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Ireland - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Ireland: Aluminium Market Overview 2021

Aluminium Market Size in Ireland

In 2019, after three years of decline, there was growth in the Irish aluminium market, when its value increased by X% to $X. Over the period under review, consumption recorded a strong increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Aluminium consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Aluminium Production in Ireland

In value terms, aluminium production amounted to $X in 2019 estimated in export prices. Over the period under review, production showed a prominent increase. Aluminium production peaked in 2019 and is expected to retain growth in the near future.

Aluminium Exports

Exports from Ireland

For the fourth year in a row, Ireland recorded growth in shipments abroad of aluminium, which increased by X% to X tonnes in 2019. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, aluminium exports reduced to $X in 2019. Over the period under review, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for aluminium exports from Ireland, with a X% share of total exports. Moreover, aluminium exports to Germany exceeded the volume sent to the second major destination, the UK (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and the U.S. (+X% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2019, the average aluminium export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price saw a mild decrease. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into Ireland

In 2019, after two years of growth, there was significant decline in purchases abroad of aluminium, when their volume decreased by -X% to X tonnes. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018, and then plummeted in the following year.

In value terms, aluminium imports declined dramatically to $X in 2019. Overall, imports showed a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018, and then fell dramatically in the following year.

Imports by Country

The UK (X tonnes), France (X tonnes) and Norway (X tonnes) were the main suppliers of aluminium imports to Ireland, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in the UK, while purchases for the other leaders experienced a decline.

In value terms, the UK ($X) constituted the largest supplier of aluminium to Ireland, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from the UK amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Norway (-X% per year).

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was the UK ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium in the world?
+
China (36M tonnes) remains the largest aluminium consuming country worldwide, accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.
What are the largest producers of aluminium in the world?
+
China (36M tonnes) remains the largest aluminium producing country worldwide, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminium to Ireland?
+
In value terms, the UK ($2.7M) constituted the largest supplier of aluminium to Ireland, comprising 61% of total imports. The second position in the ranking was occupied by France ($1.2M), with a 26% share of total imports.
What are the leading importers of aluminium from Ireland?
+
In value terms, Germany ($7.6M) remains the key foreign market for aluminium exports from Ireland, comprising 73% of total exports. The second position in the ranking was occupied by the UK ($2.5M), with a 24% share of total exports.
What is the average export price for aluminium in Ireland?
+
The average aluminium export price stood at $1,987 per tonne in 2019, shrinking by -12.9% against the previous year.
What is the average import price for aluminium in Ireland?
+
In 2019, the average aluminium import price amounted to $2,404 per tonne, which is down by -4.7% against the previous year.

Product coverage:

This report provides an in-depth analysis of the aluminium 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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