Ireland - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Ireland - 2023
Contents:
- Industrial Oleic Acid Price in Ireland (FOB) - 2022
- Industrial Oleic Acid Price in Ireland (CIF) - 2022
- Industrial Oleic Acid Exports in Ireland
- Industrial Oleic Acid Imports in Ireland
Industrial Oleic Acid Price in Ireland (FOB) - 2022
The average industrial oleic acid export price stood at $4,799 per ton in 2022, with a decrease of -7.2% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 182% against the previous year. The export price peaked at $5,173 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($7,287 per ton), while the average price for exports to France ($2,839 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 Switzerland (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Price in Ireland (CIF) - 2022
In 2022, the average industrial oleic acid import price amounted to $3,020 per ton, jumping by 18% against the previous year. Overall, the import price recorded measured growth. The most prominent rate of growth was recorded in 2018 an increase of 161% against the previous year. The import price peaked at $3,592 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,867 per ton), while the price for Belgium ($1,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the prices for the other major suppliers experienced a decline.
Industrial Oleic Acid Exports in Ireland
In 2022, approx. 43 tons of industrial oleic acid were exported from Ireland; reducing by -33.5% against 2021. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 171%.
In value terms, industrial oleic acid exports contracted notably to $205K in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 327%. As a result, the exports attained the peak of $333K, and then declined notably in the following year.
| Export of Industrial Oleic Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 130 | 37.9 | 145 | 78.1 | -15.6% |
| Belgium | 48.4 | N/A | 5.7 | 32.6 | -12.3% |
| Switzerland | 24.2 | 14.7 | N/A | 31.4 | 9.1% |
| Sweden | 22.7 | N/A | N/A | 21.3 | -2.1% |
| France | 18.8 | 9.2 | 56.7 | 19.0 | 0.4% |
| Spain | 13.2 | 8.9 | 13.7 | 12.6 | -1.5% |
| Netherlands | 0.9 | 7.2 | 0.1 | 4.6 | 72.3% |
| United Kingdom | 0.4 | N/A | 101 | 1.4 | 51.8% |
| Others | N/A | N/A | 11.1 | 4.3 | -61.3% |
| Total | 259 | 78.0 | 333 | 205 | -7.5% |
Top Export Markets for Industrial Oleic Acid from Ireland in 2022:
- Italy (10.7 tons)
- Switzerland (7.7 tons)
- Sweden (7.2 tons)
- France (6.7 tons)
- Belgium (4.6 tons)
- Spain (4.1 tons)
- Netherlands (0.6 tons)
- United Kingdom (0.4 tons)
Industrial Oleic Acid Imports in Ireland
In 2022, supplies from abroad of industrial oleic acid decreased by -10.2% to 69 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 631% against the previous year.
In value terms, industrial oleic acid imports totaled $208K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 721%. As a result, imports reached the peak of $219K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Industrial Oleic Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.1 | 214 | 62.5 | 152 | 87.4% |
| Belgium | 1.0 | 4.1 | 130 | 48.0 | 263.4% |
| United Kingdom | 1.9 | 1.0 | 3.6 | 5.4 | 41.6% |
| Others | 0.7 | N/A | 0.9 | 2.3 | 48.7% |
| Total | 26.7 | 219 | 197 | 208 | 98.2% |
Top Suppliers of Industrial Oleic Acid to Ireland in 2022:
- United States (39.4 tons)
- Belgium (27.2 tons)
- United Kingdom (1.6 tons)
This report provides an in-depth analysis of the industrial oleic 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 20143130 - Industrial oleic acid
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
-
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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