Ireland: Yoghurt Market 2024

Yoghurt Market Size in Ireland

The Irish yoghurt market rose slightly to $X in 2022, growing 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). Overall, consumption, however, saw a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Yoghurt Exports

Exports from Ireland

Yoghurt exports from Ireland reduced to X tons in 2022, which is down by X% on the year before. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, yoghurt exports contracted to $X in 2022. Over the period under review, exports showed a perceptible setback. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for yoghurt exports from Ireland, with a X% share of total exports. Moreover, yoghurt exports to the UK exceeded the volume sent to the second major destination, Germany (X tons), tenfold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Malaysia (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the average yoghurt export price amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Malaysia ($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 the UK (X%), while the prices for the other major destinations experienced a decline.

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Yoghurt Imports

Imports into Ireland

Yoghurt imports into Ireland was estimated at X tons in 2022, almost unchanged from 2021. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, yoghurt imports stood at $X in 2022. In general, imports, however, recorded a perceptible slump. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), France (X tons) and Germany (X tons) were the main suppliers of yoghurt imports to Ireland, with a combined X% share of total imports. Greece, Poland and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) appeared to be the largest yoghurt suppliers to Ireland, together accounting for X% of total imports. Greece, Poland and Belgium lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, approximately equating the previous year. Overall, the import price showed a slight curtailment. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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