France: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in France

In 2021, the French reclaimed rubber market decreased by -62.1% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Reclaimed Rubber Production in France

In value terms, reclaimed rubber production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 472% against the previous year. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the near future.

Reclaimed Rubber Exports

Exports from France

Reclaimed rubber exports from France amounted to X tons in 2021, surging by 5.3% compared with 2020. Over the period under review, exports, however, saw a dramatic downturn. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, reclaimed rubber exports skyrocketed to $X in 2021. In general, exports, however, faced a deep contraction. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Canada (X tons) and Russia (X tons) were the main destinations of reclaimed rubber exports from France, with a combined 73% share of total exports. Australia, Belgium, the Netherlands, Switzerland, Germany, the United States, Romania, Spain and Slovenia lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +53.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for reclaimed rubber exported from France were the UK ($X), Canada ($X) and Belgium ($X), with a combined 65% share of total exports. These countries were followed by Russia, Switzerland, Australia, the Netherlands, Germany, Romania, the United States, Spain and Slovenia, which together accounted for a further 26%.

Australia, with a CAGR of +60.2%, saw 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

The average reclaimed rubber export price stood at $X per ton in 2021, picking up by 57% against the previous year. Overall, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($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 Spain (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Reclaimed Rubber Imports

Imports into France

In 2021, the amount of reclaimed rubber imported into France soared to X tons, rising by 28% against the previous year. Over the period under review, imports saw strong growth. The pace of growth was the most pronounced in 2015 when imports increased by 56% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, reclaimed rubber imports surged to $X in 2021. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 95%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) were the main suppliers of reclaimed rubber imports to France, with a combined 67% share of total imports. Portugal, India, Spain and Belgium lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +34.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest reclaimed rubber suppliers to France were the Netherlands ($X), the UK ($X) and Germany ($X), together comprising 62% of total imports. Spain, Belgium, India and Portugal lagged somewhat behind, together comprising a further 21%.

Belgium, with a CAGR of +38.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average reclaimed rubber import price amounted to $X per ton, with a decrease of -2.6% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 64%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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