France: Ship Propeller Market 2025

Ship Propeller Market Size in France

The French ship propeller market fell to $X in 2022, dropping by -7.3% against the previous year. In general, consumption showed a mild decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ship Propeller Production in France

In value terms, ship propeller production fell sharply to $X in 2022 estimated in export price. In general, production recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by 82%. Ship propeller production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ship Propeller Exports

Exports from France

Ship propeller exports from France declined to X tons in 2022, waning by -14.9% on the previous year's figure. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 89% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, ship propeller exports contracted remarkably to $X in 2022. In general, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2016 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Cayman Islands (X tons), Turkey (X tons) and Italy (X tons) were the main destinations of ship propeller exports from France, together accounting for 51% of total exports. Morocco, Tunisia, Algeria, Bulgaria, Poland, Gabon, Switzerland, the UK and Sweden lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +60.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cayman Islands ($X) emerged as the key foreign market for ships’ or boats’ propellers and blades therefor exports from France, comprising 55% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by Turkey, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cayman Islands stood at +64.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.8% per year) and Turkey (+29.4% per year).

Export Prices by Country

The average ship propeller export price stood at $X per ton in 2022, with a decrease of -20.7% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 144%. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cayman Islands ($X per ton), while the average price for exports to Gabon ($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 Cayman Islands (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ship Propeller Imports

Imports into France

In 2022, overseas purchases of ships’ or boats’ propellers and blades therefor increased by 9% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a slight setback. The growth pace was the most rapid in 2016 when imports increased by 89% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ship propeller imports fell slightly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 88%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Norway (X tons) and China (X tons) were the main suppliers of ship propeller imports to France, together comprising 34% of total imports. South Korea, Singapore, Italy, Belgium, the Netherlands, Sweden, the Philippines, Portugal, the UK and Spain lagged somewhat behind, together accounting for a further 58%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +941.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ship propeller suppliers to France were Belgium ($X), Sweden ($X) and Taiwan (Chinese) ($X), with a combined 35% share of total imports. The Netherlands, Italy, the UK, Norway, China, the Philippines, Singapore, Portugal, South Korea and Spain lagged somewhat behind, together comprising a further 50%.

Among the main suppliers, Singapore, with a CAGR of +580.5%, recorded the highest rates of growth with regard to 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

In 2022, the average ship propeller import price amounted to $X per ton, dropping by -10.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 the UK ($X per ton), while the price for South Korea ($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 (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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