Ireland: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Ireland

The Irish market for non-cellular plates, sheets, film, foil and strip of plastics fell significantly to $X in 2022, dropping by -59.4% against the previous year. Over the period under review, consumption showed a noticeable contraction. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Ireland

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics fell to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by 19% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Ireland

Exports of non-cellular plates, sheets, film, foil and strip of plastics from Ireland soared to X tons in 2022, increasing by 1,548% compared with 2021 figures. Over the period under review, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics reduced slightly to $X in 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 77%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The UK (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Ireland, accounting for a 86% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+68.7% per year) and the United States (+20.8% per year).

From 2012 to 2022, the average annual growth rate of value to the UK totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+24.2% per year) and the Netherlands (+67.2% per year).

Export Prices by Country

In 2022, the average export price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, falling by -94.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 901%. As a result, the export price attained the peak level of $X per ton, and then shrank remarkably 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 the United States ($X per ton), while the average price for exports to the UK ($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 United States (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Ireland

In 2022, approx. X tons of non-cellular plates, sheets, film, foil and strip of plastics were imported into Ireland; with an increase of 13% compared with the previous year. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.3% against 2020 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 27% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics rose markedly to $X in 2022. Over the period under review, imports continue to indicate a perceptible expansion. The growth pace was the most rapid in 2018 with an increase of 18% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of non-cellular plates, sheets, film, foil and strip of plastics to Ireland, with a 39% share of total imports. Moreover, imports of non-cellular plates, sheets, film, foil and strip of plastics from the UK exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+63.1% per year) and Germany (-4.9% per year).

In value terms, the UK ($X) constituted the largest supplier of non-cellular plates, sheets, film, foil and strip of plastics to Ireland, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with a 9.7% share of total imports. It was followed by the United States, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.9% per year) and the United States (-12.5% per year).

Import Prices by Country

The average import price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform