France: Way-Type Unit Head Market 2024

Way-Type Unit Head Market Size in France

In 2021, the French way-type unit head market decreased by -31% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Way-Type Unit Head Production in France

In value terms, way-type unit head production contracted remarkably to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 181%. As a result, production reached the peak level of $X, and then contracted rapidly in the following year.

Way-Type Unit Head Exports

Exports from France

After two years of decline, overseas shipments of way-type unit heads for working metal increased by 374% to X tons in 2021. In general, exports, however, continue to indicate a perceptible contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, way-type unit head exports soared to $X in 2021. Overall, exports, however, recorded a perceptible descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for way-type unit head exports from France, accounting for a 87% share of total exports. Moreover, way-type unit head exports to the United States exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), more than tenfold. The third position in this ranking was held by the UK (X tons), with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +36.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-16.7% per year) and the UK (-17.3% per year).

In value terms, the United States ($X) remains the key foreign market for way-type unit heads for working metal exports from France, comprising 84% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 2.7% share of total exports. It was followed by Switzerland, with a 1.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-2.8% per year) and Switzerland (-18.3% per year).

Export Prices by Country

The average way-type unit head export price stood at $X per ton in 2021, declining by -26.7% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 75%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Imports

Imports into France

In 2021, supplies from abroad of way-type unit heads for working metal was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 235% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, way-type unit head imports skyrocketed to $X in 2021. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 110%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Switzerland (X tons), China (X tons) and Spain (X tons) were the main suppliers of way-type unit head imports to France, together comprising 76% of total imports. Germany, South Korea, the United States, the UK and Italy lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +17.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Switzerland ($X) and China ($X) appeared to be the largest way-type unit head suppliers to France, together comprising 78% of total imports. These countries were followed by South Korea, Spain, the United States, the UK and Italy, which together accounted for a further 21%.

The UK, with a CAGR of +22.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, increasing by 7.6% against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 106% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+58.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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