Ireland: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2025

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Ireland

In 2021, after two years of growth, there was significant decline in the Irish market for hormones, prostaglandins, thromboxanes and leukotrienes, when its value decreased by -13.9% to $X. Overall, consumption, however, showed significant growth. Hormones, prostaglandins, thromboxanes and leukotrienes consumption peaked at $X in 2020, and then fell in the following year.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Ireland

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production contracted sharply to $X in 2021 estimated in export price. In general, production, however, saw significant growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by 198% against the previous year. Hormones, prostaglandins, thromboxanes and leukotrienes production peaked at $X in 2020, and then declined significantly in the following year.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Ireland

After two years of growth, overseas shipments of hormones, prostaglandins, thromboxanes and leukotrienes decreased by -30.5% to X tons in 2021. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 203% against the previous year. As a result, the exports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports skyrocketed to $X in 2021. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 202% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Ireland, with a 59% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +77.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+127.7% per year) and Italy (+243.3% per year).

In value terms, the United States ($X) remains the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Ireland, comprising 62% of total exports. The second position in the ranking was taken by Germany ($X), with a 25% share of total exports. It was followed by Belgium, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +77.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+90.1% per year) and Belgium (-4.7% per year).

Export Prices by Country

In 2021, the average export price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, surging by 85% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per kg in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Belgium ($X per kg), while the average price for exports to Italy ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Ireland

In 2021, overseas purchases of hormones, prostaglandins, thromboxanes and leukotrienes decreased by -0.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 203%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports reduced markedly to $X in 2021. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 295%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Ireland, with a 36% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and Japan (+23.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Ireland, comprising 28% of total imports. The second position in the ranking was taken by Japan ($X), with a 14% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+24.9% per year) and the United States (+1.4% per year).

Import Prices by Country

In 2021, the average import price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, with a decrease of -20.8% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2020 an increase of 128%. The import price peaked at $X per kg in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per kg), while the price for Germany ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :