France: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in France

In 2022, the French saturated acyclic hydrocarbons market decreased by -22.7% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a abrupt setback. Saturated acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Saturated Acyclic Hydrocarbons Production in France

In value terms, saturated acyclic hydrocarbons production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,875% against the previous year. Saturated acyclic hydrocarbons production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from France

In 2022, saturated acyclic hydrocarbons exports from France soared to X tons, picking up by 60% against 2021 figures. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 131%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, saturated acyclic hydrocarbons exports contracted slightly to $X in 2022. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for saturated acyclic hydrocarbons exports from France, accounting for a 80% share of total exports. Moreover, saturated acyclic hydrocarbons exports to the Netherlands exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +66.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+24.1% per year) and Germany (+7.3% per year).

In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) were the largest markets for saturated acyclic hydrocarbons exported from France worldwide, together comprising 51% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +34.3%, recorded the highest rates of growth with regard to 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 2022, the average saturated acyclic hydrocarbons export price amounted to $X per ton, declining by -39.8% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 Tunisia ($X per ton), while the average price for exports to the Netherlands ($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 Tunisia (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Saturated Acyclic Hydrocarbons Imports

Imports into France

In 2022, overseas purchases of saturated acyclic hydrocarbons decreased by -21.1% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 121%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports expanded sharply to $X in 2022. Over the period under review, imports showed a perceptible decline. The growth pace was the most rapid in 2018 with an increase of 59% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest saturated acyclic hydrocarbons supplier to France, with a 51% share of total imports. Moreover, saturated acyclic hydrocarbons imports from Belgium exceeded the figures recorded by the second-largest supplier, Norway (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-19.8% per year) and Germany (-4.4% per year).

In value terms, Belgium ($X), Germany ($X) and Norway ($X) constituted the largest saturated acyclic hydrocarbons suppliers to France, with a combined 72% share of total imports. The Netherlands, Italy, Spain and the UK lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, the UK, with a CAGR of +37.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average saturated acyclic hydrocarbons import price stood at $X per ton in 2022, rising by 34% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic hydrocarbons import price increased by +105.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Italy ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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