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Ireland - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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Ireland: Preserved Herring Market Overview 2021

Preserved Herring Market Size in Ireland

In 2020, the Irish preserved herring market increased by X% to $X for the first time since 2016, thus ending a three-year declining trend. In general, consumption posted a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Preserved Herring Production in Ireland

In value terms, preserved herring production fell modestly to $X in 2020 estimated in export prices. Overall, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 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.

Preserved Herring Exports

Exports from Ireland

Preserved herring exports from Ireland skyrocketed to X tonnes in 2020, growing by X% against 2019 figures. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, preserved herring exports soared to $X in 2020. Over the period under review, exports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The UK (X tonnes) was the main destination for preserved herring exports from Ireland, accounting for a X% share of total exports. It was followed by Greece (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK amounted to +X%.

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

From 2007 to 2020, the average annual growth rate of value to the UK amounted to +X%.

Export Prices by Country

The average preserved herring export price stood at $X per tonne in 2020, surging by X% against the previous year. In general, export price indicated a remarkable increase from 2007 to 2020: its price 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, preserved herring export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Greece ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

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

Preserved Herring Imports

Imports into Ireland

In 2020, purchases abroad of herrings (prepared or preserved) increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved herring imports soared to $X in 2020. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of preserved herring to Ireland, accounting for a X% share of total imports. Moreover, preserved herring imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold. The third position in this ranking was occupied by Norway (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Norway (X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Germany (+X% per year).

Import Prices by Country

The average preserved herring import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, import price indicated a remarkable increase from 2007 to 2020: its price 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. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Norway ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?
+
China (664K tonnes) remains the largest preserved herring consuming country worldwide, accounting for 16% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (305K tonnes), twofold. The third position in this ranking was occupied by India (275K tonnes), with a 6.7% share.
What are the largest producers of herrings (prepared or preserved) in the world?
+
China (667K tonnes) constituted the country with the largest volume of preserved herring production, comprising approx. 16% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, the U.S. (295K tonnes), twofold. The third position in this ranking was occupied by India (276K tonnes), with a 6.7% share.
What are the leading suppliers of herrings (prepared or preserved) to Ireland?
+
In value terms, the UK ($15M) constituted the largest supplier of preserved herring to Ireland, comprising 85% of total imports. The second position in the ranking was occupied by Norway ($900K), with a 5% share of total imports. It was followed by Germany, with a 2.7% share.
What are the leading importers of herrings (prepared or preserved) from Ireland?
+
In value terms, the UK ($2.1M) remains the key foreign market for preserved herring exports from Ireland, comprising 98% of total exports. The second position in the ranking was occupied by Greece ($39K), with a 1.8% share of total exports.
What is the average export price for herrings (prepared or preserved) in Ireland?
+
The average preserved herring export price stood at $5,660 per tonne in 2020, growing by 7.8% against the previous year.
What is the average import price for herrings (prepared or preserved) in Ireland?
+
In 2020, the average preserved herring import price amounted to $4,871 per tonne, with an increase of 15% against the previous year.

Product coverage:
• Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

This report provides an in-depth analysis of the preserved herring 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 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, 2007–2020
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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