France: Polyphenols And Phenol-Alcohols Market 2024

Polyphenols And Phenol-Alcohols Market Size in France

The French polyphenols and phenol-alcohols market contracted to $X in 2022, which is down by -13.2% against the previous year. Overall, consumption recorded a perceptible shrinkage. Polyphenols and phenol-alcohols consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Polyphenols And Phenol-Alcohols Production in France

In value terms, polyphenols and phenol-alcohols production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of 1,123% against the previous year. Polyphenols and phenol-alcohols production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Polyphenols And Phenol-Alcohols Exports

Exports from France

In 2022, approx. X tons of polyphenols and phenol-alcohols were exported from France; approximately reflecting the previous year's figure. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,667%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, polyphenols and phenol-alcohols exports expanded rapidly to $X in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,343% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for polyphenols and phenol-alcohols exports from France, accounting for a 44% share of total exports. Moreover, polyphenols and phenol-alcohols exports to China exceeded the volume sent to the second major destination, India (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +203.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+417.2% per year) and Germany (+162.9% per year).

In value terms, India ($X), Germany ($X) and China ($X) appeared to be the largest markets for polyphenols and phenol-alcohols exported from France worldwide, with a combined 43% share of total exports. The UK, Belgium, the United States, Poland, the Czech Republic, the Netherlands, Japan, Italy and South Africa lagged somewhat behind, together comprising a further 40%.

Among the main countries of destination, South Africa, with a CAGR of +458.7%, 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 2022, the average polyphenols and phenol-alcohols export price amounted to $X per ton, growing by 7.9% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27%. The export price peaked at $X per ton in 2012; however, from 2013 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 Belgium ($X per ton), while the average price for exports to China ($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 Japan (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Polyphenols And Phenol-Alcohols Imports

Imports into France

Polyphenols and phenol-alcohols imports into France contracted to X tons in 2022, which is down by -14.1% on 2021 figures. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 27%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, polyphenols and phenol-alcohols imports expanded markedly to $X in 2022. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 39% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of polyphenols and phenol-alcohols imports to France, together comprising 68% of total imports. China, Taiwan (Chinese), the Netherlands, India, the UK, Japan and Denmark lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +38.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of polyphenols and phenol-alcohols to France, comprising 34% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.8% per year) and Belgium (+0.7% per year).

Import Prices by Country

In 2022, the average polyphenols and phenol-alcohols import price amounted to $X per ton, growing by 26% against the previous year. Overall, the import price, however, saw a mild decline. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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