France: Market for Manufactured Tobacco, Extracts And Essences 2024

Market Size for Manufactured Tobacco, Extracts And Essences in France

In 2023, the French market for manufactured tobacco, extracts and essences decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, continues to indicate a resilient expansion. Manufactured tobacco, extracts and essences consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Manufactured Tobacco, Extracts And Essences in France

In value terms, manufactured tobacco, extracts and essences production rose to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from France

In 2023, overseas shipments of manufactured tobacco, extracts and essences increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, continue to indicate a mild slump. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, manufactured tobacco, extracts and essences exports rose remarkably to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for manufactured tobacco, extracts and essences exports from France, with a X% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to Belgium exceeded the volume sent to the second major destination, China (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

In value terms, Belgium ($X), Poland ($X) and Turkey ($X) were the largest markets for manufactured tobacco, extracts and essences exported from France worldwide, with a combined X% share of total exports. South Korea, Japan, China, Germany, the Netherlands, Morocco, Taiwan (Chinese), the United Arab Emirates, the United States and Greece lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of 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.

Export Prices by Country

In 2023, the average export price for manufactured tobacco, extracts and essences amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into France

In 2023, approx. X tons of manufactured tobacco, extracts and essences were imported into France; picking up by X% on the previous year's figure. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, manufactured tobacco, extracts and essences imports surged to $X in 2023. Overall, imports, however, continue to indicate a mild setback. 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 reached the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Belgium (X tons) constituted the largest manufactured tobacco, extracts and essences supplier to France, accounting for a X% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Greece (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to France, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform