France: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in France

The French market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021, picking up by 25% against the previous year. In general, consumption, however, continues to indicate a mild decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in France

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports from France

In 2021, shipments abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt contraction. Over the period under review, the exports of attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from France, with a 61% share of total exports. Moreover, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fivefold. Belgium (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+13.4% per year) and Belgium (-13.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exports from France, comprising 53% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by Belgium, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.3% per year) and Belgium (-12.0% per year).

Export Prices by Country

The average export price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, rising by 28% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2019 when the average export price increased by 38%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports into France

Imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning into France contracted to X tons in 2021, waning by -6.2% against 2020. In general, imports showed a slight decrease. The pace of growth was the most pronounced in 2016 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021. Over the period under review, imports continue to indicate 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

In 2021, Belgium (X tons) constituted the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning supplier to France, with a 48% share of total imports. Moreover, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Belgium exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. Denmark (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+6.0% per year) and Denmark (-7.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to France, comprising 43% of total imports. The second position in the ranking was held by Austria ($X), with a 17% share of total imports. It was followed by Denmark, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+7.6% per year) and Denmark (-7.0% per year).

Import Prices by Country

In 2021, the average import price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, picking up by 38% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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