France: Market for Salts Of Acetic Acid 2024

Market Size for Salts Of Acetic Acid in France

The French salts of acetic acid market rose modestly to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a strong increase. Salts of acetic acid consumption peaked in 2023 and is expected to retain growth in years to come.

Production of Salts Of Acetic Acid in France

In value terms, salts of acetic acid production declined modestly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Salts Of Acetic Acid

Exports from France

After two years of growth, shipments abroad of salts of acetic acid decreased by X% to X tons in 2023. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, salts of acetic acid exports fell to $X in 2023. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for salts of acetic acid exports from France, accounting for a X% share of total exports. Moreover, salts of acetic acid exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a X% share.

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

In value terms, the largest markets for salts of acetic acid exported from France were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2023, the average salts of acetic acid export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salts Of Acetic Acid

Imports into France

In 2023, supplies from abroad of salts of acetic acid decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, total imports indicated measured growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2022, and then declined in the following year.

In value terms, salts of acetic acid imports declined to $X in 2023. Over the period under review, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, Belgium (X tons) constituted the largest salts of acetic acid supplier to France, with a X% share of total imports. Moreover, salts of acetic acid imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a X% share.

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

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the largest salts of acetic acid suppliers to France, together comprising X% of total imports.

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

Import Prices by Country

The average salts of acetic acid import price stood at $X per ton in 2023, with an increase of 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 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($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