Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (FOB) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (CIF) - 2023
  3. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France
  4. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (FOB) - 2023

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $5,064 per ton, with a decrease of -9.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 7.6% m-o-m. Over the period under review, the average export prices hit record highs at $5,576 per ton in October 2023, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($5,800 per ton), while the average price for exports to Saudi Arabia ($3,284 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (CIF) - 2023

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,872 per ton in November 2023, therefore, remained relatively stable against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in February 2023 an increase of 11% month-to-month. Over the period under review, average import prices reached the maximum at $4,000 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($5,976 per ton), while the price for Belgium ($2,281 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from France skyrocketed to 73K tons, rising by 15% against 2021 figures. In general, exports, however, saw a slight contraction.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $347M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany64.355.269.087.310.7%
Italy46.915.617.035.9-8.5%
United Kingdom15.414.420.928.222.3%
Poland21.616.518.221.1-0.8%
Belgium12.315.015.918.715.0%
Netherlands12.311.215.717.512.5%
Spain14.611.413.815.52.0%
Switzerland2.85.410.813.970.6%
Greece6.47.09.69.514.1%
Hungary3.84.06.48.430.3%
Turkey7.67.99.38.01.7%
Algeria7.36.07.76.8-2.3%
Morocco7.36.43.72.9-26.5%
Others79.764.874.772.9-2.9%
Total3022412933474.7%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from France in 2022:

  1. Germany (16.4K tons)
  2. Italy (9.1K tons)
  3. United Kingdom (5.9K tons)
  4. Belgium (5.5K tons)
  5. Poland (4.7K tons)
  6. Netherlands (4.3K tons)
  7. Spain (3.9K tons)
  8. Greece (2.6K tons)
  9. Switzerland (2.5K tons)
  10. Algeria (2.0K tons)
  11. Hungary (1.7K tons)
  12. Turkey (1.6K tons)
  13. Morocco (0.7K tons)

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into France reached 89K tons, picking up by 1.6% compared with 2021. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $287M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1111001231305.4%
Belgium23.024.232.140.921.2%
Italy31.728.533.331.5-0.2%
United Kingdom10.69.312.918.921.3%
Netherlands9.312.216.717.623.7%
Spain5.46.78.79.420.3%
Portugal1.03.24.14.565.1%
Sweden3.23.62.93.53.0%
Others27.621.730.031.44.4%
Total2222092632878.9%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to France in 2022:

  1. Germany (36.9K tons)
  2. Belgium (23.8K tons)
  3. Italy (8.9K tons)
  4. Netherlands (5.0K tons)
  5. United Kingdom (4.2K tons)
  6. Spain (2.1K tons)
  7. Portugal (1.6K tons)
  8. Sweden (1.1K tons)

Source: IndexBox Market Intelligence Platform

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