France: Spun Yarn Market 2021

Spun Yarn Market Size in France

In 2019, the French spun yarn market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. In general, consumption continues to indicate a slight increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market remained at a lower figure.

Spun Yarn Exports

Exports from France

After three years of decline, shipments abroad of yarn spun from silk waste increased by X% to X tons in 2019. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, spun yarn exports surged to $X in 2019. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X tons), India (X tons) and Italy (X kg) were the main destinations of spun yarn exports from France, with a combined X% share of total exports. Japan, Iceland, Germany and China lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland, while exports for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) remains the key foreign market for spun yarn exports from France, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Japan (+X% per year).

Export Prices by Country

The average spun yarn export price stood at $X per ton in 2019, falling by -X% against the previous year. In general, the export price, however, showed a slight increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2015 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Spun Yarn Imports

Imports into France

In 2019, the amount of yarn spun from silk waste imported into France fell slightly to X tons, remaining stable against the previous year. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, spun yarn imports totaled $X in 2019. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Italy (X tons) constituted the largest spun yarn supplier to France, with a X% share of total imports. Moreover, spun yarn imports from Italy exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The third position in this ranking was occupied by Romania (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and Romania (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of spun yarn to France, comprising X% of total imports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and Romania (+X% per year).

Import Prices by Country

The average spun yarn import price stood at $X per ton in 2019, picking up by X% against the previous year. Over the period under review, import price indicated a tangible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, spun yarn import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Romania ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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