Ireland: Bauxite Market 2025

Bauxite Market Size in Ireland

In 2022, the Irish bauxite market decreased by -4.2% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by 9.8%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Bauxite Exports

Exports from Ireland

Bauxite exports from Ireland stood at X kg in 2022, stabilizing at the previous year. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,579,843% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, bauxite exports amounted to $X in 2022. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 289,273%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for bauxite exports from Ireland, with a 98% share of total exports. It was followed by Guinea (X kg), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -90.2%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled -88.4%.

Export Prices by Country

In 2022, the average bauxite export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price posted a strong increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 233% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guinea ($X per ton), while the average price for exports to the UK amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+18.7%).

Bauxite Imports

Imports into Ireland

In 2022, approx. X tons of bauxite were imported into Ireland; remaining constant against the previous year. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 6.4% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, bauxite imports stood at $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 13%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Guinea (X tons) constituted the largest supplier of bauxite to Ireland, accounting for a 69% share of total imports. Moreover, bauxite imports from Guinea exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Guinea was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.1% per year) and Sierra Leone (0.0% per year).

In value terms, the largest bauxite suppliers to Ireland were Guinea ($X), Brazil ($X) and Sierra Leone ($X), with a combined 95% share of total imports.

Among the main suppliers, Sierra Leone, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average bauxite import price amounted to $X per ton, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%).

Source: IndexBox Platform

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