Report Update Jan 1, 2025

Ireland - Nitrates (Excluding Those of Potassium) - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Nitrates Market 2025

Nitrates Market Size in Ireland

After two years of decline, the Irish nitrates market increased by 74% to $X in 2021. In general, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nitrates Production in Ireland

In value terms, nitrates production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 45% against the previous year. Nitrates production peaked at $X in 2020, and then reduced in the following year.

Nitrates Exports

Exports from Ireland

In 2021, shipments abroad of nitrates (excluding those of potassium) decreased by -78.9% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,364% against the previous year. The exports peaked at X tons in 2020, and then shrank dramatically in the following year.

In value terms, nitrates exports shrank dramatically to $X in 2021. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 515%. The exports peaked at $X in 2020, and then reduced markedly in the following year.

Exports by Country

The UK (X tons) was the main destination for nitrates exports from Ireland, with a 98% share of total exports. It was followed by France (X tons), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +53.6%.

In value terms, the UK ($X) remains the key foreign market for nitrates (excluding those of potassium) exports from Ireland, comprising 66% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +50.7%.

Export Prices by Country

In 2021, the average nitrates export price amounted to $X per ton, with an increase of 174% against the previous year. Over the period under review, the export price showed a resilient increase. Over the period under review, the average export prices hit record highs at $X per ton in 2015; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+2,465.2%).

Nitrates Imports

Imports into Ireland

In 2021, the amount of nitrates (excluding those of potassium) imported into Ireland fell markedly to X tons, waning by -35.6% against 2020 figures. In general, imports, however, enjoyed a slight expansion. The growth pace was the most rapid in 2017 when imports increased by 153% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, nitrates imports contracted markedly to $X in 2021. Overall, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest nitrates supplier to Ireland, with a 63% share of total imports. Moreover, nitrates imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by China (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+10.0% per year) and China (+28.2% per year).

In value terms, Germany ($X) constituted the largest supplier of nitrates (excluding those of potassium) to Ireland, comprising 66% of total imports. The second position in the ranking was held by the UK ($X), with a 20% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+21.4% per year) and China (+41.4% per year).

Import Prices by Country

The average nitrates import price stood at $X per ton in 2021, rising by 32% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 112%. The import price peaked at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrates (excluding those of potassium) in the world?

China constituted the country with the largest volume of nitrates consumption, accounting for 20% of total volume. Moreover, nitrates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of nitrates (excluding those of potassium) in the world?

The country with the largest volume of nitrates production was China, comprising approx. 30% of total volume. Moreover, nitrates production in China exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the leading suppliers of nitrates (excluding those of potassium) to Ireland?

In value terms, Germany constituted the largest supplier of nitrates to Ireland, comprising 63% of total imports. The second position in the ranking was occupied by the UK, with a 23% share of total imports. It was followed by China, with a 10% share.

What are the leading importers of nitrates (excluding those of potassium) from Ireland?

In value terms, the UK remains the key foreign market for nitrates exports from Ireland, comprising 66% of total exports. The second position in the ranking was occupied by Germany, with a 20% share of total exports.

What is the average export price for nitrates (excluding those of potassium) in Ireland?

The average nitrates export price stood at $609 per ton in 2021, with an increase of 24% against the previous year.

What is the average import price for nitrates (excluding those of potassium) in Ireland?

The average nitrates import price stood at $23,669 per ton in 2021, rising by 45% against the previous year.

This report provides an in-depth analysis of the nitrates market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20134210 - Nitrates (excluding those of potassium)

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024