Ireland: Organ Extracts Market 2024

Organ Extracts Market Size in Ireland

In 2022, the Irish organ extracts market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption recorded a significant increase. Organ extracts consumption peaked in 2022 and is expected to retain growth in years to come.

Organ Extracts Production in Ireland

In value terms, organ extracts production stood at less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with a decrease of X%. Organ extracts production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Organ Extracts Exports

Exports from Ireland

In 2022, approx. X tons of extracts of glands or other organs or of their secretions were exported from Ireland; with a decrease of X% against the previous year. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, organ extracts exports dropped sharply to $X in 2022. Overall, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X,140%. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.

Exports by Country

The United States (X tons) was the main destination for organ extracts exports from Ireland, accounting for a X% share of total exports. Moreover, organ extracts exports to the United States exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mexico (X% per year).

In value terms, the United States ($X) remains the key foreign market for extracts of glands or other organs or of their secretions exports from Ireland, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average organ extracts export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($X 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 United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Organ Extracts Imports

Imports into Ireland

In 2022, imports of extracts of glands or other organs or of their secretions into Ireland fell dramatically to X tons, with a decrease of X% compared with 2021. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, organ extracts imports shrank sharply to $X in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of organ extracts to Ireland, accounting for a X% share of total imports. Moreover, organ extracts imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X kg), twofold. Brazil (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Brazil (X% per year).

In value terms, the United States ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Ireland, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average organ extracts import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X,735 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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