Report Update Nov 1, 2024

Ireland - Carboxylic Acid With Alcohol, Phenol, Aldehyde or Ketone Functions - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Carboxylic Acid Market 2024

Carboxylic Acid Market Size in Ireland

For the third consecutive year, the Irish carboxylic acid market recorded growth in sales value, which increased by 6% to $X in 2021. In general, consumption saw a perceptible expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Carboxylic Acid Exports

Exports from Ireland

In 2021, approx. X tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were exported from Ireland; waning by -9% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 131%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, carboxylic acid exports contracted slightly to $X in 2021. In general, exports showed a pronounced slump. The pace of growth appeared the most rapid in 2016 when exports increased by 132% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of carboxylic acid exports from Ireland, with a combined 69% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +107.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Turkey ($X) constituted the largest markets for carboxylic acid exported from Ireland worldwide, together comprising 62% of total exports.

Among the main countries of destination, Spain, with a CAGR of +132.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average carboxylic acid export price amounted to $X per ton, with an increase of 8.5% against the previous year. Over the period under review, the export price recorded a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 101% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Carboxylic Acid Imports

Imports into Ireland

In 2021, carboxylic acid imports into Ireland rose notably to X tons, picking up by 10% on the previous year's figure. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 209%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, carboxylic acid imports dropped to $X in 2021. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 225% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), France (X tons) and the United States (X tons) were the main suppliers of carboxylic acid imports to Ireland, with a combined 51% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +48.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of carboxylic acid with alcohol, phenol, aldehyde or ketone functions to Ireland, comprising 28% of total imports. The second position in the ranking was held by Belgium ($X), with a 10% share of total imports. It was followed by France, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+60.4% per year) and France (+4.9% per year).

Import Prices by Country

In 2021, the average carboxylic acid import price amounted to $X per ton, with a decrease of -14.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 89% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.8%), 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 carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?

China remains the largest carboxylic acid consuming country worldwide, comprising approx. 21% of total volume. Moreover, carboxylic acid consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 10% share.

What are the largest producers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?

China constituted the country with the largest volume of carboxylic acid production, accounting for 39% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. France ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions to Ireland?

In value terms, Italy constituted the largest supplier of carboxylic acid to Ireland, comprising 28% of total imports. The second position in the ranking was occupied by France, with a 10% share of total imports. It was followed by the United States, with a 7.8% share.

What are the leading importers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions from Ireland?

In value terms, the largest markets for carboxylic acid exported from Ireland were Turkey, Italy and Spain, together comprising 70% of total exports.

What is the average export price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Ireland?

The average carboxylic acid export price stood at $9,347 per ton in 2020, rising by 4.1% against the previous year.

What is the average import price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Ireland?

In 2020, the average carboxylic acid import price amounted to $4,598 per ton, declining by -50% against the previous year.

This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

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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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