Report Update Nov 1, 2024

Ireland - Adipic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Adipic Acid Market 2024

Adipic Acid Market Size in Ireland

In 2022, the Irish adipic acid market decreased by -2.6% to $X, falling for the fifth year in a row after two years of growth. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Adipic Acid Production in Ireland

In value terms, adipic acid production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 37%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Adipic Acid Exports

Exports from Ireland

For the third consecutive year, Ireland recorded decline in shipments abroad of adipic acid, its salts and esters, which decreased by 0% to X tons in 2022. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2017 with an increase of 236%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, adipic acid exports amounted to $X in 2022. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 11,047%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for adipic acid exports from Ireland, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +10.3%.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +18.7%.

Export Prices by Country

The average adipic acid export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 15,543%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +24.4% per year.

Adipic Acid Imports

Imports into Ireland

In 2022, the amount of adipic acid, its salts and esters imported into Ireland amounted to X tons, almost unchanged from the previous year. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 334% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, adipic acid imports stood at $X in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 251% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of adipic acid imports to Ireland, together comprising 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest adipic acid suppliers to Ireland were China ($X), the United States ($X) and the Netherlands ($X), with a combined 84% share of total imports.

In terms of the main suppliers, China, with a CAGR of +60.5%, recorded 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 2022, the average adipic acid import price amounted to $X per ton, approximately equating the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), 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 adipic acid, its salts and esters in the world?

The country with the largest volume of adipic acid consumption was China, accounting for 23% of total volume. Moreover, adipic acid consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of adipic acid, its salts and esters in the world?

The country with the largest volume of adipic acid production was China, accounting for 28% of total volume. Moreover, adipic acid production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by India, with a 9.2% share.

What are the leading suppliers of adipic acid, its salts and esters to Ireland?

In value terms, Italy constituted the largest supplier of adipic acid to Ireland, comprising 76% of total imports. The second position in the ranking was occupied by India, with a 17% share of total imports.

What are the leading importers of adipic acid, its salts and esters from Ireland?

In value terms, China remains the key foreign market for adipic acid exports from Ireland.

What is the average export price for adipic acid, its salts and esters in Ireland?

The average adipic acid export price stood at $3,938 per ton in 2020, declining by -16.6% against the previous year.

What is the average import price for adipic acid, its salts and esters in Ireland?

In 2020, the average adipic acid import price amounted to $1,583 per ton, reducing by -18.3% against the previous year.

This report provides an in-depth analysis of the adipic acid 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 2030.

Product coverage:

Prodcom 20143385 - Adipic acid, its salts and esters

Country coverage:

Ireland

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023