Ireland: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Ireland

In 2021, the Irish mixed alkylbenzenes, mixed alkylnaphthalenes market decreased by -3% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, saw a slight reduction. The growth pace was the most rapid in 2020 when the market value increased by 7.7%. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Ireland

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 16%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Ireland

In 2021, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were exported from Ireland; with an increase of 1,394% compared with 2020 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 3,184% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2014 when exports increased by 4,723%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Ireland, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the UK totaled +13.3%.

In value terms, the UK ($X) also remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Ireland.

From 2013 to 2021, the average annual rate of growth in terms of value to the UK stood at +5.9%.

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, which is down by -27.1% against the previous year. Over the period under review, the export price saw a mild decrease. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2013 to 2021, the rate of growth in terms of prices for the UK amounted to -6.5% per year.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Ireland

After two years of decline, supplies from abroad of mixed alkylbenzenes, mixed alkylnaphthalenes increased by 6,759% to X tons in 2021. Over the period under review, imports continue to indicate buoyant growth. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports soared to $X in 2021. Overall, imports showed resilient growth. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), Belgium (X tons) and India (X tons) were the main suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes imports to Ireland, with a combined 97% share of total imports. The United States and Germany lagged somewhat behind, together accounting for a further 2.9%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +117.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Ireland, comprising 62% of total imports. The second position in the ranking was held by Belgium ($X), with a 26% share of total imports. It was followed by India, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+41.2% per year) and India (0.0% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, which is down by -30.1% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mixed alkylbenzenes, mixed alkylnaphthalenes import price increased by +23.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 77% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced notably in the following year.

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 Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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