Seals; Mechanical Price in France - 2023
Contents:
- Seals; Mechanical Price in France (CIF) - 2022
- Seals; Mechanical Price in France (FOB) - 2023
- Seals; Mechanical Imports in France
- Seals; Mechanical Exports in France
Seals; Mechanical Price in France (CIF) - 2022
In 2022, the average seals; mechanical import price amounted to $4 per unit, waning by -17.6% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $4.8 per unit in 2021, and then plummeted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46 per unit), while the price for Italy ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Seals; Mechanical Price in France (FOB) - 2023
In August 2023, the average seals; mechanical export price amounted to $38.1 per unit, with an increase of 132% against the previous month. Over the period under review, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($104 per unit), while the average price for exports to China ($4.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Seals; Mechanical Imports in France
In 2022, seals; mechanical imports into France surged to 58M units, jumping by 90% on 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, seals; mechanical imports skyrocketed to $232M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Seals; Mechanical in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 57.1 | 60.9 | 34.9 | 92.6 | 17.5% |
| United States | 27.9 | 26.4 | 23.2 | 38.7 | 11.5% |
| Germany | 27.2 | 31.1 | 26.1 | 33.6 | 7.3% |
| China | 13.0 | 14.9 | 24.8 | 31.7 | 34.6% |
| Italy | 6.1 | 5.1 | 5.8 | 5.3 | -4.6% |
| Czech Republic | 3.6 | 14.9 | 3.7 | 4.5 | 7.7% |
| Belgium | 5.2 | 2.9 | 5.1 | 4.4 | -5.4% |
| Spain | 4.5 | 4.0 | 2.4 | 2.5 | -17.8% |
| Others | 25.4 | 22.7 | 22.9 | 19.2 | -8.9% |
| Total | 170 | 183 | 149 | 232 | 10.9% |
Top Suppliers of Seals; Mechanical to France in 2022:
- Turkey (30.1M units)
- Germany (11.6M units)
- Italy (6.4M units)
- Spain (2.4M units)
- China (1.6M units)
- Czech Republic (1.3M units)
- Belgium (1.1M units)
- United States (0.8M units)
Seals; Mechanical Exports in France
For the third year in a row, France recorded decline in overseas shipments of seals; mechanicals, which decreased by -0.5% to 15M units in 2022. Over the period under review, exports continue to indicate a deep slump. Over the period under review, the exports hit record highs at 27M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, seals; mechanical exports soared to $191M in 2022. Overall, exports recorded a perceptible reduction. Over the period under review, the exports reached the peak figure at $216M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Seals; Mechanical in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.4 | 20.8 | 21.6 | 32.1 | -6.6% |
| United Kingdom | 18.7 | 17.3 | 14.7 | 30.0 | 17.1% |
| Turkey | 10.3 | 3.3 | 6.6 | 16.8 | 17.7% |
| United States | 22.0 | 15.0 | 13.8 | 13.2 | -15.7% |
| Spain | 17.8 | 7.3 | 8.9 | 13.2 | -9.5% |
| Italy | 18.1 | 10.5 | 7.1 | 7.9 | -24.1% |
| Morocco | 4.8 | 1.1 | 2.3 | 5.0 | 1.4% |
| Norway | 5.1 | 3.0 | 1.2 | 3.9 | -8.6% |
| Belgium | 5.8 | 4.1 | 3.9 | 2.9 | -20.6% |
| Poland | 1.1 | 0.9 | 2.1 | 2.8 | 36.5% |
| Algeria | 6.2 | 3.9 | 4.2 | 2.7 | -24.2% |
| Romania | 1.0 | 0.7 | 0.9 | 0.7 | -11.2% |
| Slovakia | 0.8 | 0.7 | 0.5 | 0.5 | -14.5% |
| Others | 65.5 | 49.9 | 55.7 | 59.3 | -3.3% |
| Total | 216 | 139 | 144 | 191 | -4.0% |
Top Export Markets for Seals; Mechanical from France in 2022:
- Germany (1.7M units)
- Italy (1.5M units)
- United Kingdom (1.1M units)
- Spain (1.0M units)
- Morocco (0.7M units)
- Algeria (0.6M units)
- Slovakia (0.6M units)
- Norway (0.6M units)
- Romania (0.5M units)
- Poland (0.5M units)
- Turkey (0.4M units)
- United States (0.4M units)
- Belgium (0.4M units)
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