Updated Oct 18, 2022 01:42

Non-Reinforced Rubber Tubing Market in France

Market Overview
The French non-reinforced rubber tubing market 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, however, saw a abrupt decline. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.

In value terms, non-reinforced rubber tubing production rose markedly to $ in estimated in export price. Over the period under review, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of %. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.


Consumption
In , the amount of rubber tubing not reinforced consumed in France declined to tons, dropping by -% against the previous year. Overall, consumption saw a noticeable decline. Non-reinforced rubber tubing consumption peaked at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

The revenue of the non-reinforced rubber tubing market in France declined modestly to $ in , 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). In general, consumption showed a deep reduction. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for non-reinforced rubber tubing in France, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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 .


Trade Balance
France remains a net importer of non-reinforced rubber tubing; 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 $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.