Ireland: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Ireland

The Irish plastic household ware market contracted to $X in 2021, falling by -9.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then fell in the following year.

Plastic Household Ware Exports

Exports from Ireland

In 2021, overseas shipments of plastics household articles and toilet articles decreased by -0.1% to X tons, falling for the third year in a row after seven years of growth. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -18.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27% against the previous year. 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, plastic household ware exports soared to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 +10.2% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for plastic household ware exports from Ireland, with a 68% share of total exports. Moreover, plastic household ware exports to the Netherlands exceeded the volume sent to the second major destination, the UK (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.3% per year) and France (+4.4% per year).

In value terms, the largest markets for plastic household ware exported from Ireland were the UK ($X), the Netherlands ($X) and France ($X), together accounting for 81% of total exports.

The UK, with a CAGR of +7.2%, saw the highest rates of growth with regard to the value of exports, among 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

The average plastic household ware export price stood at $X per ton in 2021, with an increase of 16% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 20% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands ($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 the UK (+6.8%), while the prices for the other major destinations experienced a decline.

Plastic Household Ware Imports

Imports into Ireland

In 2021, imports of plastics household articles and toilet articles into Ireland dropped remarkably to X tons, which is down by -19.7% compared with the year before. Over the period under review, total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.7% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by 25% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, plastic household ware imports totaled $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 19%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The UK (X tons), China (X tons) and Germany (X tons) were the main suppliers of plastic household ware imports to Ireland, with a combined 72% share of total imports. The Netherlands, Italy, Turkey, the United States, Poland, Belgium and Spain lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware suppliers to Ireland were the UK ($X), China ($X) and the Netherlands ($X), together comprising 72% of total imports. Germany, Italy, the United States, Spain, Poland, Belgium and Turkey lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, Belgium, with a CAGR of +31.4%, 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 plastic household ware import price stood at $X per ton in 2021, jumping by 37% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Turkey ($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 (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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