Ireland: Ice Cream Market Overview 2020

Ice Cream Market Size in Ireland

The revenue of the ice cream market in Ireland amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, the ice cream market attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Ice Cream Production in Ireland

In value terms, ice cream production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream production increased by +X% against 2008 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, ice cream production attained its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Ice Cream Exports

Exports from Ireland

In 2018, the amount of ice cream exported from Ireland amounted to X tonnes, surging by X% against the previous year. Over the period under review, the total exports indicated a resilient expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, ice cream exports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, ice cream exports stood at $X in 2018. Over the period under review, the total exports indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, ice cream exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The UK (X tonnes) was the main destination for ice cream exports from Ireland, accounting for a X% share of total exports. Moreover, ice cream exports to the UK exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), sevenfold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, the UK ($X) remains the key foreign market for ice cream exports from Ireland, comprising X% of total ice cream exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2018, the average ice cream export price amounted to $X per tonne, going up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for ice cream reached their maximum at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Qatar ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Ice Cream Imports

Imports into Ireland

Ice cream imports into Ireland amounted to X tonnes in 2018, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, ice cream imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, ice cream imports amounted to $X in 2018. In general, the total imports indicated a conspicuous increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the UK (X tonnes) constituted the largest supplier of ice cream to Ireland, with a X% share of total imports. Moreover, ice cream 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 Belgium (X tonnes), with a X% share.

From 2007 to 2018, 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 Belgium (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (+X% per year).

Import Prices by Country

The average ice cream import price stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Israel ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform