Ireland: Plastic Box Market Overview 2020

Plastic Box Market Size in Ireland

The revenue of the plastic box market in Ireland amounted to $X in 2018, coming down by -X% against the previous year. Overall, plastic box consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the plastic box market attained its maximum level at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Plastic Box Production in Ireland

In value terms, plastic box production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a buoyant increase 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, plastic box production increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Plastic box production peaked in 2018 and is expected to retain its growth in the near future.

Plastic Box Exports

Exports from Ireland

In 2018, the exports of plastic boxes, cases, crates and similar packing articles from Ireland totaled X tonnes, falling by -X% against the previous year. Overall, plastic box exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. In that year, plastic box exports attained their peak of X tonnes. From 2014 to 2018, the growth of plastic box exports remained at a somewhat lower figure.

In value terms, plastic box exports totaled $X in 2018. Over the period under review, plastic box exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

The UK (X tonnes) was the main destination for plastic box exports from Ireland, accounting for a X% share of total exports. Moreover, plastic box exports to the UK exceeded the volume sent to the second major destination, France (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to the UK stood at +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, the UK ($X) remains the key foreign market for plastic box exports from Ireland, comprising X% of total plastic box exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to the UK stood at +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 plastic box export price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the plastic box export price, however, continues to indicate an abrupt slump. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to the UK ($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 Netherlands, while the prices for the other major destinations experienced a decline.

Plastic Box Imports

Imports into Ireland

Plastic box imports into Ireland stood at X tonnes in 2018, falling by -X% against the previous year. In general, plastic box imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, plastic box imports reached their peak figure at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, plastic box imports totaled $X in 2018. Overall, plastic box imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, plastic box imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the UK (X tonnes) constituted the largest plastic box supplier to Ireland, with a X% share of total imports. Moreover, plastic box imports from the UK exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), sixfold. The Netherlands (X tonnes) ranked third in terms of total imports 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: Denmark (+X% per year) and the Netherlands (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of plastic box to Ireland, comprising X% of total plastic box imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, 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: the Netherlands (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average plastic box import price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the import price indicated a moderate expansion from 2007 to 2018: its price 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. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the near future.

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

Source: IndexBox AI Platform