Ireland: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Ireland

The Irish natural rubber and gum market totaled $X in 2022, remaining relatively unchanged against the previous year. In general, consumption showed a dramatic curtailment. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Natural Rubber And Gums in Ireland

In value terms, natural rubber and gum production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Natural rubber and gum production peaked in 2022 and is expected to retain growth in the immediate term.

In 2022, the average natural rubber and gum yield in Ireland totaled less than X kg per ha, remaining stable against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The natural rubber and gum harvested area in Ireland was estimated at less than X ha in 2022, remaining relatively unchanged against the previous year. In general, the harvested area saw a relatively flat trend pattern.

Exports of Natural Rubber And Gums

Exports from Ireland

In 2022, approx. X tons of natural rubber and gums were exported from Ireland; remaining constant against the previous year's figure. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 338% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, natural rubber and gum exports amounted to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 1,512%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Denmark (X tons) was the main destination for natural rubber and gum exports from Ireland, accounting for a 69% share of total exports. Moreover, natural rubber and gum exports to Denmark exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Denmark stood at +269.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+256.5% per year) and the UK (+26.4% per year).

In value terms, Denmark ($X), the Netherlands ($X) and the UK ($X) were the largest markets for natural rubber and gum exported from Ireland worldwide, together accounting for 98% of total exports.

The Netherlands, with a CAGR of +255.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural rubber and gum export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 268% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Denmark ($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 (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Natural Rubber And Gums

Imports into Ireland

In 2022, supplies from abroad of natural rubber and gums decreased by 0% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 136% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, natural rubber and gum imports stood at $X in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 86%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of natural rubber and gum imports to Ireland, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +76.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest natural rubber and gum suppliers to Ireland, together accounting for 83% of total imports.

Italy, with a CAGR of +64.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, standing approx. at the previous year. In general, the import price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2017 an increase of 58%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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