France: Ship Propeller Market 2024

Ship Propeller Market Size in France

The French ship propeller market fell significantly to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ship Propeller Production in France

In value terms, ship propeller production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Ship Propeller Exports

Exports from France

In 2022, the amount of ships or boats propellers and blades therefor exported from France fell to X units, with a decrease of X% compared with 2021 figures. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, ship propeller exports dropped markedly to $X in 2022. In general, exports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Cayman Islands (X units), Turkey (X units) and Italy (X units) were the main destinations of ship propeller exports from France, together accounting for X% of total exports. Morocco, Tunisia, Algeria, French Southern Territories, Bulgaria, Poland, Gabon, Switzerland, the UK and Sweden lagged somewhat behind, together accounting for a further X%.

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

In value terms, Cayman Islands ($X) emerged as the key foreign market for ships or boats propellers and blades therefor exports from France, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cayman Islands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Turkey (X% per year).

Export Prices by Country

The average ship propeller export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cayman Islands ($X per unit), while the average price for exports to Gabon ($X per unit) was amongst the lowest.

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

Ship Propeller Imports

Imports into France

In 2022, purchases abroad of ships or boats propellers and blades therefor increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ship propeller imports contracted slightly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Norway (X units) were the main suppliers of ship propeller imports to France, with a combined X% share of total imports. South Korea, Singapore, Italy, Belgium, the Netherlands, Sweden, Spain, the Philippines, the United States and Japan lagged somewhat behind, together comprising a further X%.

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

In value terms, Belgium ($X), Sweden ($X) and Taiwan (Chinese) ($X) appeared to be the largest ship propeller suppliers to France, with a combined X% share of total imports. The Netherlands, Italy, China, Norway, the Philippines, Singapore, Spain, South Korea, the United States and Japan lagged somewhat behind, together accounting for a further X%.

Singapore, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 ship propeller import price amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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