Ireland: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Ireland

The Irish oxygen-function amino-compound market reduced slightly to $X in 2021, approximately mirroring the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.6% against 2017 indices. Oxygen-function amino-compound consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Oxygen-Function Amino-Compound Production in Ireland

In value terms, oxygen-function amino-compound production shrank modestly to $X in 2021 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +3.2% against 2019 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 69%. Oxygen-function amino-compound production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from Ireland

Oxygen-function amino-compound exports from Ireland fell to X tons in 2021, reducing by -10.2% against 2020. In general, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +13.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 39%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, oxygen-function amino-compound exports dropped dramatically to $X in 2021. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 24%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Belgium (X tons) and the UK (X tons) were the main destinations of oxygen-function amino-compound exports from Ireland, together comprising 91% of total exports. These countries were followed by Canada and Germany, which together accounted for a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +24.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for oxygen-function amino-compounds exports from Ireland, comprising 67% of total exports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total exports. It was followed by the UK, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-8.9% per year) and the UK (+6.6% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, dropping by -22.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of 7.6%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-3.1%), while the prices for the other major destinations experienced a decline.

Oxygen-Function Amino-Compound Imports

Imports into Ireland

In 2021, the amount of oxygen-function amino-compounds imported into Ireland fell to X tons, shrinking by -11% against 2020. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.5% against 2017 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, oxygen-function amino-compound imports declined to $X in 2021. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 207% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Singapore (X tons) and the Netherlands (X tons) were the main suppliers of oxygen-function amino-compound imports to Ireland, together accounting for 55% of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +42.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of oxygen-function amino-compounds to Ireland, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with a 9.8% share of total imports. It was followed by the United States, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from Singapore amounted to +60.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.5% per year) and the United States (+17.1% per year).

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2018 an increase of 128%. The import price peaked at $X per ton in 2016; however, from 2017 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 Switzerland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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