France: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in France

For the seventh year in a row, the French plastic ornamental articles market recorded growth in sales value, which increased by 25% to $X in 2022. In general, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +83.4% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Ornamental Articles Production in France

In value terms, plastic ornamental articles production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 9.6%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Plastic Ornamental Articles Exports

Exports from France

After two years of growth, shipments abroad of statuettes and other ornamental articles of plastic decreased by -9.9% to X tons in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.7% 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 +55.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, plastic ornamental articles exports amounted to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Switzerland (X tons), Italy (X tons) and Spain (X tons) were the main destinations of plastic ornamental articles exports from France, together comprising 46% of total exports. Belgium, Germany, Portugal, the Netherlands, Poland, the United States, Israel and the UK lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +54.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic ornamental articles exported from France were Italy ($X), Switzerland ($X) and Belgium ($X), with a combined 40% share of total exports. Germany, Spain, the United States, the UK, the Netherlands, Portugal, Poland and Israel lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Israel, with a CAGR of +45.3%, recorded the highest growth rate of 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 plastic ornamental articles export price amounted to $X per ton, growing by 12% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Israel ($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 Belgium (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports

Imports into France

In 2022, the amount of statuettes and other ornamental articles of plastic imported into France rose notably to X tons, picking up by 14% against 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 15% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic ornamental articles imports surged to $X in 2022. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest plastic ornamental articles supplier to France, with a 55% share of total imports. Moreover, plastic ornamental articles imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+18.3% per year) and the Netherlands (+12.2% per year).

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to France, comprising 54% of total imports. The second position in the ranking was held by Germany ($X), with a 9.3% share of total imports. It was followed by the Netherlands, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.9% per year) and the Netherlands (+9.7% per year).

Import Prices by Country

The average plastic ornamental articles import price stood at $X per ton in 2022, growing by 8.3% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic ornamental articles import price increased by +71.6% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 21%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :