France: Fromwork Market 2024

Fromwork Market Size in France

The French fromwork market declined to $X in 2022, dropping by -10% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped in the following year.

Fromwork Production in France

In value terms, fromwork production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 30%. Over the period under review, production reached the peak level at $X in 2021, and then declined in the following year.

Fromwork Exports

Exports from France

In 2022, overseas shipments of shuttering for concrete constructional work, shingles and shakes, of wood were finally on the rise to reach X tons after four years of decline. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 46%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, fromwork exports surged to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 +64.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X tons), Senegal (X tons) and the UK (X tons) were the main destinations of fromwork exports from France, together accounting for 57% of total exports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +110.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the UK ($X) and Senegal ($X) were the largest markets for fromwork exported from France worldwide, with a combined 52% share of total exports.

Senegal, with a CAGR of +107.7%, recorded the highest growth rate of the value of exports, among 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 fromwork export price stood at $X per ton in 2022, waning by -12.1% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fromwork export price increased by +31.5% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

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 UK ($X per ton), while the average price for exports to Luxembourg ($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 Jordan (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fromwork Imports

Imports into France

Fromwork imports into France reduced slightly to X tons in 2022, with a decrease of -3.6% compared with the previous year. Overall, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of 37% 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, fromwork imports totaled $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of fromwork imports to France, together comprising 59% of total imports. The Czech Republic, Canada, Belgium and Italy lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +39.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Canada ($X) and Spain ($X) were the largest fromwork suppliers to France, with a combined 57% share of total imports. Germany, the Czech Republic, Belgium and Italy lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +42.4%, 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

In 2022, the average fromwork import price amounted to $X per ton, increasing by 8.7% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fromwork import price increased by +46.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform