France: Silicone Market Overview 2020

Silicone Market Size in France

The revenue of the silicone market in France amounted to $X in 2018, reducing by -X% against the previous year. Overall, silicone consumption continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the silicone market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Silicone Production in France

In value terms, silicone production totaled $X in 2018 estimated in export prices. Over the period under review, silicone production, however, continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, silicone production reached its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Silicone Exports

Exports from France

In 2018, the silicone exports from France amounted to X tonnes, growing by X% against the previous year. Overall, the total exports indicated noticeable growth from 2007 to 2018: 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 2018 figures, silicone exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, silicone exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, silicone exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Germany (X tonnes), Spain (X tonnes) and Italy (X tonnes) were the main destinations of silicone exports from France, with a combined X% share of total exports. Belgium, the UK, China, the U.S., Brazil, Finland, South Korea, Norway and Poland lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the largest markets for silicone exported from France worldwide, with a combined X% share of total exports. These countries were followed by China, the UK, the U.S., Belgium, Poland, South Korea, Brazil, Norway and Finland, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silicone export price stood at $X per tonne in 2018, coming down by -X% against the previous year. In general, the silicone export price continues to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. In that year, the average export prices for silicones (in primary forms) reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for silicones (in primary forms) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per tonne), while the average price for exports to Finland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Silicone Imports

Imports into France

In 2018, the amount of silicones (in primary forms) imported into France totaled X tonnes, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, silicone imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, silicone imports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

Germany (X tonnes), Belgium (X tonnes) and the U.S. (X tonnes) were the main suppliers of silicone imports to France, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the U.S. ($X) constituted the largest silicone suppliers to France, with a combined X% share of total imports. The UK, Japan, the Netherlands, Spain and China lagged somewhat behind, together comprising a further X terms of the main suppliers, China recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silicone import price stood at $X per tonne in 2018, stabilizing at the previous year. Over the period under review, the silicone import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. In that year, the average import prices for silicones (in primary forms) reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for silicones (in primary forms) remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Japan ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform