Ireland: Abrasives Market 2025

Abrasives Market Size in Ireland

In 2021, the Irish abrasives market increased by 23% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Abrasives Exports

Exports from Ireland

Abrasives exports from Ireland expanded remarkably to X tons in 2021, picking up by 8.3% compared with the previous year's figure. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2015 when exports increased by 5,454% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, abrasives exports contracted sharply to $X in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 3,287%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for abrasives exports from Ireland, with a 67% share of total exports. Moreover, abrasives exports to the United Arab Emirates exceeded the volume sent to the second major destination, the UK (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +72.6%.

In value terms, the UK ($X) remains the key foreign market for abrasives (natural) exports from Ireland, comprising 94% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 5.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK totaled -12.2%.

Export Prices by Country

In 2021, the average abrasives export price amounted to $X per ton, dropping by -55.4% against the previous year. In general, the export price recorded a sharp reduction. The most prominent rate of growth was recorded in 2018 an increase of 62%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.4%).

Abrasives Imports

Imports into Ireland

In 2021, purchases abroad of abrasives (natural) increased by 10% to X tons, rising for the third year in a row after three years of decline. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 98%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, abrasives imports surged to $X in 2021. In general, imports saw resilient growth. The growth pace was the most rapid in 2017 when imports increased by 178%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of abrasives to Ireland, with a 70% share of total imports. Moreover, abrasives imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. South Africa (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+8.3% per year) and South Africa (+532.9% per year).

In value terms, the largest abrasives suppliers to Ireland were China ($X), the UK ($X) and South Africa ($X), with a combined 86% share of total imports.

South Africa, with a CAGR of +258.2%, recorded 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

The average abrasives import price stood at $X per ton in 2021, surging by 39% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 196% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+31.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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