France: Oxygen Market 2024

Oxygen Market Size in France

The French oxygen market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Oxygen consumption peaked in 2022 and is likely to continue growth in the near future.

Oxygen Production in France

In value terms, oxygen production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Oxygen production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Oxygen Exports

Exports from France

In 2022, approx. X cubic meters of oxygen were exported from France; reducing by X% on the year before. In general, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, oxygen exports reached $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X cubic meters), Luxembourg (X cubic meters) and the Dominican Republic (X cubic meters) were the main destinations of oxygen exports from France, with a combined X% share of total exports. Switzerland, the Netherlands and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oxygen exported from France were Germany ($X), Luxembourg ($X) and Belgium ($X), with a combined X% share of total exports. Switzerland, the Netherlands and the Dominican Republic lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, 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.

Export Prices by Country

In 2022, the average oxygen export price amounted to $X per cubic meter, jumping by X% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oxygen export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to the Dominican Republic (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Imports

Imports into France

For the fifth consecutive year, France recorded decline in overseas purchases of oxygen, which decreased by X% to X cubic meters in 2022. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, oxygen imports dropped sharply to $X in 2022. Overall, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X cubic meters) constituted the largest oxygen supplier to France, with a X% share of total imports. Moreover, oxygen imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), twofold. The third position in this ranking was held by Switzerland (X cubic meters), with a X% share.

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

In value terms, the largest oxygen suppliers to France were Belgium ($X), Italy ($X) and Germany ($X), together comprising X% of total imports. Switzerland, Spain and the Netherlands lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxygen import price stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for Spain ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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