Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland (CIF) - 2023
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland (FOB) - 2023
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,398 per ton in October 2023, reducing by -25.7% against the previous month. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in June 2023 an increase of 43% m-o-m. The import price peaked at $4,802 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($30,650 per ton), while the price for Turkey ($1,035 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland (FOB) - 2023

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $16,689 per ton in October 2023, waning by -2.2% against the previous month. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in March 2023 an increase of 42% against the previous month. The export price peaked at $34,222 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Poland ($66,287 per ton), while the average price for exports to Turkey ($9,098 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland

For the fourth year in a row, Ireland recorded growth in purchases abroad of felt; whether or not impregnated, coated, covered or laminateds, which increased by 1.6% to 1.4K tons in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 152% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $5.7M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 129%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Ireland in 2022:

1. United Kingdom (849.2 tons)
2. Turkey (242.5 tons)
3. Germany (113.2 tons)
4. China (86.0 tons)
5. France (67.3 tons)
6. United States (37.5 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ireland

In 2022, approx. 142 tons of felt; whether or not impregnated, coated, covered or laminateds were exported from Ireland; with an increase of 19% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $2.9M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Ireland in 2022:

1. United Kingdom (92.7 tons)
2. Poland (9.4 tons)
3. Czech Republic (8.5 tons)
4. France (8.0 tons)
5. China (6.2 tons)
6. United States (3.1 tons)
7. Slovakia (2.7 tons)
8. Spain (1.3 tons)

Source: IndexBox Market Intelligence Platform