France: Prepared Binders Market 2024

Prepared Binders Market Size in France

The French prepared binders market was finally on the rise to reach $X in 2021, after six years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Binders Production in France

In value terms, prepared binders production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild slump. The growth pace was the most rapid in 2018 when the production volume increased by 93%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Prepared Binders Exports

Exports from France

In 2021, shipments abroad of prepared binders for foundry moulds or cores was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 75%. Over the period under review, the exports reached the maximum at X tons in 2017; afterwards, it flattened through to 2021.

In value terms, prepared binders exports expanded rapidly to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 52%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for prepared binders exports from France, accounting for a 56% share of total exports. Moreover, prepared binders exports to Portugal exceeded the volume sent to the second major destination, Pakistan (X tons), fivefold. Belgium (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+149.7% per year) and Belgium (-6.1% per year).

In value terms, Portugal ($X), Belgium ($X) and Bulgaria ($X) appeared to be the largest markets for prepared binders exported from France worldwide, together accounting for 54% of total exports. These countries were followed by Pakistan, Turkey, Germany and Tunisia, which together accounted for a further 15%.

In terms of the main countries of destination, Pakistan, with a CAGR of +106.7%, 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 2021, the average prepared binders export price amounted to $X per ton, waning by -23.8% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 39%. 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 country of destination: the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Tunisia ($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 Belgium (+0.6%), while the prices for the other major destinations experienced a decline.

Prepared Binders Imports

Imports into France

In 2021, supplies from abroad of prepared binders for foundry moulds or cores increased by 4% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.6% against 2017 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, prepared binders imports surged to $X in 2021. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest prepared binders supplier to France, with a 62% share of total imports. Moreover, prepared binders imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+40.2% per year) and Italy (-1.0% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared binders for foundry moulds or cores to France, comprising 45% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports. It was followed by Italy, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+34.4% per year) and Italy (+0.3% per year).

Import Prices by Country

The average prepared binders import price stood at $X per ton in 2021, increasing by 19% against the previous year. In general, the import price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Germany ($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 UK (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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