Ireland: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Ireland

The Irish medical gel preparations market skyrocketed to $X in 2022, increasing by 658% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Medical gel preparations consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Medical Gel Preparations Production in Ireland

In value terms, medical gel preparations production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 604% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Medical Gel Preparations Exports

Exports from Ireland

In 2022, approx. X tons of gel preparations for human or veterinary medicine were exported from Ireland; with an increase of 5.4% against 2021 figures. Overall, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 259%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, medical gel preparations exports soared to $X in 2022. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 278%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons), China (X tons) and Italy (X tons) were the main destinations of medical gel preparations exports from Ireland, together comprising 70% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +112.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medical gel preparations exported from Ireland were the Netherlands ($X), China ($X) and Italy ($X), with a combined 83% share of total exports. The United States, Germany, Singapore and France lagged somewhat behind, together comprising a further 10%.

The United States, with a CAGR of +126.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2022, surging by 97% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports into Ireland

For the third year in a row, Ireland recorded decline in purchases abroad of gel preparations for human or veterinary medicine, which decreased by 0% to X tons in 2022. Overall, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 448% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, medical gel preparations imports totaled $X in 2022. Over the period under review, imports showed a slight slump. The most prominent rate of growth was recorded in 2015 with an increase of 376% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the UK (X tons) and the United States (X tons) were the main suppliers of medical gel preparations imports to Ireland, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +82.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) appeared to be the largest medical gel preparations suppliers to Ireland, together comprising 71% of total imports.

China, with a CAGR of +69.8%, recorded 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 more modest paces of growth.

Import Prices by Country

The average medical gel preparations import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 67%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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