Ireland: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Ireland

In 2021, the Irish market for liquid or compressed air and distilled or conductivity water was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a noticeable downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Ireland

In value terms, liquid air and distilled water production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from Ireland

In 2021, shipments abroad of liquid or compressed air and distilled or conductivity water increased by 57% to X tons, rising for the fourth consecutive year after four years of decline. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 367%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, liquid air and distilled water exports skyrocketed to $X in 2021. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 362%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The UK (X tons), Lithuania (X tons) and the United States (X tons) were the main destinations of liquid air and distilled water exports from Ireland, together accounting for 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +1,280.6%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X) emerged as the key foreign market for liquid or compressed air and distilled or conductivity water exports from Ireland, comprising 64% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by France, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Lithuania stood at +1,558.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+67.1% per year) and France (+35.3% per year).

Export Prices by Country

In 2021, the average export price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, rising by 150% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into Ireland

After three years of growth, supplies from abroad of liquid or compressed air and distilled or conductivity water decreased by -50.6% to X tons in 2021. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 137%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, liquid air and distilled water imports contracted notably to $X in 2021. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 66%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of liquid air and distilled water to Ireland, with a 50% share of total imports. Moreover, liquid air and distilled water imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. France (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+79.3% per year) and France (+5.8% per year).

In value terms, the United States ($X) constituted the largest supplier of liquid or compressed air and distilled or conductivity water to Ireland, comprising 56% of total imports. The second position in the ranking was taken by the UK ($X), with a 23% share of total imports. It was followed by Germany, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+17.3% per year) and Germany (+5.8% per year).

Import Prices by Country

In 2021, the average import price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, picking up by 68% against the previous year. Overall, the import price recorded significant growth. The growth pace was the most rapid in 2016 an increase of 230%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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