Report Update Nov 1, 2024

Ireland - Phosphates of Mono- or Di-Sodium - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in Ireland

In 2021, the Irish sodium phosphates market increased by 26% to $X, rising for the seventh consecutive year after two years of decline. In general, consumption saw prominent growth. Sodium phosphates consumption peaked in 2021 and is expected to retain growth in the immediate term.

Sodium Phosphates Exports

Exports from Ireland

In 2021, approx. X tons of phosphates of mono- or di-sodium were exported from Ireland; falling by -19.6% compared with the previous year's figure. Over the period under review, exports recorded a precipitous decline. The growth pace was the most rapid in 2017 with an increase of 225% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sodium phosphates exports contracted markedly to $X in 2021. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 335% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), the United States (X tons) and China (X kg) were the main destinations of sodium phosphates exports from Ireland, together accounting for 71% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +24.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sodium phosphates exported from Ireland were the United States ($X), the UK ($X) and Norway ($X), together accounting for 78% of total exports. These countries were followed by Sweden, China, Denmark, Singapore and Hong Kong SAR, which together accounted for a further 21%.

Singapore, with a CAGR of +27.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average sodium phosphates export price amounted to $X per ton, falling by -22.4% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72%. The export price peaked at $X per ton in 2020, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Singapore ($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 Finland (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Phosphates Imports

Imports into Ireland

In 2021, purchases abroad of phosphates of mono- or di-sodium increased by 13% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 76%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sodium phosphates imports soared to $X in 2021. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 75% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest sodium phosphates supplier to Ireland, with a 68% share of total imports. Moreover, sodium phosphates imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.9% per year) and the United States (+5.5% per year).

In value terms, Germany ($X) constituted the largest supplier of phosphates of mono- or di-sodium to Ireland, comprising 54% of total imports. The second position in the ranking was held by the United States ($X), with a 26% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.1% per year) and Belgium (+29.0% per year).

Import Prices by Country

The average sodium phosphates import price stood at $X per ton in 2021, surging by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2016 an increase of 56%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($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 UK (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphates of mono- or di-sodium in the world?

The countries with the highest volumes of sodium phosphates consumption in 2021 were Sweden, the United States and Kenya, with a combined 33% share of global consumption.

What are the largest producers of phosphates of mono- or di-sodium in the world?

China constituted the country with the largest volume of sodium phosphates production, comprising approx. 52% of total volume. Moreover, sodium phosphates production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. Germany ranked third in terms of total production with a 15% share.

What are the leading suppliers of phosphates of mono- or di-sodium to Ireland?

In value terms, the United States constitutes the largest market for imported phosphates of mono- or di-sodium into Ireland, comprising 15% of global imports. The second position in the ranking was occupied by Thailand, with a 6.6% share of global imports. It was followed by the Netherlands, with a 3.9% share.

What are the leading importers of phosphates of mono- or di-sodium from Ireland?

In value terms, the largest sodium phosphates supplying countries from Ireland were Germany, China and the United States, with a combined 70% share of total exports. France, Thailand and Mexico lagged somewhat behind, together accounting for a further 14%.

What is the average export price for phosphates of mono- or di-sodium in Ireland?

The sodium phosphates export price in Ireland stood at $9,500 per ton in 2021, waning by -29.8% against the previous year.

What is the average import price for phosphates of mono- or di-sodium in Ireland?

The sodium phosphates import price in Ireland stood at $4,080 per ton in 2021, increasing by 20% against the previous year.

This report provides an in-depth analysis of the sodium phosphates 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 20134230 - Phosphates of mono- or di-sodium

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

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

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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023