Ireland: Millet Market 2025

Millet Market Size in Ireland

In 2022, the Irish millet market decreased by -6.4% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, saw a moderate expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Millet Exports

Exports from Ireland

Millet exports from Ireland amounted to X kg in 2022, leveling off at 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2019 with an increase of 235%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, millet exports stood at $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 259% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for millet exports from Ireland, with a 92% share of total exports. Moreover, millet exports to the UK exceeded the volume sent to the second major destination, Malta (X kg), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume to the UK amounted to -15.1%.

From 2013 to 2022, the average annual growth rate of value to the UK amounted to +5.3%.

Export Prices by Country

In 2022, the average millet export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 6.9%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Malta totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+24.0%).

Millet Imports

Imports into Ireland

In 2022, purchases abroad of millet decreased by 0% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed moderate growth. The pace of growth was the most pronounced in 2020 with an increase of 93%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, millet imports totaled $X in 2022. Over the period under review, imports continue to indicate moderate growth. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of millet to Ireland, accounting for a 61% share of total imports. Moreover, millet imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. The third position in this ranking was held by the UK (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+0.2% per year) and the UK (-14.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of millet to Ireland, comprising 55% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 16% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+20.4% per year) and the UK (-12.6% per year).

Import Prices by Country

In 2022, the average millet import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price continues to indicate mild growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Ukraine ($X per ton), while the price for the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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