France: Explosives Market Overview 2021

Explosives Market Size in France

In 2020, the French explosives market increased by X% to $X, rising for the fifth consecutive year after five years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2011 to 2020, the growth of the market remained at a lower figure.

Explosives Production in France

In value terms, explosives production totaled $X in 2020 estimated in export prices. In general, the total production indicated a modest increase 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 growth pace was the most rapid in 2009 with an increase of X% against the previous year. Explosives production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Explosives Exports

Exports from France

Explosives exports from France dropped dramatically to X tonnes in 2020, declining by -X% on the year before. In general, exports recorded a slight decrease. The pace of growth appeared 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, explosives exports fell markedly to $X in 2020. Over the period under review, exports recorded a mild reduction. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Guinea (X tonnes) was the main destination for explosives exports from France, with a X% share of total exports. Moreover, explosives exports to Guinea exceeded the volume sent to the second major destination, Italy (X tonnes), fivefold. The third position in this ranking was occupied by Kenya (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Guinea stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Kenya (-X% per year).

In value terms, Guinea ($X) remains the key foreign market for explosives exports from France, comprising X% of total exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

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

Export Prices by Country

In 2020, the average explosives export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Niger ($X per tonne), while the average price for exports to Kenya ($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.

Explosives Imports

Imports into France

Explosives imports into France fell notably to X tonnes in 2020, waning by -X% against 2019 figures. Over the period under review, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, explosives imports dropped rapidly to $X in 2020. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of explosives to France, with a X% share of total imports. Moreover, explosives imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Germany (-X% per year).

In value terms, Spain ($X), Germany ($X) and Sweden ($X) appeared to be the largest explosives suppliers to France, together accounting for X% of total imports.

Sweden recorded 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 a decline.

Import Prices by Country

In 2020, the average explosives import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price, however, saw a slight contraction. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared explosives in the world?

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China (1.1M tonnes) constituted the country with the largest volume of explosives consumption, comprising approx. 23% of total volume. Moreover, explosives consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (427K tonnes), twofold. The third position in this ranking was occupied by Pakistan (213K tonnes), with a 4.7% share.

What are the largest producers of prepared explosives in the world?

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China (1.1M tonnes) remains the largest explosives producing country worldwide, comprising approx. 23% of total volume. Moreover, explosives production in China exceeded the figures recorded by the second-largest producer, the U.S. (430K tonnes), twofold. Pakistan (213K tonnes) ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of prepared explosives to France?

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In value terms, Spain ($1.3M), Germany ($969K) and Sweden ($751K) were the largest explosives suppliers to France, with a combined 40% share of total imports.

What are the leading importers of prepared explosives from France?

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In value terms, Guinea ($2.7M) remains the key foreign market for explosives exports from France, comprising 26% of total exports. The second position in the ranking was occupied by Egypt ($1.3M), with a 12% share of total exports. It was followed by Italy, with a 11% share.

What is the average export price for prepared explosives in France?

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In 2020, the average explosives export price amounted to $2,389 per tonne, surging by 9.6% against the previous year.

What is the average import price for prepared explosives in France?

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In 2020, the average explosives import price amounted to $2,826 per tonne, rising by 6.9% against the previous year.