Ireland: Natural Polymers Market 2024

Natural Polymers Market Size in Ireland

The Irish natural polymers market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption showed strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Natural Polymers Production in Ireland

In value terms, natural polymers production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Natural Polymers Exports

Exports from Ireland

After two years of growth, shipments abroad of natural and modified natural polymers in primary forms decreased by X% to X tons in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural polymers exports reduced notably to $X in 2022. In general, exports, however, enjoyed measured growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

Democratic Republic of the Congo (X tons), the United States (X tons) and Spain (X tons) were the main destinations of natural polymers exports from Ireland, together accounting for X% of total exports. Angola, the UK, Benin and Togo lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural polymers exported from Ireland were the United States ($X), Democratic Republic of the Congo ($X) and the UK ($X), together comprising X% of total exports. Spain, Angola, Benin and Togo lagged somewhat behind, together comprising a further X%.

Benin, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average natural polymers export price stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Benin ($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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Polymers Imports

Imports into Ireland

In 2022, natural polymers imports into Ireland surged to X tons, jumping by X% against the previous year's figure. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, natural polymers imports soared to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest natural polymers supplier to Ireland, accounting for a X% share of total imports. Moreover, natural polymers imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the Netherlands ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Ireland, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

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

Import Prices by Country

In 2022, the average natural polymers import price amounted to $X per ton, growing by X% against the previous year. In general, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($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 more modest paces of growth.

Source: IndexBox Platform