Ireland: Polycarbonate Market Overview 2021

Polycarbonate Market Size in Ireland

In 2020, the Irish polycarbonate market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Polycarbonate Production in Ireland

In value terms, polycarbonate production totaled $X in 2020 estimated in export prices. In general, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Polycarbonate production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Polycarbonate Exports

Exports from Ireland

Polycarbonate exports from Ireland skyrocketed to X tonnes in 2020, with an increase of X% compared with 2019 figures. Overall, total exports indicated a notable expansion from 2007 to 2020: its volume 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, exports increased by +X% against 2016 indices. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polycarbonate exports soared to $X in 2020. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

The UK (X tonnes) was the main destination for polycarbonate exports from Ireland, accounting for a X% share of total exports. Moreover, polycarbonate exports to the UK exceeded the volume sent to the second major destination, Belgium (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Germany (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average polycarbonate export price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, export price indicated a modest expansion 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 most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then shrank rapidly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Polycarbonate Imports

Imports into Ireland

In 2020, after seven years of growth, there was decline in purchases abroad of polycarbonates (in primary forms), when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at X tonnes in 2019, and then reduced modestly in the following year.

In value terms, polycarbonate imports declined to $X in 2020. Overall, imports, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the main suppliers of polycarbonate imports to Ireland, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarbonate suppliers to Ireland were Italy ($X), Germany ($X) and the UK ($X), with a combined X% share of total imports. Belgium and the Netherlands lagged somewhat behind, together accounting for a further X the main suppliers, Belgium saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polycarbonate import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polycarbonates (in primary forms) in the world?

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India (3.5M tonnes) constituted the country with the largest volume of polycarbonate consumption, comprising approx. 42% of total volume. Moreover, polycarbonate consumption in India exceeded the figures recorded by the second-largest consumer, China (1.3M tonnes), threefold. The U.S. (449K tonnes) ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of polycarbonates (in primary forms) in the world?

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The country with the largest volume of polycarbonate production was India (3.3M tonnes), accounting for 43% of total volume. Moreover, polycarbonate production in India exceeded the figures recorded by the second-largest producer, the U.S. (726K tonnes), fivefold. South Korea (579K tonnes) ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of polycarbonates (in primary forms) to Ireland?

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In value terms, the largest polycarbonate suppliers to Ireland were Italy ($6.7M), Germany ($6.6M) and the UK ($5.3M), together comprising 70% of total imports. These countries were followed by Belgium and the Netherlands, which together accounted for a further 22%.

What are the leading importers of polycarbonates (in primary forms) from Ireland?

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In value terms, the UK ($4.7M) remains the key foreign market for polycarbonate exports from Ireland, comprising 54% of total exports. The second position in the ranking was occupied by Belgium ($1.8M), with a 21% share of total exports. It was followed by Germany, with a 14% share.

What is the average export price for polycarbonates (in primary forms) in Ireland?

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The average polycarbonate export price stood at $3,700 per tonne in 2020, declining by -21.3% against the previous year.

What is the average import price for polycarbonates (in primary forms) in Ireland?

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The average polycarbonate import price stood at $3,310 per tonne in 2020, shrinking by -1.7% against the previous year.