Ireland: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Ireland

In 2021, the Irish cyclanes, cyclenes and cycloterpenes market decreased by -24.7% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption recorded a abrupt descent. Cyclanes, cyclenes and cycloterpenes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Ireland

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were exported from Ireland; growing by 8,445% against the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 115,133% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, cyclanes, cyclenes and cycloterpenes exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 7,785,050%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from Ireland, with a 68% share of total exports. Moreover, cyclanes, cyclenes and cycloterpenes exports to Belgium exceeded the volume sent to the second major destination, France (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and the UK (+99.6% per year).

In value terms, Belgium ($X) emerged as the key foreign market for cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports from Ireland, comprising 66% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and the UK (+72.1% per year).

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, dropping by -42.4% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2020 a decrease of -0.6%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 Belgium (+0.3%).

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Ireland

After four years of growth, supplies from abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) decreased by -12.2% to X tons in 2021. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 218% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 98% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main cyclanes, cyclenes and cycloterpenes supplier to Ireland, accounting for a 94% share of total imports. Moreover, cyclanes, cyclenes and cycloterpenes imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by the UK (X tons), with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6,554.0% per year) and the UK (-7.6% per year).

In value terms, Germany ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Ireland, comprising 79% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by the United States, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3,853.0% per year) and the United States (-26.2% per year).

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, picking up by 56% against the previous year. In general, the import price posted perceptible growth. The pace of growth was the most pronounced in 2016 an increase of 162%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+51.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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