Ireland: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Ireland

In 2022, after nine years of decline, there was significant growth in the Irish articles of fiber cement market, when its value increased by 311% to $X. Overall, consumption, however, recorded a perceptible slump. Articles of fiber cement consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Ireland

In value terms, articles of fiber cement production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. Articles of fiber cement production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Ireland

Articles of fiber cement exports from Ireland amounted to X tons in 2022, remaining stable against the previous year's figure. In general, exports saw a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 129% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports stood at $X in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 84%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for articles of fiber cement exports from Ireland, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +19.8%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +20.6%.

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price showed a slight contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +0.7% per year.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Ireland

In 2022, purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by 0% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, articles of fiber cement imports totaled $X in 2022. Overall, imports recorded a moderate increase. The growth pace was the most rapid in 2018 with an increase of 63% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of articles of fiber cement to Ireland, accounting for a 58% share of total imports. Moreover, articles of fiber cement imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.4% per year) and the UK (-2.2% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Ireland, comprising 45% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.8% per year) and Belgium (+0.2% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 8.7% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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