France: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in France

In 2022, after two years of growth, there was significant decline in the French reaction initiators and accelerators market, when its value decreased by -23.2% to $X. In general, consumption showed a relatively flat trend pattern. Reaction initiators and accelerators consumption peaked at $X in 2021, and then contracted dramatically in the following year.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in France

In value terms, reaction initiators and accelerators production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by 25% against the previous year. Reaction initiators and accelerators production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports from France

In 2022, overseas shipments of reaction initiators, reaction accelerators and catalytic preparations were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 38%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, reaction initiators and accelerators exports amounted to $X in 2022. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 49% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for reaction initiators and accelerators exports from France, with a 19% share of total exports. Moreover, reaction initiators and accelerators exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was held by the United States (X tons), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+25.8% per year) and the United States (+5.0% per year).

In value terms, Germany ($X), the UK ($X) and Italy ($X) were the largest markets for reaction initiators and accelerators exported from France worldwide, together accounting for 33% of total exports. The Czech Republic, China, South Korea, Belgium, the United States, Spain, Azerbaijan, Thailand, Greece and Russia lagged somewhat behind, together accounting for a further 40%.

The Czech Republic, with a CAGR of +40.9%, recorded the highest rates of growth with regard to 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

In 2022, the average reaction initiators and accelerators export price amounted to $X per ton, waning by -19.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($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 UK (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports into France

In 2022, the amount of reaction initiators, reaction accelerators and catalytic preparations imported into France contracted to X tons, reducing by -10.4% on 2021. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, reaction initiators and accelerators imports fell notably to $X in 2022. Over the period under review, total imports indicated slight growth from 2012 to 2022: its value 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. The most prominent rate of growth was recorded in 2017 when imports increased by 35%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest reaction initiators and accelerators supplier to France, accounting for a 49% share of total imports. Moreover, reaction initiators and accelerators imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.2% per year) and the Netherlands (-9.0% per year).

In value terms, Germany ($X) constituted the largest supplier of reaction initiators, reaction accelerators and catalytic preparations to France, comprising 47% of total imports. The second position in the ranking was taken by the UK ($X), with an 11% share of total imports. It was followed by Belgium, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.1% per year) and Belgium (+10.7% per year).

Import Prices by Country

In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, which is down by -12.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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