France: Tap And Valve Market 2024

Tap And Valve Market Size in France

The French tap and valve market reduced to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Tap And Valve Production in France

In value terms, tap and valve production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Tap and valve production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Tap And Valve Exports

Exports from France

For the third consecutive year, France recorded decline in shipments abroad of taps, cocks, valves and similar appliances, which decreased by X% to X tons in 2022. Overall, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tap and valve exports fell to $X in 2022. In general, exports saw a slight contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X tons) and Spain (X tons) were the main destinations of tap and valve exports from France, together comprising X% of total exports. Italy, the UK, Morocco, China, the United States, South Korea, Algeria, the Netherlands, Turkey and Poland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for tap and valve exported from France were Germany ($X), the United States ($X) and China ($X), with a combined X% share of total exports. The UK, Belgium, Spain, Italy, South Korea, the Netherlands, Morocco, Poland, Turkey and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Morocco, with a CAGR of X%, saw the highest growth rate of 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

The average tap and valve export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Tap And Valve Imports

Imports into France

In 2022, tap and valve imports into France reduced to X tons, waning by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, tap and valve imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of tap and valve imports to France, together accounting for X% of total imports. Spain, Belgium, Denmark, the Netherlands, the UK and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tap and valve suppliers to France were Germany ($X), Italy ($X) and China ($X), with a combined X% share of total imports. The United States, Spain, Belgium, the UK, Denmark and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average tap and valve import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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