France: Semi-Manufactured Silver Market 2025

Semi-Manufactured Silver Market Size in France

The French semi-manufactured silver market fell to $X in 2021, reducing by -13.5% against the previous year. Over the period under review, consumption, however, recorded a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Semi-Manufactured Silver Production in France

In value terms, semi-manufactured silver production dropped to $X in 2021 estimated in export price. In general, production, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 508%. Semi-manufactured silver production peaked at $X in 2020, and then declined in the following year.

Semi-Manufactured Silver Exports

Exports from France

In 2021, approx. X tons of silver in semi-manufactured forms were exported from France; with an increase of 46% compared with 2020 figures. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +52.1% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, semi-manufactured silver exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a pronounced decline. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for semi-manufactured silver exports from France, accounting for a 30% share of total exports. Moreover, semi-manufactured silver exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), threefold. China (X tons) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+11.3% per year) and China (+6.5% per year).

In value terms, Spain ($X), China ($X) and Italy ($X) were the largest markets for semi-manufactured silver exported from France worldwide, together comprising 63% of total exports. These countries were followed by Germany, the Czech Republic, the Netherlands, Austria, Poland, the UK, Belgium, Canada, Mexico and Algeria, which together accounted for a further 27%.

Among the main countries of destination, Algeria, with a CAGR of +46.8%, 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 2021, the average semi-manufactured silver export price amounted to $X per ton, declining by -12.2% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 5.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 the UK ($X per ton), while the average price for exports to Algeria ($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 Poland (+0.4%), while the prices for the other major destinations experienced a decline.

Semi-Manufactured Silver Imports

Imports into France

In 2021, imports of silver in semi-manufactured forms into France surged to X tons, jumping by 74% against the previous year's figure. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, semi-manufactured silver imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of semi-manufactured silver to France, accounting for a 46% share of total imports. Moreover, semi-manufactured silver imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.4% per year) and Turkey (+210.9% per year).

In value terms, Germany ($X), Italy ($X) and the UK ($X) constituted the largest semi-manufactured silver suppliers to France, with a combined 74% share of total imports. Spain, the United States, Turkey and Austria lagged somewhat behind, together comprising a further 22%.

Turkey, with a CAGR of +172.2%, saw the highest growth rate of the value of imports, in terms of 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 semi-manufactured silver import price amounted to $X per ton, which is down by -18.4% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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