France: Titanium Dioxide Market 2024

Titanium Dioxide Market Size in France

For the third consecutive year, the French titanium dioxide market recorded growth in sales value, which increased by 14% to $X in 2021. Over the period under review, consumption, however, saw a noticeable downturn. Titanium dioxide consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Titanium Dioxide Production in France

In value terms, titanium dioxide production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable slump. Titanium dioxide production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Titanium Dioxide Exports

Exports from France

In 2021, shipments abroad of titanium dioxide decreased by -9.9% to X tons, falling for the third year in a row after three years of growth. In general, exports, however, posted a slight expansion. The pace of growth was the most pronounced in 2013 with an increase of 153% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, titanium dioxide exports totaled $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 114%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for titanium dioxide exports from France, with a 55% share of total exports. Moreover, titanium dioxide exports to Germany exceeded the volume sent to the second major destination, Japan (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+48.1% per year) and China (+40.7% per year).

In value terms, Germany ($X) remains the key foreign market for titanium dioxide exports from France, comprising 61% of total exports. The second position in the ranking was held by China ($X), with a 5.6% share of total exports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+24.6% per year) and Italy (+2.8% per year).

Export Prices by Country

In 2021, the average titanium dioxide export price amounted to $X per ton, growing by 16% against the previous year. In general, the export price, however, showed a slight shrinkage. 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Japan ($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 Germany (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Titanium Dioxide Imports

Imports into France

In 2021, titanium dioxide imports into France rose modestly to X tons, increasing by 2.8% compared with the previous year. Over the period under review, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2015 with an increase of 174%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, titanium dioxide imports expanded significantly to $X in 2021. Overall, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 50%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of titanium dioxide to France, accounting for a 47% share of total imports. Moreover, titanium dioxide imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.2% per year) and Belgium (-0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of titanium dioxide to France, comprising 62% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.5% per year) and China (+4.6% per year).

Import Prices by Country

The average titanium dioxide import price stood at $X per ton in 2021, increasing by 9.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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