Price for Waste, Parings and Scrap, of Plastics in Ireland - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Ireland (CIF) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Ireland (FOB) - 2023
- Imports of Waste, Parings and Scrap, of Plastics in Ireland
- Exports of Waste, Parings and Scrap, of Plastics in Ireland
Price for Waste, Parings and Scrap, of Plastics in Ireland (CIF) - 2022
The average import price for waste, parings and scrap, of plasticses stood at $1,062 per ton in 2022, increasing by 16% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2021 when the average import price increased by 28%. The import price peaked at $1,253 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,447 per ton), while the price for Poland ($390 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Waste, Parings and Scrap, of Plastics in Ireland (FOB) - 2023
In October 2023, the average export price for waste, parings and scrap, of plasticses amounted to $342 per ton, which is down by -25.4% against the previous month. In general, the export price showed a pronounced downturn. The pace of growth was the most pronounced in September 2023 an increase of 30% against the previous month. Over the period under review, the average export prices attained the maximum at $538 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the Netherlands ($570 per ton), while the average price for exports to Malaysia ($157 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 Turkey (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Waste, Parings and Scrap, of Plastics in Ireland
Imports of waste, parings and scrap, of plasticses into Ireland contracted significantly to 37K tons in 2022, shrinking by -18.3% against 2021 figures. Overall, imports continue to indicate a precipitous descent. The smallest decline of -2.1% was in 2021.
In value terms, imports of waste, parings and scrap, of plasticses shrank to $39M in 2022. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.
| Import of Waste, Parings and Scrap, of Plastics in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.5 | 7.3 | 8.0 | 14.0 | 29.1% |
| Indonesia | 10.5 | 3.3 | 4.8 | 7.6 | -10.2% |
| Netherlands | 16.7 | 5.1 | 8.6 | 5.3 | -31.8% |
| Germany | 5.6 | 3.9 | 4.3 | 4.2 | -9.1% |
| Nigeria | N/A | 0.1 | 2.3 | 1.5 | 287.3% |
| France | 20.3 | 8.6 | 6.4 | 0.7 | -67.5% |
| Greece | N/A | N/A | N/A | 0.7 | 0% |
| Kenya | 0.5 | 0.2 | 0.4 | 0.7 | 11.9% |
| Poland | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Lithuania | 1.6 | 2.1 | 1.4 | 0.4 | -37.0% |
| Australia | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Others | 3.5 | 2.6 | 4.8 | 3.5 | 0.0% |
| Total | 65.3 | 33.2 | 41.5 | 39.4 | -15.5% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Ireland in 2022:
- United Kingdom (16.6K tons)
- Indonesia (5.2K tons)
- Netherlands (3.8K tons)
- Germany (3.5K tons)
- Poland (1.2K tons)
- Kenya (1.1K tons)
- Nigeria (1.1K tons)
- Greece (0.8K tons)
- France (0.6K tons)
- Australia (0.6K tons)
- Lithuania (0.2K tons)
Exports of Waste, Parings and Scrap, of Plastics in Ireland
In 2022, exports of waste, parings and scrap, of plasticses from Ireland surged to 65K tons, jumping by 33% against the year before. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +71.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of waste, parings and scrap, of plasticses surged to $33M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Waste, Parings and Scrap, of Plastics in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10.1 | 10.0 | 9.8 | 21.6 | 28.8% |
| Netherlands | 4.2 | 3.4 | 3.9 | 6.8 | 17.4% |
| Germany | 0.1 | 0.1 | 0.2 | 1.2 | 128.9% |
| Turkey | 0.3 | 1.3 | 2.4 | 1.1 | 54.2% |
| Belgium | 1.4 | 0.3 | 0.1 | 0.7 | -20.6% |
| Others | 1.8 | 1.9 | 5.2 | 1.6 | -3.9% |
| Total | 17.9 | 17.0 | 21.6 | 32.9 | 22.5% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Ireland in 2022:
- United Kingdom (40.3K tons)
- Netherlands (14.5K tons)
- Turkey (4.2K tons)
- Germany (2.0K tons)
- Belgium (0.8K tons)
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