Ireland - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ireland - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Mustard Price in Ireland - 2023

Contents:

  1. Prepared Mustard Price in Ireland (CIF) - 2023
  2. Prepared Mustard Price in Ireland (FOB) - 2022
  3. Prepared Mustard Imports in Ireland
  4. Prepared Mustard Exports in Ireland

Prepared Mustard Price in Ireland (CIF) - 2023

The average prepared mustard import price stood at $3,922 per ton in August 2023, approximately reflecting the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. The pace of growth appeared the most rapid in November 2022 an increase of 21% month-to-month. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,647 per ton), while the price for Thailand ($1,509 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Mustard Price in Ireland (FOB) - 2022

In 2022, the average prepared mustard export price amounted to $4,924 per ton, with a decrease of -9.3% against the previous year. In general, the export price recorded a slight contraction. The growth pace was the most rapid in 2020 an increase of 46%. Over the period under review, the average export prices hit record highs at $5,772 per ton in 2015; however, from 2016 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 Portugal ($8,352 per ton), while the average price for exports to France ($2,611 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 the UK (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Prepared Mustard Imports in Ireland

Prepared mustard imports into Ireland rose sharply to 921 tons in 2022, surging by 5.8% on 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared mustard imports totaled $2.7M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Prepared Mustard in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,1781,7951,2641,5559.7%
United States91.013.917931551.3%
Poland2262763282969.4%
Germany183259183174-1.7%
France253210216163-13.6%
HungaryN/AN/AN/A1340%
Thailand15.813.316.436.031.6%
Others26119832542.2-45.5%
Total2,2092,7662,5112,7157.1%

Top Suppliers of Prepared Mustard to Ireland in 2022:

  1. United Kingdom (531.0 tons)
  2. Poland (100.2 tons)
  3. United States (90.1 tons)
  4. France (62.0 tons)
  5. Germany (59.2 tons)
  6. Hungary (43.0 tons)
  7. Thailand (17.4 tons)

Prepared Mustard Exports in Ireland

In 2022, the amount of prepared mustard exported from Ireland soared to 49 tons, growing by 29% against the previous year. Over the period under review, exports, however, showed a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of 64%.

In value terms, prepared mustard exports skyrocketed to $240K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Prepared Mustard in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom16291.11511630.2%
South KoreaN/A1.4N/A33.9392.1%
PortugalN/AN/A6.314.1123.8%
Bahrain10.55.99.48.9-5.4%
Hungary4.513.16.48.423.1%
Others9.010.531.911.89.4%
Total1861222052408.9%

Top Export Markets for Prepared Mustard from Ireland in 2022:

  1. United Kingdom (33.2 tons)
  2. South Korea (7.3 tons)
  3. Bahrain (3.2 tons)
  4. Portugal (1.7 tons)
  5. Hungary (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
  • Prodcom 10841255 - Prepared mustard

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Prepared Mustard - Ireland