France: Cotton Yarn Market 2024

Cotton Yarn Market Size in France

In 2022, the French cotton yarn market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Cotton Yarn Production in France

In value terms, cotton yarn production declined dramatically to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Cotton yarn production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cotton Yarn Exports

Exports from France

In 2022, shipments abroad of cotton yarn decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cotton yarn exports shrank to $X in 2022. In general, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Morocco (X tons) and Tunisia (X tons) were the main destinations of cotton yarn exports from France, together accounting for X% of total exports. Turkey, the United States, Germany, Italy, Spain, Bulgaria, Switzerland and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for cotton yarn exports from France, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Italy (X% per year).

Export Prices by Country

The average cotton yarn export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, 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 the United States ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Yarn Imports

Imports into France

In 2022, purchases abroad of cotton yarn increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cotton yarn imports expanded rapidly to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Turkey (X tons), Belgium (X tons) and Portugal (X tons) were the main suppliers of cotton yarn imports to France, together comprising X% of total imports. Spain, Italy, Germany, Poland, India, Pakistan, Greece and Egypt lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Belgium ($X) and Portugal ($X) constituted the largest cotton yarn suppliers to France, together accounting for X% of total imports. Italy, Germany, Spain, Poland, Pakistan, India, Greece and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cotton yarn import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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