Ireland: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in Ireland

For the third year in a row, the Irish polycarboxylic acid market recorded growth in sales value, which increased by 8.1% to $X in 2022. Overall, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.2% against 2019 indices. Polycarboxylic acid consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Polycarboxylic Acid Exports

Exports from Ireland

Polycarboxylic acid exports from Ireland stood at X tons in 2022, remaining constant against the previous year's figure. Overall, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 208% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, polycarboxylic acid exports amounted to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 302% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), China (X tons) and Switzerland (X tons) were the main destinations of polycarboxylic acid exports from Ireland, with a combined 85% share of total exports. The UK, Spain, Slovenia and the Czech Republic lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +175.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polycarboxylic acid exported from Ireland were the Netherlands ($X), Switzerland ($X) and China ($X), with a combined 75% share of total exports.

Switzerland, with a CAGR of +139.7%, 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 2022, the average polycarboxylic acid export price amounted to $X per ton, approximately equating the previous year. Overall, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2014 an increase of 361%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to China ($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 Malaysia (+162.2%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports

Imports into Ireland

In 2022, imports of polycarboxylic acids into Ireland was estimated at X tons, remaining constant against the year before. Overall, imports enjoyed a measured expansion. The growth pace was the most rapid in 2013 with an increase of 95%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, polycarboxylic acid imports totaled $X in 2022. In general, imports recorded a slight increase. The most prominent rate of growth was recorded in 2015 with an increase of 41% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Turkey (X tons) and the UK (X tons) were the main suppliers of polycarboxylic acid imports to Ireland, together accounting for 87% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +161.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid suppliers to Ireland were Poland ($X), Germany ($X) and Turkey ($X), together comprising 59% of total imports.

Among the main suppliers, Poland, with a CAGR of +155.1%, 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

In 2022, the average polycarboxylic acid import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :