Ireland - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Bag Price in Ireland - 2023
Contents:
- Cotton Bag Price in Ireland (CIF) - 2023
- Cotton Bag Price in Ireland (FOB) - 2022
- Cotton Bag Imports in Ireland
- Cotton Bag Exports in Ireland
Cotton Bag Price in Ireland (CIF) - 2023
The average cotton bag import price stood at $23,490 per ton in June 2023, jumping by 52% against the previous month. Overall, the import price recorded mild growth. The growth pace was the most rapid in December 2022 an increase of 102% month-to-month. The import price peaked at $46,931 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($51,374 per ton), while the price for France ($15,120 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Bag Price in Ireland (FOB) - 2022
In 2022, the average cotton bag export price amounted to $28,352 per ton, dropping by -54.1% against the previous year. In general, the export price saw a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 205%. As a result, the export price attained the peak level of $61,725 per ton, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($33,794 per ton), while the average price for exports to South Korea ($9,475 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 Spain (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Bag Imports in Ireland
In 2022, the amount of sacks and bags of cotton imported into Ireland soared to 81 tons, growing by 49% on the previous year. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cotton bag imports skyrocketed to $647K in 2022. Over the period under review, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton Bag in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 328 | 110 | 166 | 432 | 9.6% |
| United Kingdom | 117 | 107 | 56.1 | 64.9 | -17.8% |
| India | 22.0 | 10.6 | 92.7 | 62.3 | 41.5% |
| Germany | N/A | 28.0 | 13.6 | 10.6 | -38.5% |
| Others | 82.3 | 30.8 | 99.5 | 76.7 | -2.3% |
| Total | 550 | 287 | 428 | 647 | 5.6% |
Top Suppliers of Cotton Bag to Ireland in 2022:
- China (58.1 tons)
- United Kingdom (9.8 tons)
- India (8.8 tons)
- Germany (2.3 tons)
Cotton Bag Exports in Ireland
In 2022, overseas shipments of sacks and bags of cotton were finally on the rise to reach 1.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cotton bag exports reached $54K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 138% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cotton Bag in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 0.1 | 24.5 | 24400.0% |
| Macao SAR | N/A | N/A | 0.3 | 18.2 | 5966.7% |
| United Kingdom | 9.8 | 17.0 | 2.1 | 7.5 | -8.5% |
| India | 0.1 | N/A | N/A | 1.7 | 157.1% |
| United States | 0.4 | 0.3 | 28.9 | 0.9 | 31.0% |
| South Korea | 7.2 | N/A | N/A | N/A | 0% |
| Qatar | N/A | 1.4 | 0.3 | N/A | -78.6% |
| Others | 5.8 | 1.9 | 17.3 | 1.5 | -36.3% |
| Total | 23.3 | 20.6 | 49.0 | 54.3 | 32.6% |
Top Export Markets for Cotton Bag from Ireland in 2022:
- Turkey (724.0 kg)
- Macao SAR (549.0 kg)
- United Kingdom (484.0 kg)
- India (112.0 kg)
- United States (6.0 kg)
- South Korea (1.0 kg)
This report provides an in-depth analysis of the cotton bag 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 13922130 - Sacks and bags, of cotton, used for packing goods
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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