France: Synthetic Rubber Market 2024

Synthetic Rubber Market Size in France

In 2022, the French synthetic rubber market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a drastic downturn. Synthetic rubber consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Synthetic Rubber Production in France

In value terms, synthetic rubber production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Synthetic rubber production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Synthetic Rubber Exports

Exports from France

In 2022, synthetic rubber exports from France fell to X tons, reducing by X% compared with 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, synthetic rubber exports expanded notably to $X in 2022. In general, exports showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and Germany (X tons) were the main destinations of synthetic rubber exports from France, with a combined X% share of total exports. Poland, the Netherlands, Italy, China, Belgium, India, Turkey, Serbia, Brazil and South Korea lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Germany ($X) and Spain ($X) constituted the largest markets for synthetic rubber exported from France worldwide, together comprising X% of total exports. Poland, the Netherlands, Italy, China, India, Belgium, Turkey, Serbia, Brazil and South Korea lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average synthetic rubber export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Belgium ($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 South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Synthetic Rubber Imports

Imports into France

In 2022, the amount of synthetic rubber imported into France dropped to X tons, which is down by X% against the year before. Overall, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, synthetic rubber imports rose remarkably to $X in 2022. Over the period under review, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of synthetic rubber imports to France, with a combined X% share of total imports. Spain, Poland, Italy, the Czech Republic, the UK, Austria, the United States, South Korea, Russia and Indonesia lagged somewhat behind, together comprising a further X%.

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

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest synthetic rubber suppliers to France, with a combined X% share of total imports. Spain, Italy, Poland, the UK, the Czech Republic, the United States, South Korea, Austria, Indonesia and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Indonesia, with a CAGR of X%, recorded 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 synthetic rubber import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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