Report Update Nov 1, 2024

Ireland - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) 2024

Market Size for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) in Ireland

The Irish benzol, toluol and xylol market skyrocketed to $X in 2021, jumping by 54% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a deep slump. Benzol, toluol and xylol consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Exports from Ireland

In 2021, shipments abroad of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by -58.1% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp reduction. The pace of growth was the most pronounced in 2015 when exports increased by 494% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, benzol, toluol and xylol exports dropped significantly to $X in 2021. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 385% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for benzol, toluol and xylol exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +9.7%.

In value terms, Italy ($X) also remains the key foreign market for benzol (benzene), toluol (toluene) and xylol (xylenes) exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +7.3%.

Export Prices by Country

In 2021, the average benzol, toluol and xylol export price amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -2.2% per year.

Imports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Imports into Ireland

In 2021, the amount of benzol (benzene), toluol (toluene) and xylol (xylenes) imported into Ireland surged to X tons, increasing by 59% against 2020 figures. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 140% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, benzol, toluol and xylol imports soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of benzol, toluol and xylol imports to Ireland, together accounting for 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +56.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest benzol, toluol and xylol suppliers to Ireland were the UK ($X), Belgium ($X) and the Netherlands ($X), with a combined 81% share of total imports.

Belgium, with a CAGR of +51.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average benzol, toluol and xylol import price amounted to $X per ton, falling by -15.2% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 35%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for benzol (benzene), toluol (toluene) and xylol (xylenes) in the world?

The country with the largest volume of benzol, toluol and xylol consumption was China, accounting for 22% of total volume. Moreover, benzol, toluol and xylol consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of benzol (benzene), toluol (toluene) and xylol (xylenes) in the world?

The countries with the highest volumes of benzol, toluol and xylol production in 2020 were China, the United States and Japan, with a combined 37% share of global production.

What are the leading suppliers of benzol (benzene), toluol (toluene) and xylol (xylenes) to Ireland?

In value terms, the largest benzol, toluol and xylol suppliers to Ireland were the UK, Belgium and Germany, with a combined 87% share of total imports.

What are the leading importers of benzol (benzene), toluol (toluene) and xylol (xylenes) from Ireland?

In value terms, Italy remains the key foreign market for benzol, toluol and xylol exports from Ireland, comprising 79% of total exports. The second position in the ranking was occupied by Greece $872), with a 13% share of total exports.

What is the average export price for benzol (benzene), toluol (toluene) and xylol (xylenes) in Ireland?

In 2020, the average benzol, toluol and xylol export price amounted to $602 per ton, declining by -34.4% against the previous year.

What is the average import price for benzol (benzene), toluol (toluene) and xylol (xylenes) in Ireland?

The average benzol, toluol and xylol import price stood at $1,390 per ton in 2020, increasing by 51% against the previous year.

This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)

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
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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