Updated Mar 19, 2023 11:15

Reclaimed Rubber Market in France

Market Overview
After two years of decline, the French reclaimed rubber market increased by % to $ in . Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption stood at a somewhat lower figure.

In value terms, reclaimed rubber production reduced modestly to $ in estimated in export price. Over the period under review, production posted significant growth. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Reclaimed rubber production peaked at $ in , and then reduced in the following year.


Consumption
In , after two years of decline, there was significant growth in consumption of reclaimed rubber, when its volume increased by % to tons. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, consumption reached the peak volume at tons in 2019; however, from to , consumption failed to regain momentum.

The size of the reclaimed rubber market in France skyrocketed to $ in , increasing 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). In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.


Market Forecast
Driven by rising demand for reclaimed rubber in France, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, the share of imports in terms of total reclaimed rubber consumption in France was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the France reclaimed rubber market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.


Trade Balance
France remains a net importer of reclaimed rubber; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.