Price for Homogenised Composite Food Preparations in Ireland - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Ireland (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Ireland (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Ireland
4. Exports of Homogenised Composite Food Preparations in Ireland

Price for Homogenised Composite Food Preparations in Ireland (CIF) - 2023

The average homogenised composite food preparations import price stood at $6,680 per ton in April 2023, rising by 10% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in December 2022 when the average import price increased by 19% against the previous month. The import price peaked at $6,691 per ton in January 2023; afterwards, it flattened through to April 2023.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Italy ($10,351 per ton), while the price for Lebanon ($2,814 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Romania (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Ireland (FOB) - 2022

The average homogenised composite food preparations export price stood at $5,195 per ton in 2022, jumping by 22% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $6,957 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($12,576 per ton), while the average price for exports to the UK ($4,197 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 (-2.8%).

Imports of Homogenised Composite Food Preparations in Ireland

In 2022, purchases abroad of homogenised composite food preparationses decreased by -28.6% to 820 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, homogenised composite food preparations imports contracted remarkably to $4.7M in 2022. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Homogenised Composite Food Preparations to Ireland in 2022:

1. France (undefined tons)
2. United Kingdom (397.8 tons)
3. Netherlands (304.3 tons)
4. Poland (68.7 tons)
5. Spain (20.7 tons)
6. Germany (3.6 tons)

Exports of Homogenised Composite Food Preparations in Ireland

After two years of decline, shipments abroad of homogenised composite food preparationses increased by 93% to 48 tons in 2022. In general, exports, however, continue to indicate a sharp reduction.

In value terms, homogenised composite food preparations exports skyrocketed to $247K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump.

Top Export Markets for Homogenised Composite Food Preparations from Ireland in 2022:

1. United Kingdom (30.1 tons)
2. France (11.9 tons)
3. Denmark (3.7 tons)