Ireland: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Ireland

The Irish market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was estimated at $X in 2021, surging by 7.6% 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). Overall, consumption, however, enjoyed tangible growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Ireland

In 2021, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -97.4% to X tons for the first time since 2014, thus ending a six-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 4,065%. Over the period under review, the exports of attained the maximum at X tons in 2020, and then declined dramatically in the following year.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank significantly to $X in 2021. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 4,075%. Over the period under review, the exports of hit record highs at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

The UK (X tons) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Ireland, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +191.4%.

In value terms, the UK ($X) also remains the key foreign market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +177.4%.

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, growing by 13% against the previous year. In general, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 113% against the previous year. The export price peaked 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 the UK.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +5.6% per year.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Ireland

In 2021, after four years of growth, there was significant decline in purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume decreased by -58.8% to X tons. In general, imports saw a mild decline. The pace of growth was the most pronounced in 2019 with an increase of 160% against the previous year. Imports peaked at X tons in 2020, and then shrank notably in the following year.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders contracted notably to $X in 2021. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 184% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Ireland, with a 66% share of total imports. Moreover, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by Portugal (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +78.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+6.8% per year) and Portugal (+185.7% per year).

In value terms, Portugal ($X), China ($X) and the UK ($X) constituted the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Ireland, with a combined 96% share of total imports.

Portugal, with a CAGR of +193.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per ton, surging by 41% against the previous year. Over the period under review, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 161% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :