France: Worked Slate Market 2024

Worked Slate Market Size in France

For the third year in a row, the French worked slate market recorded growth in sales value, which increased by 7.9% to $X in 2022. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value 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, consumption increased by +61.2% against 2016 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Worked Slate Production in France

In value terms, worked slate production rose to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Worked Slate Exports

Exports from France

After two years of growth, shipments abroad of worked slate decreased by -8.9% to X tons in 2022. Overall, exports, however, showed slight growth. The pace of growth appeared the most rapid in 2020 when exports increased by 55% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, worked slate exports expanded sharply to $X in 2022. In general, exports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2020 when exports increased by 74% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for worked slate exports from France, accounting for a 29% share of total exports. Moreover, worked slate exports to Italy exceeded the volume sent to the second major destination, the UK (X tons), twofold. Luxembourg (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.3% per year) and Luxembourg (+22.5% per year).

In value terms, Italy ($X), the UK ($X) and Switzerland ($X) constituted the largest markets for worked slate exported from France worldwide, together accounting for 40% of total exports. Luxembourg, Spain, the Netherlands, Portugal, Belgium, Poland and Germany lagged somewhat behind, together accounting for a further 51%.

The Netherlands, with a CAGR of +69.3%, saw the highest growth rate of the value of exports, among the main countries of destination 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 worked slate export price amounted to $X per ton, surging by 17% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, worked slate export price increased by +82.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Italy ($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 Portugal (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Slate Imports

Imports into France

In 2022, supplies from abroad of worked slate decreased by -2% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, worked slate imports expanded sharply to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of worked slate to France, accounting for a 83% share of total imports. Moreover, worked slate imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.7% per year) and China (+14.8% per year).

In value terms, Spain ($X) constituted the largest supplier of worked slate to France, comprising 84% of total imports. The second position in the ranking was taken by Germany ($X), with a 6% share of total imports. It was followed by China, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.0% per year) and China (+13.4% per year).

Import Prices by Country

The average worked slate import price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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