France: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in France

In 2022, after three years of growth, there was significant decline in the French prepared baking powder market, when its value decreased by -15.9% to $X. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Prepared baking powder consumption peaked at $X in 2021, and then fell notably in the following year.

Prepared Baking Powder Production in France

In value terms, prepared baking powder production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 77%. Prepared baking powder production peaked in 2022 and is likely to see steady growth in the near future.

Prepared Baking Powder Exports

Exports from France

After four years of decline, overseas shipments of prepared baking powders increased by 21% to X tons in 2022. In general, exports, however, saw a perceptible descent. The growth pace was the most rapid in 2013 with an increase of 76% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared baking powder exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 24%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for prepared baking powder exports from France, accounting for a 53% share of total exports. Moreover, prepared baking powder exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), sixfold. Italy (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, 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: Austria (+3.2% per year) and Italy (+5.2% per year).

In value terms, Germany ($X) remains the key foreign market for prepared baking powders exports from France, comprising 43% of total exports. The second position in the ranking was held by Spain ($X), with a 7.9% share of total exports. It was followed by Austria, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-10.8% per year) and Austria (+3.1% per year).

Export Prices by Country

In 2022, the average prepared baking powder export price amounted to $X per ton, surging by 1.8% against the previous year. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 98% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Luxembourg ($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 the United States (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into France

Prepared baking powder imports into France plummeted to X tons in 2022, with a decrease of -51.3% against 2021 figures. Overall, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 80%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared baking powder imports dropped remarkably to $X in 2022. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest prepared baking powder supplier to France, accounting for a 78% share of total imports. Moreover, prepared baking powder imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), eightfold. The third position in this ranking was taken by the Netherlands (X tons), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.7% per year) and the Netherlands (-10.4% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared baking powders to France, comprising 79% of total imports. The second position in the ranking was held by Poland ($X), with an 8.4% share of total imports. It was followed by the Netherlands, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.5% per year) and the Netherlands (-11.2% per year).

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, rising by 25% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared baking powder import price increased by +38.4% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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