Ireland: Iron Oxide Pigments Market Overview 2020

Iron Oxide Pigments Market Size in Ireland

The revenue of the iron oxide pigments market in Ireland amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, iron oxide pigments consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Over the period under review, the iron oxide pigments market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Iron Oxide Pigments Exports

Exports from Ireland

In 2018, the iron oxide pigments exports from Ireland stood at X tonnes, increasing by X% against the previous year. Over the period under review, iron oxide pigments exports continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, iron oxide pigments exports reached their peak figure at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, iron oxide pigments exports amounted to $X in 2018. Overall, iron oxide pigments exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tonnes) was the main destination for iron oxide pigments exports from Ireland, accounting for a X% share of total exports. Moreover, iron oxide pigments exports to Hungary exceeded the volume sent to the second major destination, France (X tonnes), sixfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

In value terms, Hungary ($X) remains the key foreign market for iron oxide pigments exports from Ireland, comprising X% of total iron oxide pigments exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average iron oxide pigments export price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the iron oxide pigments export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for iron oxides and hydroxides attained their peak figure at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Hungary ($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 the UK, while the prices for the other major destinations experienced a decline.

Iron Oxide Pigments Imports

Imports into Ireland

Iron oxide pigments imports into Ireland stood at X tonnes in 2018, picking up by X% against the previous year. In general, iron oxide pigments imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, iron oxide pigments imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, iron oxide pigments imports stood at $X in 2018. In general, iron oxide pigments imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The UK (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of iron oxide pigments imports to Ireland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced mixed trend patterns.

In value terms, the largest iron oxide pigments suppliers to Ireland were the UK ($X), Germany ($X) and China ($X), together accounting for X% of total imports.

The UK recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average iron oxide pigments import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the iron oxide pigments import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. In that year, the average import prices for iron oxides and hydroxides reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average import prices for iron oxides and hydroxides remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Spain ($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 U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform