Ireland - Citric Acid And Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCitric Acid Price in Ireland - 2023
Contents:
- Citric Acid Price in Ireland (CIF) - 2022
- Citric Acid Price in Ireland (FOB) - 2023
- Citric Acid Imports in Ireland
- Citric Acid Exports in Ireland
Citric Acid Price in Ireland (CIF) - 2022
In 2022, the average citric acid import price amounted to $2,242 per ton, increasing by 49% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citric acid import price increased by +69.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Brazil ($3,182 per ton), while the price for Austria ($1,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Citric Acid Price in Ireland (FOB) - 2023
In June 2023, the average citric acid export price amounted to $3,692 per ton, with an increase of 11% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in October 2022 an increase of 33% m-o-m. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Spain ($14,394 per ton), while the average price for exports to Saudi Arabia ($1,751 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Citric Acid Imports in Ireland
In 2022, approx. 44K tons of citric acid and its salts and esters were imported into Ireland; picking up by 28% on the previous year. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, citric acid imports surged to $99M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Citric Acid in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 24.2 | 21.7 | 27.1 | 39.9 | 18.1% |
| China | 6.0 | 8.4 | 6.6 | 21.2 | 52.3% |
| Belgium | 3.6 | 5.2 | 5.5 | 11.9 | 49.0% |
| Germany | 6.1 | 5.7 | 4.7 | 10.5 | 19.8% |
| France | 0.4 | 0.1 | 1.8 | 5.6 | 141.0% |
| Others | 5.6 | 3.1 | 5.6 | 9.4 | 18.8% |
| Total | 46.0 | 44.2 | 51.4 | 98.5 | 28.9% |
Top Suppliers of Citric Acid to Ireland in 2022:
- Austria (20.7K tons)
- China (9.6K tons)
- Germany (4.9K tons)
- Belgium (4.3K tons)
- France (2.4K tons)
Citric Acid Exports in Ireland
Citric acid exports from Ireland soared to 7.3K tons in 2022, rising by 18% on 2021 figures. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 46%.
In value terms, citric acid exports soared to $23M in 2022. Overall, exports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Citric Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,575 | 1,950 | 4,958 | 6,480 | 60.2% |
| Uganda | 457 | 108 | 2.1 | 1,553 | 50.3% |
| Egypt | 1,213 | 654 | 738 | 1,051 | -4.7% |
| Spain | 2,895 | 1,102 | 1,430 | 1,046 | -28.8% |
| Russia | 744 | 225 | 412 | 1,032 | 11.5% |
| France | 667 | 197 | 404 | 698 | 1.5% |
| Netherlands | 167 | 139 | 257 | 685 | 60.1% |
| Saudi Arabia | 1,180 | 73.1 | 3.0 | 587 | -20.8% |
| Nigeria | 1,052 | 58.6 | N/A | 454 | -24.4% |
| United Arab Emirates | N/A | 89.1 | 3.2 | 324 | 90.7% |
| Germany | 288 | 213 | 339 | 300 | 1.4% |
| Turkey | 397 | 323 | 277 | 234 | -16.2% |
| Uzbekistan | 29.6 | 1.3 | 41.4 | 233 | 98.9% |
| Others | 10,621 | 4,743 | 6,759 | 7,825 | -9.7% |
| Total | 21,286 | 9,876 | 15,623 | 22,502 | 1.9% |
Top Export Markets for Citric Acid from Ireland in 2022:
- United Kingdom (2378.4 tons)
- Uganda (1012.3 tons)
- Russia (462.4 tons)
- Egypt (386.8 tons)
- France (287.5 tons)
- Saudi Arabia (219.0 tons)
- Netherlands (196.7 tons)
- Nigeria (174.8 tons)
- Turkey (122.3 tons)
- United Arab Emirates (120.4 tons)
- Germany (119.5 tons)
- Uzbekistan (114.9 tons)
- Spain (113.4 tons)
This report provides an in-depth analysis of the citric acid market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143473 - Citric acid and its salts and esters
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
400
This report provides an in-depth analysis of the citric acid market in Ireland.
389
This report provides an in-depth analysis of the carboxylic acid market in Ireland.
370
This report provides an in-depth analysis of the salicylic acid market in Ireland.
309
This report provides an in-depth analysis of the o-acetylsalicylic acid market in Ireland.
842
This report provides an in-depth analysis of the global citric acid market.
601
This report provides an in-depth analysis of the global carboxylic acid market.
580
This report provides an in-depth analysis of the global salicylic acid market.
553
This report provides an in-depth analysis of the global o-acetylsalicylic acid market.
400
This report provides an in-depth analysis of the citric acid market in Ireland.
389
This report provides an in-depth analysis of the carboxylic acid market in Ireland.
1237
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
971
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
712
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
646
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
755
In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
891
In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
1237
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
971
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
712
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
646
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
