France: Ferro-Alloys Market 2024

Ferro-Alloys Market Size in France

In 2023, the French ferro-alloys market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Ferro-Alloys Production in France

In value terms, ferro-alloys production shrank to $X in 2023 estimated in export price. In general, production showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Ferro-alloys production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Ferro-Alloys Exports

Exports from France

In 2023, the amount of ferro-alloys exported from France contracted rapidly to X tons, with a decrease of X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, ferro-alloys exports fell markedly to $X in 2023. Overall, total exports indicated slight growth from 2012 to 2023: its value 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2022, and then declined significantly in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and Spain (X tons) were the main destinations of ferro-alloys exports from France, together comprising X% of total exports. Italy, the Netherlands, Slovakia, the UK, Poland, Norway, Finland, India, Japan and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for ferro-alloys exports from France, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the average ferro-alloys export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then declined in the following year.

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

Ferro-Alloys Imports

Imports into France

In 2023, the amount of ferro-alloys imported into France contracted to X tons, with a decrease of X% against the previous year's figure. In general, imports saw a perceptible 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, imports attained the maximum at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, ferro-alloys imports dropped to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then reduced in the following year.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Norway (X tons) were the main suppliers of ferro-alloys imports to France, with a combined X% share of total imports. Finland, Belgium, Germany, Spain, Luxembourg, Brazil, New Caledonia, South Africa, Austria and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for New Caledonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of ferro-alloys to France, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average ferro-alloys import price stood at $X per ton in 2023, declining by X% against the previous year. Overall, import price indicated a notable expansion 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. Based on 2023 figures, ferro-alloys import price increased by X% against 2020 indices. 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 reached the maximum at $X per ton in 2022, and then fell modestly in the following year.

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 New Caledonia ($X per ton), while the price for Norway ($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