Report Update Nov 1, 2024

Ireland - Glues Based on Starches, Dextrins or Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Starch Glue Market 2024

Starch Glue Market Size in Ireland

For the third consecutive year, the Irish starch glue market recorded growth in sales value, which increased by 27% to $X in 2021. Over the period under review, consumption posted a resilient expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Starch Glue Exports

Exports from Ireland

In 2021, shipments abroad of glues based on starches, dextrins or other modified starches decreased by -44.3% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by 392% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, starch glue exports dropped sharply to $X in 2021. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 167%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for starch glue exports from Ireland, with a 91% share of total exports. Moreover, starch glue exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +26.5%.

In value terms, the UK ($X) remains the key foreign market for glues based on starches, dextrins or other modified starches exports from Ireland, comprising 92% of total exports. The second position in the ranking was held by the United States ($X), with an 8.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +30.5%.

Export Prices by Country

In 2021, the average starch glue export price amounted to $X per ton, increasing by 7.8% against the previous year. In general, the export price showed a modest expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.2%).

Starch Glue Imports

Imports into Ireland

Starch glue imports into Ireland surged to X tons in 2021, rising by 28% against 2020 figures. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +54.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch glue imports soared to $X in 2021. Over the period under review, imports saw a perceptible increase. The pace of growth appeared the most rapid in 2017 when imports increased by 211% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) was the main starch glue supplier to Ireland, with a 94% share of total imports. Moreover, starch glue imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 1.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+11.1% per year) and the Netherlands (-15.8% per year).

In value terms, Germany ($X) constituted the largest supplier of glues based on starches, dextrins or other modified starches to Ireland, comprising 86% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.6% share of total imports. It was followed by the Netherlands, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+7.7% per year) and the Netherlands (-13.4% per year).

Import Prices by Country

The average starch glue import price stood at $X per ton in 2021, dropping by -10% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 an increase of 186%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glues based on starches, dextrins or other modified starches in the world?

The countries with the highest volumes of starch glue consumption in 2020 were China, the U.S. and India, with a combined 39% share of global consumption. These countries were followed by Italy, Turkey, Japan, Russia, Brazil, Germany, Thailand, South Korea and Iran, which together accounted for a further 35%.

What are the largest producers of glues based on starches, dextrins or other modified starches in the world?

China remains the largest starch glue producing country worldwide, comprising approx. 22% of total volume. Moreover, starch glue production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. Germany ranked third in terms of total production with a 9% share.

What are the leading suppliers of glues based on starches, dextrins or other modified starches to Ireland?

In value terms, Germany constituted the largest supplier of starch glue to Ireland, comprising 82% of total imports. The second position in the ranking was occupied by the UK, with a 8.3% share of total imports.

What are the leading importers of glues based on starches, dextrins or other modified starches from Ireland?

In value terms, the UK remains the key foreign market for starch glue exports from Ireland, comprising 88% of total exports. The second position in the ranking was occupied by Slovakia, with a 8.6% share of total exports.

What is the average export price for glues based on starches, dextrins or other modified starches in Ireland?

The average starch glue export price stood at $2,302 per ton in 2020, picking up by 51% against the previous year.

What is the average import price for glues based on starches, dextrins or other modified starches in Ireland?

The average starch glue import price stood at $866 per ton in 2020, which is down by -20.8% against the previous year.

This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches

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. 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