Report Update Nov 1, 2024

Ireland - High-Tenacity Filament Yarn of Aramids - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for High-Tenacity Filament Yarn Of Aramids 2024

Market Size for High-Tenacity Filament Yarn Of Aramids in Ireland

The Irish high-tenacity filament aramids yarn market amounted to $X in 2022, with an increase of 3.9% against the previous year. Overall, consumption, however, enjoyed a significant expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Aramids in Ireland

In value terms, high-tenacity filament aramids yarn production stood at $X in 2022 estimated in export price. In general, production, however, posted perceptible growth. The growth pace was the most rapid in 2019 when the production volume increased by 22% against the previous year. High-tenacity filament aramids yarn production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from Ireland

In 2022, after three years of decline, there was significant decline in shipments abroad of high-tenacity filament yarn of aramids, when their volume decreased by -58.3% to X kg. In general, exports faced a precipitous decline. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, high-tenacity filament aramids yarn exports dropped notably to $X in 2022. Over the period under review, exports recorded a precipitous curtailment. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for high-tenacity filament aramids yarn exports from Ireland, accounting for a approx. 100% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to the UK totaled -20.1%.

From 2015 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

The average high-tenacity filament aramids yarn export price stood at $X per ton in 2022, with an increase of 5% against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2019 an increase of 168%. As a result, the export price reached the peak level of $X per ton. From 2020 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 2015 to 2022, the rate of growth in terms of prices for the UK amounted to +25.6% per year.

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into Ireland

In 2022, overseas purchases of high-tenacity filament yarn of aramids decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 1,660%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, high-tenacity filament aramids yarn imports stood at $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 1,362% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X kg), the Netherlands (X kg) and South Korea (X kg) were the main suppliers of high-tenacity filament aramids yarn imports to Ireland, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +22.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest high-tenacity filament aramids yarn suppliers to Ireland were the United States ($X), the Netherlands ($X) and South Korea ($X), with a combined 99% share of total imports.

Among the main suppliers, the United States, with a CAGR of +17.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average high-tenacity filament aramids yarn import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2017 an increase of 28% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the United States ($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 Netherlands (-2.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for high-tenacity filament yarn of aramids in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global consumption.

What are the largest producers of high-tenacity filament yarn of aramids in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global production.

What are the leading suppliers of high-tenacity filament yarn of aramids to Ireland?

In value terms, the Netherlands constituted the largest supplier of high-tenacity filament aramids yarn to Ireland, comprising 90% of total imports. The second position in the ranking was occupied by the UK, with a 7% share of total imports.

What is the average export price for high-tenacity filament yarn of aramids in Ireland?

In 2021, the average high-tenacity filament aramids yarn export price amounted to $120,589 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for high-tenacity filament yarn of aramids in Ireland?

In 2021, the average high-tenacity filament aramids yarn import price amounted to $28,976 per ton, increasing by 4.3% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn 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 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)

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