France: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in France

For the fourth consecutive year, the French market for polyethylene terephthalate and other polyethylene terephthalate in primary forms recorded decline in sales value, which decreased by 0% to less than $X in 2022. Over the period under review, consumption showed a deep setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in France

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a sharp decrease. The pace of growth was the most pronounced in 2013 with an increase of 9.1%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from France

In 2020, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from France totaled X tons, increasing by 4.2% against the previous year. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. Over the period under review, the exports of reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms expanded modestly to $X in 2020. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 8.4% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2020, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from France, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Nigeria stood at +165.1%.

In value terms, Nigeria ($X) emerged as the key foreign market for polyethylene terephthalate and other polyethylene terephthalate in primary forms exports from France.

From 2012 to 2020, the average annual growth rate of value to Nigeria totaled +131.4%.

Export Prices by Country

In 2020, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, falling by -1.7% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2020, the rate of growth in terms of prices for Kenya amounted to +36.5% per year.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into France

Imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into France totaled X tons in 2016, approximately equating 2015. The total import volume increased at an average annual rate of +3.0% from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 15%. Imports peaked in 2016 and are expected to retain growth in years to come.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms dropped to $X in 2016. Overall, imports, however, continue to indicate a deep contraction. The smallest decline of -0.7% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to France, with a combined 63% share of total imports. Belgium, the UK, Lithuania, India, South Korea and Italy lagged somewhat behind, together comprising a further 31%.

From 2012 to 2016, the biggest increases were recorded for Belgium (with a CAGR of +71.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and Belgium ($X) appeared to be the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to France, with a combined 63% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +48.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2016, the average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, waning by -9.7% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 a decrease of -2% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Belgium ($X per ton), while the price for India ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Italy (-10.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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