Report Update Nov 1, 2024

Ireland - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Artificial Staple Fibre Market 2024

Artificial Staple Fibre Market Size in Ireland

The Irish artificial staple fibre market declined dramatically to $X in 2021, with a decrease of -23.8% against the previous year. Over the period under review, consumption saw a mild decrease. As a result, consumption attained the peak level of $X, and then contracted significantly in the following year.

Artificial Staple Fibre Production in Ireland

In value terms, artificial staple fibre production declined significantly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 103%. As a result, production reached the peak level of $X, and then fell notably in the following year.

Artificial Staple Fibre Exports

Exports from Ireland

In 2021, overseas shipments of artificial staple fibres decreased by 0% to X kg, falling for the second year in a row after four years of growth. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 77%. As a result, the exports reached the peak of X kg. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, artificial staple fibre exports totaled $X in 2021. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 61% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for artificial staple fibre exports from Ireland, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to the UK was relatively modest.

From 2013 to 2021, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2021, the average artificial staple fibre export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of 19%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Artificial Staple Fibre Imports

Imports into Ireland

After two years of decline, purchases abroad of artificial staple fibres decreased by 0% to X tons in 2021. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 400%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, artificial staple fibre imports totaled $X in 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 275% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the UK (X tons) constituted the largest artificial staple fibre supplier to Ireland, accounting for a 85% share of total imports. Moreover, artificial staple fibre imports from the UK exceeded the figures recorded by the second-largest supplier, India (X kg), ninefold. The third position in this ranking was held by China (X kg), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at +44.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+65.7% per year) and China (+19.7% per year).

In value terms, the UK ($X) constituted the largest supplier of artificial staple fibres to Ireland, comprising 85% of total imports. The second position in the ranking was held by India ($X), with a 9% share of total imports. It was followed by China, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+64.0% per year) and China (+22.0% per year).

Import Prices by Country

The average artificial staple fibre import price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price recorded a slight increase. The most prominent rate of growth was recorded in 2016 an increase of 57%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from the UK ($X per ton) and India ($X per ton), while the price for Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), 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 artificial staple fibres in the world?

China remains the largest artificial staple fibre consuming country worldwide, accounting for 15% of total volume. Moreover, artificial staple fibre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the largest producers of artificial staple fibres in the world?

China remains the largest artificial staple fibre producing country worldwide, comprising approx. 16% of total volume. Moreover, artificial staple fibre production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the leading suppliers of artificial staple fibres to Ireland?

In value terms, the largest artificial staple fibre suppliers to Ireland were the UK, Italy $825) and China $38), with a combined 99% share of total imports.

What is the average export price for artificial staple fibres in Ireland?

The average artificial staple fibre export price stood at $11,391 per ton in 2019, which is down by -29.5% against the previous year.

What is the average import price for artificial staple fibres in Ireland?

In 2019, the average artificial staple fibre import price amounted to $13,895 per ton, waning by -4.3% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre 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 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

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