Magnesite Market Overview in France
Market Overview
The French magnesite market declined rapidly to $
in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2012 when the market value increased by % against the previous year. Magnesite consumption peaked at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.
In value terms, magnesite production plummeted to $ in 2019 estimated in export prices. In general, production recorded a abrupt decline. The pace of growth appeared the most rapid in 2008 when the production volume increased by % year-to-year. Magnesite production peaked at $ in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.
in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2012 when the market value increased by % against the previous year. Magnesite consumption peaked at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.In value terms, magnesite production plummeted to $
in 2019 estimated in export prices. In general, production recorded a abrupt decline. The pace of growth appeared the most rapid in 2008 when the production volume increased by % year-to-year. Magnesite production peaked at $ in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.Consumption
In 2019, approx. tonnes of magnesite were consumed in France; waning by -% compared with the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the consumption volume increased by % against the previous year. Magnesite consumption peaked at tonnes in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.
The value of the magnesite market in France reduced notably to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted moderate growth. The pace of growth appeared the most rapid in 2012 with an increase of % year-to-year. Magnesite consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.
tonnes of magnesite were consumed in France; waning by -% compared with the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the consumption volume increased by % against the previous year. Magnesite consumption peaked at tonnes in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.The value of the magnesite market in France reduced notably to $
in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted moderate growth. The pace of growth appeared the most rapid in 2012 with an increase of % year-to-year. Magnesite consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.Market Forecast
Driven by increasing demand for magnesite in France, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .Market Structure
Magnesite market in France consists almost entirely of imported products.
Trade Balance
France remains a net importer of magnesite; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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