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Ireland - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Ireland: Glucose Market Overview 2021

Glucose Market Size in Ireland

The Irish glucose market skyrocketed to $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Glucose Production in Ireland

In value terms, glucose production surged to $X in 2020 estimated in export prices. In general, the total production indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Glucose Exports

Exports from Ireland

In 2020, after three years of growth, there was significant decline in overseas shipments of glucose and glucose syrup, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2019, and then fell significantly in the following year.

In value terms, glucose exports fell sharply to $X in 2020. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Denmark (X tonnes) and the UK (X tonnes) were the main destinations of glucose exports from Ireland.

From 2007 to 2020, the biggest increases were in Denmark.

In value terms, the largest markets for glucose exported from Ireland were the UK ($X) and Denmark ($X the main countries of destination, Denmark saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average glucose export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Denmark totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Glucose Imports

Imports into Ireland

In 2020, overseas purchases of glucose and glucose syrup were finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, total imports indicated notable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glucose imports soared to $X in 2020. Overall, total imports indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tonnes), the UK (X tonnes) and the U.S. (X tonnes) were the main suppliers of glucose imports to Ireland, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in the U.S., while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), France ($X) and the U.S. ($X) constituted the largest glucose suppliers to Ireland, together accounting for X% of total imports.

The U.S. recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average glucose import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glucose and glucose syrup in the world?
+
The countries with the highest volumes of glucose consumption in 2020 were China (6.4M tonnes), the U.S. (3.3M tonnes) and India (2.6M tonnes), with a combined 45% share of global consumption. These countries were followed by Pakistan, Brazil, Indonesia, France, Mexico, Belgium, Germany, the UK, Canada and Viet Nam, which together accounted for a further 29%.
What are the largest producers of glucose and glucose syrup in the world?
+
China (7.2M tonnes) remains the largest glucose producing country worldwide, accounting for 27% of total volume. Moreover, glucose production in China exceeded the figures recorded by the second-largest producer, the U.S. (3.4M tonnes), twofold. India (2.7M tonnes) ranked third in terms of total production with a 10% share.
What are the leading suppliers of glucose and glucose syrup to Ireland?
+
In value terms, the UK ($7.2M), France ($5.7M) and the U.S. ($5.2M) appeared to be the largest glucose suppliers to Ireland, with a combined 84% share of total imports.
What are the leading importers of glucose and glucose syrup from Ireland?
+
In value terms, the UK ($1.3M) and Denmark ($665K) constituted the largest markets for glucose exported from Ireland worldwide.
What is the average export price for glucose and glucose syrup in Ireland?
+
The average glucose export price stood at $879 per tonne in 2020, increasing by 42% against the previous year.
What is the average import price for glucose and glucose syrup in Ireland?
+
The average glucose import price stood at $607 per tonne in 2020, rising by 7.4% against the previous year.

Product coverage:
• Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)

This report provides an in-depth analysis of the glucose 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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