Report Update: May 1, 2024

Ireland - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights

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Price for Phenols and Other Oils and Oil Products in Ireland - 2023

Price for Phenols and Other Oils and Oil Products in Ireland (FOB) - 2022

The average export price for phenols and other oils and oil products stood at $1,500 per ton in 2022, with a decrease of -93.6% against the previous year. Overall, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2013 an increase of 107% against the previous year. The export price peaked at $23,449 per ton in 2021, and then fell notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +59.0% per year.

Price for Phenols and Other Oils and Oil Products in Ireland (CIF) - 2023

The average import price for phenols and other oils and oil products stood at $1,226 per ton in September 2023, with a decrease of -1.8% against the previous month. Overall, import price indicated a pronounced increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for phenols and other oils and oil products decreased by +0.5% against July 2023 indices. The pace of growth was the most pronounced in November 2022 when the average import price increased by 74% m-o-m. The import price peaked at $1,320 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From September 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +3.4% per month.

Exports of Phenols and Other Oils and Oil Products in Ireland

Exports of phenols and other oils and oil products from Ireland skyrocketed to 14K tons in 2022, surging by 1,853,929% on the year before. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of phenols and other oils and oil products soared to $21M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Phenols and Other Oils and Oil Products in Ireland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	N/A	N/A	N/A	21.4	0%
Netherlands	N/A	N/A	N/A	N/A	0%
United States	N/A	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	N/A	N/A	N/A	21.4	0%

Top Export Markets for Phenols and Other Oils and Oil Products from Ireland in 2022:

United Kingdom (14.3K tons)

Imports of Phenols and Other Oils and Oil Products in Ireland

In 2022, purchases abroad of phenols and other oils and oil products decreased by 0% to 7.7K tons, falling for the second consecutive year after two years of growth. In general, imports showed a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of phenols and other oils and oil products totaled $6.5M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 21%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Phenols and Other Oils and Oil Products in Ireland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	3.3	4.3	N/A	4.4	10.1%
Germany	N/A	N/A	N/A	1.8	0%
United Kingdom	0.3	0.1	N/A	0.2	-12.6%
Others	N/A	N/A	N/A	0.1	0%
Total	3.7	4.5	N/A	6.5	20.7%

Top Suppliers of Phenols and Other Oils and Oil Products to Ireland in 2022:

Denmark (7.3K tons)
Germany (0.2K tons)
United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
Prodcom 20147390 - Other oils and oil products, n.e.c.

Country coverage:

Ireland

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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