
France - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
France: Market for Precious Metal Ores And Concentrates 2023
Market Size for Precious Metal Ores And Concentrates in France
The French market for precious metal ores and concentrates rose to $X in 2021, surging by 3.4% against the previous year. Over the period under review, consumption saw strong growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Production of Precious Metal Ores And Concentrates in France
In value terms, precious metal ore and concentrate production rose to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 11%. Precious metal ore and concentrate production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Exports of Precious Metal Ores And Concentrates
Exports from France
For the fifth year in a row, France recorded decline in shipments abroad of precious metal ores and concentrates, which decreased by -2.8% to X tons in 2021. Over the period under review, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2013 when exports increased by 219%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, precious metal ore and concentrate exports reduced to $X in 2021. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2013 when exports increased by 276% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
Switzerland (X tons) was the main destination for precious metal ore and concentrate exports from France, with a 61% share of total exports. Moreover, precious metal ore and concentrate exports to Switzerland exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 12% share.
From 2012 to 2021, the average annual growth rate of volume to Switzerland stood at -11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-13.1% per year) and the United Arab Emirates (0.0% per year).
In value terms, Switzerland ($X) remains the key foreign market for precious metal ore and concentrate exports from France, comprising 69% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 25% share of total exports. It was followed by Belgium, with a 3.2% share.
From 2012 to 2021, the average annual growth rate of value to Switzerland totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-6.0% per year) and Belgium (+4.5% per year).
Export Prices by Country
In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, with an increase of 2.7% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 72% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal Ores And Concentrates
Imports into France
In 2021, imports of precious metal ores and concentrates into France surged to X tons, growing by 44% compared with the year before. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 500%. Imports peaked in 2021 and are likely to continue growth in the immediate term.
In value terms, precious metal ore and concentrate imports surged to $X in 2021. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 526% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.
Imports by Country
In 2021, Spain (X tons) constituted the largest supplier of precious metal ore and concentrate to France, accounting for a 85% share of total imports. Moreover, precious metal ore and concentrate imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +48.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+69.1% per year) and Germany (+10.6% per year).
In value terms, the Netherlands ($X), Germany ($X) and Spain ($X) were the largest precious metal ore and concentrate suppliers to France, with a combined 93% share of total imports.
The Netherlands, with a CAGR of +69.4%, saw the highest growth rate of 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
In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, growing by 149% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
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This report provides an in-depth analysis of the market for precious metal ore and concentrate 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
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