France: Market for Mathematical instruments and equipment; n.e.s. in heading no. 9017 2024

Market Size for Mathematical instruments and equipment; n.e.s. in heading no. 9017 in France

In 2023, the French market for mathematical instruments and equipment; n.e.s. in heading no. Xs increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, consumption, however, saw significant growth. Consumption of peaked in 2023 and is expected to retain growth in the immediate term.

Production of Mathematical instruments and equipment; n.e.s. in heading no. X in France

In value terms, production of mathematical instruments and equipment; n.e.s. in heading no. Xs amounted to less than $X in 2023 estimated in export price. Overall, production saw a significant increase. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Exports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Exports from France

In 2023, overseas shipments of mathematical instruments and equipment; n.e.s. in heading no. Xs decreased by X% to X units, falling for the sixth consecutive year after two years of growth. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of mathematical instruments and equipment; n.e.s. in heading no. Xs expanded slightly to $X in 2023. The total export value increased at an average annual rate of X% 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 2014 when exports increased by X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for exports of mathematical instruments and equipment; n.e.s. in heading no. Xs from France, with a X% share of total exports. Moreover, exports of mathematical instruments and equipment; n.e.s. in heading no. Xs to Belgium exceeded the volume sent to the second major destination, Spain (X units), twofold. The third position in this ranking was held by Germany (X units), with an X% share.

From 2012 to 2023, the average annual growth rate of volume to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

In value terms, Belgium ($X) remains the key foreign market for mathematical instruments and equipment; n.e.s. in heading no. Xs exports from France, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

The average export price for mathematical instruments and equipment; n.e.s. in heading no. Xs stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Imports into France

In 2023, supplies from abroad of mathematical instruments and equipment; n.e.s. in heading no. Xs decreased by X% to X units, falling for the second consecutive year after ten years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of mathematical instruments and equipment; n.e.s. in heading no. Xs contracted modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of mathematical instruments and equipment; n.e.s. in heading no. X to France, with a X% share of total imports. Moreover, imports of mathematical instruments and equipment; n.e.s. in heading no. Xs from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2020 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, China ($X), Belgium ($X) and Germany ($X) constituted the largest mathematical instruments and equipment; n.e.s. in heading no. X suppliers to France, together accounting for X% of total imports. The Netherlands, Italy, Spain and Thailand lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Thailand, 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

In 2023, the average import price for mathematical instruments and equipment; n.e.s. in heading no. Xs amounted to $X per unit, growing by X% against the previous year. Over the period from 2020 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2020 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform