Ireland - Saccharin And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSaccharin Price in Ireland - 2023
Contents:
- Saccharin Price in Ireland (CIF) - 2022
- Saccharin Price in Ireland (FOB) - 2022
- Saccharin Imports in Ireland
- Saccharin Exports in Ireland
Saccharin Price in Ireland (CIF) - 2022
In 2022, the average saccharin import price amounted to $12,140 per ton, increasing by 24% against the previous year. Overall, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 37%. As a result, import price reached the peak level of $22,824 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($82,393 per ton), while the price for the UK ($3,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Saccharin Price in Ireland (FOB) - 2022
In 2022, the average saccharin export price amounted to $17,402 per ton, flattening at the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saccharin export price increased by +101.5% against 2013 indices. The growth pace was the most rapid in 2021 an increase of 34%. As a result, the export price reached the peak level of $17,573 per ton, leveling off in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($86,250 per ton), while the average price for exports to the UK ($9,049 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 Bulgaria (+60.5%), while the prices for the other major destinations experienced more modest paces of growth.
Saccharin Imports in Ireland
In 2022, approx. 146 tons of saccharin and its salts were imported into Ireland; declining by -19.4% against 2021. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, imports attained the peak of 181 tons, and then dropped remarkably in the following year.
In value terms, saccharin imports shrank to $1.8M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports attained the peak of $1.8M, leveling off in the following year.
| Import of Saccharin in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 382 | 307 | 68.0 | 488 | 8.5% |
| Switzerland | 156 | 467 | 520 | 436 | 40.9% |
| India | 414 | 405 | 539 | 283 | -11.9% |
| Spain | 131 | 89.9 | 179 | 188 | 12.8% |
| Netherlands | 20.0 | 9.4 | 81.0 | 120 | 81.7% |
| United Kingdom | 219 | 165 | 278 | 111 | -20.3% |
| Germany | 1.0 | 2.7 | 5.5 | 60.9 | 293.4% |
| France | 263 | 99.8 | 89.4 | 56.4 | -40.1% |
| Others | 53.3 | 7.9 | 15.6 | 23.6 | -23.8% |
| Total | 1,640 | 1,553 | 1,775 | 1,768 | 2.5% |
Top Suppliers of Saccharin to Ireland in 2022:
- South Korea (45.2 tons)
- United Kingdom (31.0 tons)
- India (30.0 tons)
- Spain (10.1 tons)
- Netherlands (9.4 tons)
- Germany (8.6 tons)
- Switzerland (5.3 tons)
- France (4.4 tons)
Saccharin Exports in Ireland
In 2022, overseas shipments of saccharin and its salts decreased by -21% to 21 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, saccharin exports contracted notably to $359K in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year.
| Export of Saccharin in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 144 | 121 | 171 | 142 | -0.5% |
| Croatia | N/A | 25.2 | 91.9 | 83.5 | 82.0% |
| Serbia | 31.6 | 35.8 | 55.7 | 52.1 | 18.1% |
| Bulgaria | 47.1 | 51.7 | 55.0 | 49.7 | 1.8% |
| Greece | 2.9 | 1.2 | 4.7 | 6.4 | 30.2% |
| Sweden | 4.8 | 6.8 | 5.9 | 6.1 | 8.3% |
| France | 55.3 | 119 | 57.5 | 5.2 | -54.5% |
| Others | 28.2 | 22.5 | 17.2 | 14.4 | -20.1% |
| Total | 313 | 383 | 459 | 359 | 4.7% |
Top Export Markets for Saccharin from Ireland in 2022:
- United Kingdom (15.7 tons)
- Croatia (1.4 tons)
- Serbia (0.9 tons)
- Bulgaria (0.6 tons)
- Sweden (0.5 tons)
- Greece (0.4 tons)
- France (0.4 tons)
This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
294
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This report provides an in-depth analysis of the saccharin market in Ireland.
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