France: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in France

In 2022, the French spindles and spindle flyer market increased by 42% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Spindles and spindle flyer consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in France

In value terms, spindles and spindle flyer production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 36%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from France

In 2022, overseas shipments of spindles and spindle flyers, spinning ring and ring travellers decreased by -16.1% to X tons, falling for the second consecutive year after four years of growth. Overall, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of 39%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, spindles and spindle flyer exports totaled $X in 2022. In general, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 19%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), Turkey (X tons) and Italy (X tons) were the main destinations of spindles and spindle flyer exports from France, together comprising 87% of total exports. These countries were followed by China, which accounted for a further 2.4%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +12.7%), while the other leaders experienced a decline.

In value terms, Turkey ($X), Switzerland ($X) and Italy ($X) constituted the largest markets for spindles and spindle flyer exported from France worldwide, with a combined 87% share of total exports. These countries were followed by China, which accounted for a further 1.1%.

In terms of the main countries of destination, China, with a CAGR of +22.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average spindles and spindle flyer export price stood at $X per ton in 2022, with an increase of 20% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to China ($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 China (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into France

In 2022, overseas purchases of spindles and spindle flyers, spinning ring and ring travellers increased by 14% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports, however, recorded a slight curtailment. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spindles and spindle flyer imports reached $X in 2022. Overall, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2013 with an increase of 16%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Switzerland (X tons) was the main supplier of spindles and spindle flyer to France, with a 94% share of total imports. It was followed by Germany (X kg), with a 1.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland stood at -1.7%.

In value terms, Switzerland ($X) constituted the largest supplier of spindles and spindle flyers, spinning ring and ring travellers to France, comprising 92% of total imports. The second position in the ranking was held by Germany ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at -4.8%.

Import Prices by Country

In 2022, the average spindles and spindle flyer import price amounted to $X per ton, waning by -11.6% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.8%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Switzerland amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.5%).

Source: IndexBox Platform

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