Ireland: Oil Crops Market 2025

Oil Crops Market Size in Ireland

The Irish oil crops market shrank sharply to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Oil Crops Production in Ireland

In value terms, oil crops production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017 with an increase of X%. Oil crops production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of oil crops (primary) in Ireland fell slightly to X tons per ha, with a decrease of X% on the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. The oil crops yield peaked at X tons per ha in 2021, and then reduced slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The oil crops harvested area in Ireland dropped to X ha in 2022, which is down by X% compared with the previous year's figure. Over the period under review, the harvested area continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. The oil crops harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Oil Crops Exports

Exports from Ireland

In 2022, the amount of oil crops (primary) exported from Ireland surged to X tons, increasing by X% against 2021 figures. Overall, exports posted a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, oil crops exports soared to $X in 2022. In general, exports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tons) was the main destination for oil crops exports from Ireland, accounting for a X% share of total exports. It was followed by Germany (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X%.

In value terms, the UK ($X) remains the key foreign market for oil crops (primary) exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%.

Export Prices by Country

In 2022, the average oil crops export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Oil Crops Imports

Imports into Ireland

Oil crops imports into Ireland shrank markedly to X tons in 2022, waning by X% compared with 2021 figures. Over the period under review, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, oil crops imports declined significantly to $X in 2022. In general, imports, however, continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of oil crops to Ireland, with a X% share of total imports. Moreover, oil crops imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and France (X% per year).

In value terms, the United States ($X), the UK ($X) and China ($X) were the largest oil crops suppliers to Ireland, together comprising X% of total imports. France, Germany, the Netherlands, India, Canada, Brazil and Russia lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oil crops import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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