Report Update Nov 1, 2024

Ireland - Barytes - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Baryte Market 2024

Baryte Market Size in Ireland

In 2021, the Irish baryte market increased by 81% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed prominent growth. Baryte consumption peaked in 2021 and is likely to see gradual growth in years to come.

Baryte Production in Ireland

In value terms, baryte production declined slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 3.4% against the previous year. Baryte production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Baryte Exports

Exports from Ireland

In 2021, overseas shipments of barytes were finally on the rise to reach X tons after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, baryte exports soared to $X in 2021. In general, exports, however, continue to indicate a mild reduction. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +19.4%.

In value terms, the UK ($X) also remains the key foreign market for barytes exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +17.3%.

Export Prices by Country

In 2021, the average baryte export price amounted to $X per ton, dropping by -37.1% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 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 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -1.8% per year.

Baryte Imports

Imports into Ireland

In 2021, overseas purchases of barytes were finally on the rise to reach X tons after two years of decline. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, baryte imports skyrocketed to $X in 2021. Overall, imports posted a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and India (X tons) were the main suppliers of baryte imports to Ireland, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +110.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the UK ($X) and India ($X) appeared to be the largest baryte suppliers to Ireland, with a combined 94% share of total imports.

Among the main suppliers, China, with a CAGR of +113.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average baryte import price amounted to $X per ton, dropping by -28.6% against the previous year. Over the period under review, the import price showed a slight decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 38%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.4%), 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 barytes in the world?

The countries with the highest volumes of in 2021 were the United States, India and China, together comprising 41% of global consumption. These countries were followed by Saudi Arabia, Morocco, Iran, Kazakhstan, France, Ukraine, Kuwait and Russia, which together accounted for a further 31%.

What are the largest producers of barytes in the world?

The countries with the highest volumes of in 2021 were China, India and Morocco, with a combined 55% share of global production. Kazakhstan, Iran, the United States, Mexico, France, Ukraine, Turkey and Russia lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of barytes to Ireland?

In value terms, China, the UK and India were the largest baryte suppliers to Ireland, together comprising 94% of total imports.

What are the leading importers of barytes from Ireland?

In value terms, the UK remains the key foreign market for baryte exports from Ireland.

What is the average export price for barytes in Ireland?

In 2021, the average baryte export price amounted to $622 per ton, which is down by -52.3% against the previous year.

What is the average import price for barytes in Ireland?

The average baryte import price stood at $628 per ton in 2021, shrinking by -28.6% against the previous year.

This report provides an in-depth analysis of the baryte 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:

UNCode 16190-2 - Barytes, whether or not calcined

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