Ireland: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Ireland

The Irish sulphides, dithionites and sulphoxylates market was estimated at $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, recorded a abrupt slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Ireland

In value terms, sulphides, dithionites and sulphoxylates production reached $X in 2022 estimated in export price. In general, production saw prominent growth. The growth pace was the most rapid in 2013 when the production volume increased by 71% against the previous year. Sulphides, dithionites and sulphoxylates production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Ireland

In 2022, overseas shipments of sulphides, polysulphides, dithionites and sulphoxylates decreased by 0% to X tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 8,900% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates exports amounted to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 11,483%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +83.5%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +34.0%.

Export Prices by Country

The average sulphides, dithionites and sulphoxylates export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 206%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -27.0% per year.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Ireland

In 2022, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2018 when imports increased by 195%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports amounted to $X in 2022. Over the period under review, imports faced a sharp descent. The pace of growth appeared the most rapid in 2018 when imports increased by 105% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest sulphides, dithionites and sulphoxylates supplier to Ireland, with a 77% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.5% per year) and France (+44.9% per year).

In value terms, Germany ($X), France ($X) and the United States ($X) appeared to be the largest sulphides, dithionites and sulphoxylates suppliers to Ireland, together accounting for 78% of total imports.

In terms of the main suppliers, France, with a CAGR of +59.5%, 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 mixed trend patterns.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, flattening at the previous year. In general, the import price recorded a deep setback. The pace of growth was the most pronounced in 2020 an increase of 154% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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