France: Market for Polyethylene in Primary Forms 2024

Market Size for Polyethylene in Primary Forms in France

The French polyethylene in primary forms market shrank rapidly to $X in 2021, dropping by -37.9% against the previous year. Overall, consumption faced a deep reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Polyethylene in Primary Forms in France

In value terms, polyethylene in primary forms production fell markedly to $X in 2021 estimated in export price. Overall, production recorded a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 10% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Polyethylene in Primary Forms

Exports from France

For the third consecutive year, France recorded growth in shipments abroad of polyethylene in primary forms, which increased by 4.9% to X tons in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 14%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, polyethylene in primary forms exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main destinations of polyethylene in primary forms exports from France, together accounting for 58% of total exports. Belgium, the UK, the Netherlands, Poland, Switzerland, Austria and China lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene in primary forms exported from France were Germany ($X), Italy ($X) and Spain ($X), with a combined 59% share of total exports. Belgium, the UK, the Netherlands, Poland, Austria, Switzerland and China lagged somewhat behind, together accounting for a further 26%.

China, with a CAGR of +14.1%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average polyethylene in primary forms export price stood at $X per ton in 2021, increasing by 47% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Austria ($X per ton) and Germany ($X per ton), while the average price for exports to Spain ($X per ton) and Belgium ($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 Italy (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene in Primary Forms

Imports into France

In 2021, supplies from abroad of polyethylene in primary forms decreased by -2.2% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2016 with an increase of 6.6%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, polyethylene in primary forms imports skyrocketed to $X in 2021. In general, imports saw a slight decline. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of polyethylene in primary forms to France, accounting for a 32% share of total imports. Moreover, polyethylene in primary forms imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and Spain (+7.1% per year).

In value terms, Belgium ($X) constituted the largest supplier of polyethylene in primary forms to France, comprising 33% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.5% per year) and the Netherlands (-1.5% per year).

Import Prices by Country

The average polyethylene in primary forms import price stood at $X per ton in 2021, increasing by 58% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and the UK ($X per ton), while the price for Saudi Arabia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :