into France

In 2021, purchases abroad of polyethylene glycols and polyethers in primary forms was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports saw a relatively flat trend pattern. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, polyethylene glycol and polyether imports surged to $X in 2021. In general, imports showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of polyethylene glycol and polyether imports to France, with a combined 74% share of total imports. These countries were followed by Spain, Italy and Japan, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +17.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene glycol and polyether suppliers to France were Germany ($X), Belgium ($X) and the Netherlands ($X), together accounting for 70% of total imports. These countries were followed by Spain, Italy and Japan, which together accounted for a further 23%.

Italy, with a CAGR of +13.6%, recorded the highest rates of growth with regard to 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 polyethylene glycol and polyether import price stood at $X per ton in 2021, surging by 34% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2021.

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 Italy ($X per ton), while the price for Belgium ($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 (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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