Ireland: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Ireland

In 2022, the Irish market for plasticised mixed polyvinyl chloride in primary forms decreased by -21.7% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption recorded a abrupt shrinkage. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Ireland

For the third consecutive year, Ireland recorded decline in shipments abroad of plasticised mixed polyvinyl chloride in primary forms, which decreased by 0% to X tons in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 2.6% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms stood at $X in 2022. Over the period under review, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 when exports increased by 28%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Ireland, with a 90% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to the UK exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-8.4% per year) and Belgium (+92.4% per year).

It was followed by Malaysia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+5.8% per year) and Malaysia (-8.1% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the UK ($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 Netherlands (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Ireland

In 2022, purchases abroad of plasticised mixed polyvinyl chloride in primary forms decreased by 0% to X tons, falling for the fourth year in a row after three years of growth. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 28%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms amounted to $X in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 when imports increased by 36%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to Ireland, together accounting for 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +2.1%), while imports for the other leaders experienced a decline.

In value terms, the largest plasticised mixed polyvinyl chloride in primary forms suppliers to Ireland were the UK ($X), the United States ($X) and Germany ($X), with a combined 96% share of total imports.

Among the main suppliers, the United States, with a CAGR of +1.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price saw buoyant growth. The growth pace was the most rapid in 2017 an increase of 16%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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