Ireland: Meat Dishes Market 2024

Meat Dishes Market Size in Ireland

After five years of growth, the Irish meat dishes market decreased by -3.2% to $X in 2022. In general, consumption, however, saw a prominent expansion. As a result, consumption reached the peak level of $X, and then declined modestly in the following year.

Meat Dishes Production in Ireland

In value terms, meat dishes production surged to $X in 2022 estimated in export price. In general, production showed a perceptible setback. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Meat Dishes Exports

Exports from Ireland

In 2022, overseas shipments of meat dishes increased by 7.5% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, meat dishes exports rose modestly to $X in 2022. The total export value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 16%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for meat dishes exports from Ireland, accounting for a 68% share of total exports. Moreover, meat dishes exports to the UK exceeded the volume sent to the second major destination, France (X tons), tenfold. The third position in this ranking was held by Denmark (X tons), with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.3% per year) and Denmark (+14.2% per year).

It was followed by France, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.7% per year) and France (-2.9% per year).

Export Prices by Country

The average meat dishes export price stood at $X per ton in 2022, shrinking by -3.7% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat dishes export price increased by +76.8% against 2016 indices. The pace of growth was the most pronounced in 2019 an increase of 36%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Ireland

In 2022, supplies from abroad of meat dishes decreased by 0% to X tons, falling for the third year in a row after six years of growth. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 7.8%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, meat dishes imports totaled $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 14% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of meat dishes to Ireland, accounting for a 29% share of total imports. Moreover, meat dishes imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Thailand (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and Thailand (+4.4% per year).

In value terms, the UK ($X), Thailand ($X) and Germany ($X) constituted the largest meat dishes suppliers to Ireland, with a combined 58% share of total imports. The Netherlands, Poland, China, Brazil, Spain and Denmark lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, China, with a CAGR of +21.4%, saw the highest growth rate of 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 meat dishes import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price recorded a slight expansion. The most prominent rate of growth was recorded in 2017 an increase of 10%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Thailand ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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