France: Toluene Market 2024

Toluene Market Size in France

In 2022, the French toluene market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Toluene Production in France

In value terms, toluene production skyrocketed to $X in 2022 estimated in export price. In general, production showed a mild downturn. Toluene production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Toluene Exports

Exports from France

In 2022, shipments abroad of toluene decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, toluene exports soared to $X in 2022. Over the period under review, exports showed a noticeable reduction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Switzerland (X tons) were the main destinations of toluene exports from France, together comprising X% of total exports. Germany, Belgium, the UK, Italy and Hungary lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for toluene exported from France were the Netherlands ($X), Spain ($X) and Switzerland ($X), with a combined X% share of total exports. The UK, Germany, Italy, Belgium and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the UK, with a CAGR of X%, recorded 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

In 2022, the average toluene export price amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, toluene export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Toluene Imports

Imports into France

In 2022, supplies from abroad of toluene was finally on the rise to reach X tons after two years of decline. Over the period under review, imports continue to indicate a noticeable increase. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, toluene imports soared to $X in 2022. Overall, imports enjoyed a mild increase. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of toluene to France, accounting for a X% share of total imports. Moreover, toluene imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the largest toluene suppliers to France, together accounting for X% of total imports. Spain and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, recorded 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 toluene import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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