France: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in France

In 2022, after two years of growth, there was significant decline in the French market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives, when its value decreased by X% to $X. In general, consumption recorded a perceptible curtailment. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in France

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives contracted significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from France

In 2022, shipments abroad of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives increased by X% to X tons, rising for the third consecutive year after three years of decline. In general, exports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives skyrocketed to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from France, accounting for a X% share of total exports. Moreover, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Brazil exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Morocco (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Morocco (X% per year).

In value terms, Ireland ($X), Brazil ($X) and Germany ($X) appeared to be the largest markets for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exported from France worldwide, together comprising X% of total exports. Turkey, Spain, Italy, India, the UK, Switzerland, Hong Kong SAR, China, Morocco and Algeria lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price showed slight growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 Ireland ($X per ton), while the average price for exports to Morocco ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into France

In 2022, after two years of growth, there was significant decline in supplies from abroad of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives, when their volume decreased by X% to X tons. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives reduced remarkably to $X in 2022. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives supplier to France, accounting for a X% share of total imports. Moreover, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives suppliers to France were Belgium ($X), Mexico ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached 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 Mexico ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform