France: Quinones Market 2024

Quinones Market Size in France

The French quinones market declined to $X in 2022, with a decrease of -12.7% against the previous year. Overall, consumption recorded a abrupt contraction. Quinones consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Quinones Production in France

In value terms, quinones production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume decreased by 99.9% against the previous year. Quinones production peaked in 2022 and is likely to see steady growth in the near future.

Quinones Exports

Exports from France

In 2022, the amount of quinones exported from France surged to X tons, increasing by 18% on the year before. In general, exports, however, saw a noticeable slump. The pace of growth was the most pronounced in 2019 with an increase of 600%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, quinones exports skyrocketed to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 1,316% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for quinones exports from France, with a 46% share of total exports. Moreover, quinones exports to Spain exceeded the volume sent to the second major destination, the United States (X kg), twofold. The third position in this ranking was taken by Italy (X kg), with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.6% per year) and Italy (-11.8% per year).

In value terms, the largest markets for quinones exported from France were Spain ($X), the United States ($X) and India ($X), together comprising 86% of total exports.

India, with a CAGR of +62.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average quinones export price stood at $X per ton in 2022, rising by 83% against the previous year. Overall, the export price continues to indicate a measured increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 Morocco (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Quinones Imports

Imports into France

In 2022, quinones imports into France contracted rapidly to X tons, which is down by -18.9% compared with 2021 figures. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 48% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, quinones imports declined to $X in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 51%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest quinones supplier to France, accounting for a 64% share of total imports. Moreover, quinones imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.7% per year) and the Netherlands (+83.9% per year).

In value terms, China ($X) constituted the largest supplier of quinones to France, comprising 56% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total imports. It was followed by Belgium, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+113.8% per year) and Belgium (-9.5% per year).

Import Prices by Country

The average quinones import price stood at $X per ton in 2022, rising by 22% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quinones import price decreased by -26.0% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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