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Ireland - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Pyrethrum And Peppermint Market Overview 2021

Pyrethrum And Peppermint Market Size in Ireland

The Irish pyrethrum and peppermint market shrank to $X in 2020, dropping 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, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2017 to 2020, the growth of the market remained at a lower figure.

Pyrethrum And Peppermint Exports

Exports from Ireland

Pyrethrum and peppermint exports from Ireland fell dramatically to X tonnes in 2020, declining by -X% against 2019. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, pyrethrum and peppermint exports dropped modestly to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tonnes), the UK (X tonnes) and Malaysia (X tonnes) were the main destinations of pyrethrum and peppermint exports from Ireland, together accounting for X% of total exports. The U.S. and Switzerland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in the U.S., while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the UK ($X) and the U.S. ($X) appeared to be the largest markets for pyrethrum and peppermint exported from Ireland worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the U.S. saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pyrethrum and peppermint export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Malaysia ($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 Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Ireland

In 2020, purchases abroad of pyrethrum and peppermint decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, pyrethrum and peppermint imports declined to $X in 2020. Overall, total imports indicated a mild expansion from 2007 to 2020: its value decreased 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, imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2017 to 2020, the growth imports remained at a lower figure.

Imports by Country

China (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main suppliers of pyrethrum and peppermint imports to Ireland, with a combined X% share of total imports. India, the UK, the Netherlands and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Italy (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to Ireland were France ($X), the U.S. ($X) and China ($X), together accounting for X% of total imports. These countries were followed by India, the UK, the Netherlands and Italy, which together accounted for a further X terms of the main suppliers, India (+X% per year) saw the highest growth rate of 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

In 2020, the average pyrethrum and peppermint import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2020 were China (146K tonnes), the U.S. (74K tonnes) and Indonesia (73K tonnes), together accounting for 33% of global consumption. Kazakhstan, Morocco, Germany, India, Japan, Hong Kong SAR, South Korea, Egypt, Taiwan (Chinese) and France lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
+
China (207K tonnes) remains the largest pyrethrum and peppermint producing country worldwide, accounting for 23% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, India (102K tonnes), twofold. Indonesia (83K tonnes) ranked third in terms of total production with a 9.4% share.
What are the leading suppliers of pyrethrum and peppermint to Ireland?
+
In value terms, the largest pyrethrum and peppermint suppliers to Ireland were France ($3.8M), the U.S. ($3.6M) and China ($2.6M), together comprising 66% of total imports. India, the UK, the Netherlands and Italy lagged somewhat behind, together comprising a further 29%.
What are the leading importers of pyrethrum and peppermint from Ireland?
+
In value terms, Mexico ($433K), the UK ($257K) and the U.S. ($39K) were the largest markets for pyrethrum and peppermint exported from Ireland worldwide, together accounting for 88% of total exports.
What is the average export price for pyrethrum and peppermint in Ireland?
+
In 2020, the average pyrethrum and peppermint export price amounted to $13,903 per tonne, with an increase of 49% against the previous year.
What is the average import price for pyrethrum and peppermint in Ireland?
+
The average pyrethrum and peppermint import price stood at $4,668 per tonne in 2020, growing by 12% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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