France: Organic Pigments Market 2024

Organic Pigments Market Size in France

The French organic pigments market reduced sharply to $X in 2021, waning by -48.3% against the previous year. Overall, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Organic Pigments Production in France

In value terms, organic pigments production contracted markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 52%. As a result, production attained the peak level of $X, and then declined dramatically in the following year.

Organic Pigments Exports

Exports from France

In 2021, after two years of decline, there was significant growth in overseas shipments of synthetic organic coloring matter and pigments, when their volume increased by 26% to X tons. The total export volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, organic pigments exports rose remarkably to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of organic pigments exports from France, together comprising 54% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +14.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for synthetic organic coloring matter and pigments exports from France, comprising 41% of total exports. The second position in the ranking was held by Germany ($X), with a 16% share of total exports. It was followed by Switzerland, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.9% per year) and Switzerland (-12.2% per year).

Export Prices by Country

In 2021, the average organic pigments export price amounted to $X per ton, with a decrease of -11.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, 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 Switzerland ($X per ton), while the average price for exports to Tunisia ($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 Switzerland (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into France

Organic pigments imports into France rose to X tons in 2021, increasing by 2.1% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 550% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, organic pigments imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of organic pigments imports to France, together accounting for 61% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +4.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) appeared to be the largest organic pigments suppliers to France, together accounting for 48% of total imports. These countries were followed by India, Spain, the UK, Italy and China, which together accounted for a further 27%.

In terms of the main suppliers, India, with a CAGR of +7.0%, saw 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

The average organic pigments import price stood at $X per ton in 2021, surging by 15% against the previous year. In general, the import price posted a modest expansion. The pace of growth was the most pronounced in 2018 an increase of 380% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat 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 India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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