Report Update Nov 1, 2024

Ireland - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Durum Wheat Market 2024

Durum Wheat Market Size in Ireland

The Irish durum wheat market declined to $X in 2022, waning by -14.4% against the previous year. Over the period under review, consumption recorded a pronounced reduction. Durum wheat consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Durum Wheat Production in Ireland

In value terms, durum wheat production fell to $X in 2022 estimated in export price. In general, production saw a abrupt descent. The growth pace was the most rapid in 2013 when the production volume increased by 36% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average durum wheat yield in Ireland reduced to X tons per ha, which is down by -9.9% compared with the previous year. The yield figure increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the average durum wheat yield hit record highs at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of durum wheat were harvested in Ireland; waning by -12.3% on the previous year. In general, the harvested area recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The durum wheat harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Durum Wheat Exports

Exports from Ireland

In 2022, exports of durum wheat from Ireland stood at X tons, therefore, remained relatively stable against the year before. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 338% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, durum wheat exports amounted to $X in 2022. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 179% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled -8.2%.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to -14.5%.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of 58% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -6.8% per year.

Durum Wheat Imports

Imports into Ireland

In 2022, purchases abroad of durum wheat decreased by 0% to X tons, falling for the second consecutive year after three years of growth. In general, imports showed a slight setback. The pace of growth appeared the most rapid in 2019 when imports increased by 173%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, durum wheat imports amounted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 149%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, France (X tons) was the main durum wheat supplier to Ireland, with a 99% share of total imports. It was followed by the UK (X tons), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from France stood at +4.7%.

In value terms, France ($X) constituted the largest supplier of durum wheat to Ireland, comprising 97% of total imports. The second position in the ranking was taken by the UK ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +6.9%.

Import Prices by Country

In 2022, the average durum wheat import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw mild growth. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for durum wheat in the world?

The countries with the highest volumes of durum wheat consumption in 2021 were China, India and Russia, together comprising 41% of global consumption.

What are the largest producers of durum wheat in the world?

The countries with the highest volumes of durum wheat production in 2021 were China, India and Russia, with a combined 42% share of global production.

What are the leading suppliers of durum wheat to Ireland?

In value terms, the largest durum wheat suppliers to Ireland were Sweden, France and the UK, together accounting for 96% of total imports.

What are the leading importers of durum wheat from Ireland?

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

What is the average export price for durum wheat in Ireland?

In 2021, the average durum wheat export price amounted to $237 per ton, waning by -12.7% against the previous year.

What is the average import price for durum wheat in Ireland?

The average durum wheat import price stood at $294 per ton in 2021, increasing by 23% against the previous year.

This report provides an in-depth analysis of the durum wheat 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:

FCL 15 - Wheat

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023