Report Update Nov 1, 2024

Ireland - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Rare Gases Market 2024

Rare Gases Market Size in Ireland

In 2022, the Irish rare gases market was finally on the rise to reach $X after two years of decline. Overall, consumption saw resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rare Gases Production in Ireland

In value terms, rare gases production fell notably to $X in 2022 estimated in export price. In general, production, however, saw a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,589%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Rare Gases Exports

Exports from Ireland

In 2022, overseas shipments of rare gases (excluding argon) were finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rare gases exports contracted to $X in 2022. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 58% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted slightly in the following year.

Exports by Country

The UK (X cubic meters) was the main destination for rare gases exports from Ireland, accounting for a 70% share of total exports. Moreover, rare gases exports to the UK exceeded the volume sent to the second major destination, Belgium (X cubic meters), twofold.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +71.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (0.0% per year) and the United States (-31.8% per year).

In value terms, Belgium ($X), the UK ($X) and the United States ($X) constituted the largest markets for rare gases exported from Ireland worldwide, together comprising 99.9% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +62.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average rare gases export price stood at $X per cubic meter in 2022, waning by -70.3% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 103%. As a result, the export price reached the peak level of $X per cubic meter, and then fell rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+28.4%), while the prices for the other major destinations experienced a decline.

Rare Gases Imports

Imports into Ireland

In 2022, overseas purchases of rare gases (excluding argon) decreased by 0% to X cubic meters, falling for the second year in a row after three years of growth. In general, imports showed a strong increase. The growth pace was the most rapid in 2016 when imports increased by 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rare gases imports amounted to $X in 2022. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Algeria (X cubic meters), the United States (X cubic meters) and the UK (X cubic meters) were the main suppliers of rare gases imports to Ireland, together accounting for 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +29.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rare gases suppliers to Ireland were the United States ($X), Algeria ($X) and the UK ($X), together accounting for 93% of total imports.

Among the main suppliers, Algeria, with a CAGR of +22.9%, saw the highest growth rate of 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 rare gases import price amounted to $X per cubic meter, leveling off at the previous year. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 25%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for the UK ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+12.8%), 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 rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, with a combined 43% share of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, with a combined 44% share of global production.

What are the leading suppliers of rare gases (excluding argon) to Ireland?

In value terms, France, the United States and Belgium were the largest rare gases suppliers to Ireland, together accounting for 72% of total imports.

What are the leading importers of rare gases (excluding argon) from Ireland?

In value terms, the largest markets for rare gases exported from Ireland were Belgium and the UK.

What is the average export price for rare gases (excluding argon) in Ireland?

The average rare gases export price stood at $43 per cubic meter in 2021, waning by -7% against the previous year.

What is the average import price for rare gases (excluding argon) in Ireland?

The average rare gases import price stood at $32 per cubic meter in 2021, jumping by 29% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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