Ireland: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Ireland

The Irish heterocyclic compound market reduced markedly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption showed a abrupt slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Heterocyclic Compound Production in Ireland

In value terms, heterocyclic compound production fell sharply to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then contracted notably in the following year.

Heterocyclic Compound Exports

Exports from Ireland

In 2022, after two years of growth, there was significant decline in shipments abroad of heterocyclic compounds, when their volume decreased by X% to X tons. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, heterocyclic compound exports shrank notably to $X in 2022. Overall, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for heterocyclic compound exports from Ireland, accounting for a X% share of total exports. Moreover, heterocyclic compound exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for heterocyclic compounds exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average heterocyclic compound export price amounted to $X per kg, increasing by X% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per kg. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

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

Heterocyclic Compound Imports

Imports into Ireland

In 2022, heterocyclic compound imports into Ireland shrank significantly to X tons, which is down by X% against 2021 figures. Over the period under review, imports showed a mild contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then contracted notably in the following year.

In value terms, heterocyclic compound imports expanded to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Spain (X tons) and India (X tons) were the main suppliers of heterocyclic compound imports to Ireland, with a combined X% share of total imports.

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

In value terms, Italy ($X), China ($X) and Austria ($X) were the largest heterocyclic compound suppliers to Ireland, with a combined X% share of total imports. Spain, France, Belgium, Switzerland, Hungary, India, the United States and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, 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

In 2022, the average heterocyclic compound import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price showed buoyant growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 Austria ($X,583 per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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