France - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
France's Resinoid Price Plummets to $95.3 per Kg, Fluctuating Wildly over 2022
France Resinoids Export Price in August 2022
In August 2022, the resinoids price stood at $95.3 per kg (FOB, France), waning by -24.3% against the previous month. In general, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 93% m-o-m. The export price peaked at $133 per kg in June 2022; however, from July 2022 to August 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($232 per kg), while the average price for exports to Algeria ($16.3 per kg) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
France Resinoids Exports
After three months of decline, overseas shipments of resinoids increased by 92% to 9.6 tons in August 2022. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, the exports attained the maximum at 22 tons in April 2022; afterwards, it flattened through to August 2022.
In value terms, resinoids exports soared to $912K (IndexBox estimates) in August 2022. Overall, exports, however, recorded a pronounced decrease. The pace of growth was the most pronounced in March 2022 with an increase of 126% against the previous month. As a result, the exports reached the peak of $1.7M. From April 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.
France Resinoids Exports by Country
Brazil (2.6 tons), the UK (1.4 tons) and India (1.3 tons) were the main destinations of resinoids exports from France, together accounting for 56% of total exports.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +33.5%), while the other leaders experienced more modest paces of growth.
In value terms, the UK ($181K), the United States ($151K) and India ($92K) were the largest markets for resinoids exported from France worldwide, with a combined 47% share of total exports.
In terms of the main countries of destination, India, with a CAGR of +34.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the resinoids market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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The Largest Import Supplying Countries
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