Ireland: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Ireland

The Irish market for glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022, jumping by 928% against the previous year. In general, consumption showed a noticeable expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Ireland

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 103%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Ireland

In 2022, overseas shipments of glaziers putty, grafting putty, other mastics and painters' fillings increased by 43% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a perceptible decrease. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings rose sharply to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 56%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Ireland, accounting for a 83% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to the UK exceeded the volume sent to the second major destination, Germany (X tons), eightfold. Italy (X tons) ranked third in terms of total exports with a 1% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.6% per year) and Italy (-12.5% per year).

In value terms, the UK ($X) emerged as the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Ireland, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with a 23% share of total exports. It was followed by Italy, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.9% per year) and Italy (-10.3% per year).

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, declining by -25.5% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 33%. The export price peaked at $X per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the UK ($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 the UK (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Ireland

In 2022, purchases abroad of glaziers putty, grafting putty, other mastics and painters' fillings decreased by 0% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 35% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings stood at $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the UK (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Ireland, accounting for a 57% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from the UK exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.9% per year) and Germany (+6.7% per year).

In value terms, the UK ($X), Belgium ($X) and Germany ($X) appeared to be the largest glaziers, grafting putty and painters' filling suppliers to Ireland, together accounting for 85% of total imports.

Among the main suppliers, Belgium, with a CAGR of +31.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price posted buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 29% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, 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 Belgium ($X per ton), while the price for Italy ($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 UK (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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