France - D-Glucitol (Sorbitol) - Market Analysis, Forecast, Size, Trends And Insights
Price of Frances Sorbitol Drops to $1,952 per Ton
France Sorbitol Export Price in May 2023
In May 2023, the sorbitol price stood at $1,952 per ton (FOB, France), declining by -2.1% against the previous month. Over the period under review, export price indicated pronounced growth from May 2022 to May 2023: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, sorbitol export price increased by +57.6% against October 2022 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,994 per ton in April 2023, and then fell in the following month.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Italy ($2,525 per ton), while the average price for exports to Belgium ($797 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
|COUNTRY||Export Price of Sorbitol in France (USD per ton)|
|May 2022||Jun 2022||Jul 2022||Aug 2022||Sep 2022||Oct 2022||Nov 2022||Dec 2022||Jan 2023||Feb 2023||Mar 2023||Apr 2023||May 2023|
France Sorbitol Exports
In May 2023, shipments abroad of d-glucitol (sorbitol) decreased by -0.2% to 7.2K tons, falling for the second month in a row after two months of growth. Overall, exports continue to indicate a slight decline. The pace of growth appeared the most rapid in February 2023 with an increase of 18% against the previous month.
In value terms, sorbitol exports contracted slightly to $14M (IndexBox estimates) in May 2023. The total export value increased at an average monthly rate of +2.4% from May 2022 to May 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in February 2023 with an increase of 20% against the previous month.
France Sorbitol Exports by Country
Poland (1.3K tons), Germany (1.1K tons) and the Netherlands (964 tons) were the main destinations of sorbitol exports from France, with a combined 47% share of total exports. The UK, Turkey, Spain, Italy, Denmark, Brazil and Belgium lagged somewhat behind, together accounting for a further 40%.
From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +2.3%), while the other leaders experienced more modest paces of growth.
In value terms, Poland ($2.3M), Germany ($1.8M) and the UK ($1.5M) were the largest markets for sorbitol exported from France worldwide, together accounting for 40% of total exports. the Netherlands, Spain, Turkey, Italy, Denmark, Brazil and Belgium lagged somewhat behind, together comprising a further 42%.
Denmark, with a CAGR of +6.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 sorbitol 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join our live webinar to get insights into the global biomass market.
Thursday, October 14th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global anhydrous ammonia market.
Tuesday, June 15th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global biodiesel market.
Thursday, June 10th, 2021 @ 04:00 pm ET