Updated Nov 9, 2022 09:51

Vulcanised Rubber Erases Market in France

Market Overview
The French vulcanised rubber erases market reduced notably to $ in , declining 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, posted a resilient expansion. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.


Consumption
Vulcanised rubber erases consumption in France expanded significantly to tons in , increasing by % on the previous year. In general, consumption saw resilient growth. Over the period under review, consumption reached the peak volume at tons in ; however, from to , consumption stood at a somewhat lower figure.

The size of the vulcanised rubber erases market in France expanded to $ in , with an increase of % 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 continues to indicate a notable expansion. Vulcanised rubber erases consumption peaked at $ in 2011; however, from 2012 to , consumption failed to regain momentum.


Market Forecast
Driven by increasing demand for erasers of vulcanised rubber in France, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding 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
Vulcanised rubber erases market in France consists almost entirely of imported products.


Trade Balance
France remains a net importer of vulcanised rubber erases; 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.