France: Polyurethanes Market 2024

Polyurethanes Market Size in France

The French polyurethanes market soared to $X in 2021, jumping by 50% against the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Polyurethanes Production in France

In value terms, polyurethanes production soared to $X in 2021 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Polyurethanes production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Polyurethanes Exports

Exports from France

In 2021, approx. X tons of polyurethanes in primary forms were exported from France; increasing by 18% compared with the year before. The total export volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyurethanes exports surged to $X in 2021. The total export value increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for polyurethanes exports from France, with a 20% share of total exports. Moreover, polyurethanes exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), fourfold. India (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+14.0% per year) and India (+16.6% per year).

In value terms, Germany ($X) remains the key foreign market for polyurethanes in primary forms exports from France, comprising 21% of total exports. The second position in the ranking was held by China ($X), with a 6.1% share of total exports. It was followed by Poland, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+20.4% per year) and Poland (+12.0% per year).

Export Prices by Country

The average polyurethanes export price stood at $X per ton in 2021, growing by 18% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the 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 China ($X per ton), while the average price for exports to Malaysia ($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 China (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Polyurethanes Imports

Imports into France

In 2021, overseas purchases of polyurethanes in primary forms increased by 19% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyurethanes imports surged to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest polyurethanes supplier to France, with a 46% share of total imports. Moreover, polyurethanes imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Italy (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.8% per year) and Italy (-0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of polyurethanes in primary forms to France, comprising 49% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.8% per year) and Italy (-0.4% per year).

Import Prices by Country

The average polyurethanes import price stood at $X per ton in 2021, growing by 7.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 9.5% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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