Ireland: Photographic Paper Market 2024

Photographic Paper Market Size in Ireland

In 2021, the Irish photographic paper market increased by 42% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a abrupt downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Photographic Paper Exports

Exports from Ireland

In 2021, the amount of photographic paper, paperboard and textiles exported from Ireland surged to X square meters, increasing by 374% on 2020. Overall, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X square meters) was the main destination for photographic paper exports from Ireland, with a 75% share of total exports. Moreover, photographic paper exports to the UK exceeded the volume sent to the second major destination, Poland (X square meters), fivefold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at -20.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-1.9% per year) and the United States (-29.2% per year).

In value terms, the largest markets for photographic paper exported from Ireland were the UK ($X), Poland ($X) and the United States ($X), together comprising 92% of total exports.

Poland, with a CAGR of -7.0%, recorded 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 a decline.

Export Prices by Country

The average photographic paper export price stood at $X per square meter in 2021, with a decrease of -15.3% against the previous year. Overall, the export price, however, recorded strong growth. The growth pace was the most rapid in 2017 an increase of 223% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per square meter), while the average price for exports to the UK ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.1%), while the prices for the other major destinations experienced a decline.

Photographic Paper Imports

Imports into Ireland

In 2021, supplies from abroad of photographic paper, paperboard and textiles increased by 31% to X square meters for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, saw a abrupt decline. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, photographic paper imports skyrocketed to $X in 2021. In general, imports, however, showed a noticeable shrinkage. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest photographic paper supplier to Ireland, with a 80% share of total imports. Moreover, photographic paper imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X square meters), tenfold. Japan (X square meters) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at -11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-9.0% per year) and Japan (+46.5% per year).

In value terms, the largest photographic paper suppliers to Ireland were the Netherlands ($X), the UK ($X) and Japan ($X), with a combined 88% share of total imports. These countries were followed by the United States and China, which together accounted for a further 9.2%.

In terms of the main suppliers, China, with a CAGR of +50.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, increasing by 13% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, photographic paper import price increased by +92.4% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 39%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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 Japan ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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