France: Iron Oxide Pigments Market Overview 2021

Iron Oxide Pigments Market Size in France

In 2020, after two years of decline, there was significant growth in the French iron oxide pigments market, when its value increased by X% to $X. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. Iron oxide pigments consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Iron Oxide Pigments Production in France

In value terms, iron oxide pigments production expanded to $X in 2020 estimated in export prices. In general, the total production indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2020, production growth remained at a somewhat lower figure.

Iron Oxide Pigments Exports

Exports from France

In 2020, iron oxide pigments exports from France shrank dramatically to X tonnes, waning by -X% compared with 2019 figures. Overall, exports recorded a perceptible decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, iron oxide pigments exports declined rapidly to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for iron oxide pigments exports from France, with a X% share of total exports. Moreover, iron oxide pigments exports to Germany exceeded the volume sent to the second major destination, Belgium (X tonnes), fourfold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Italy (-X% per year).

In value terms, Germany ($X), Belgium ($X) and Italy ($X) were the largest markets for iron oxide pigments exported from France worldwide, together comprising X% of total exports. These countries were followed by Spain, the Netherlands, Japan and Malaysia, which together accounted for a further X terms of the main countries of destination, Malaysia recorded 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 iron oxide pigments export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Overall, export price indicated tangible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron oxide pigments export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is likely to see steady growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Iron Oxide Pigments Imports

Imports into France

In 2020, supplies from abroad of iron oxides and hydroxides decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. In general, imports showed a deep reduction. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, iron oxide pigments imports dropped remarkably to $X in 2020. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest iron oxide pigments supplier to France, accounting for a X% share of total imports. Moreover, iron oxide pigments imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. South Africa (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and South Africa (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of iron oxide pigments to France, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average iron oxide pigments import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Overall, the import price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxides and hydroxides in the world?

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The countries with the highest volumes of iron oxide pigments consumption in 2020 were China (409K tonnes), the U.S. (230K tonnes) and India (158K tonnes), with a combined 42% share of global consumption. These countries were followed by Germany, Japan, Russia, Brazil, Taiwan (Chinese), France, Italy, South Korea, Canada and Poland, which together accounted for a further 33%.

What are the largest producers of iron oxides and hydroxides in the world?

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China (566K tonnes) constituted the country with the largest volume of iron oxide pigments production, accounting for 31% of total volume. Moreover, iron oxide pigments production in China exceeded the figures recorded by the second-largest producer, Germany (252K tonnes), twofold. India (150K tonnes) ranked third in terms of total production with a 8.1% share.

What are the leading suppliers of iron oxides and hydroxides to France?

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In value terms, Germany ($3.8M) constituted the largest supplier of iron oxide pigments to France, comprising 37% of total imports. The second position in the ranking was occupied by China ($1.3M), with a 13% share of total imports. It was followed by Italy, with a 6% share.

What are the leading importers of iron oxides and hydroxides from France?

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In value terms, the largest markets for iron oxide pigments exported from France were Germany ($4.3M), Belgium ($3.3M) and Italy ($3.1M), together accounting for 64% of total exports. Spain, the Netherlands, Japan and Malaysia lagged somewhat behind, together comprising a further 15%.

What is the average export price for iron oxides and hydroxides in France?

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In 2020, the average iron oxide pigments export price amounted to $1,107 per tonne, growing by 27% against the previous year.

What is the average import price for iron oxides and hydroxides in France?

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The average iron oxide pigments import price stood at $1,194 per tonne in 2020, increasing by 5.3% against the previous year.