Ireland: Sulphonamides Market 2025

Sulphonamides Market Size in Ireland

In 2021, the Irish sulphonamides market increased by 9.4% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, saw a buoyant expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Sulphonamides Production in Ireland

In value terms, sulphonamides production surged to $X in 2021 estimated in export price. Overall, production recorded a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. Sulphonamides production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Sulphonamides Exports

Exports from Ireland

In 2021, approx. X tons of sulphonamides were exported from Ireland; dropping by -87.3% on 2020 figures. In general, exports, however, posted a measured expansion. The growth pace was the most rapid in 2020 with an increase of 722%. As a result, the exports reached the peak of X tons, and then declined sharply in the following year.

In value terms, sulphonamides exports dropped notably to $X in 2021. Overall, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -23.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 39%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), the UK (X tons) and Italy (X tons) were the main destinations of sulphonamides exports from Ireland, together comprising 70% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +228.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for sulphonamides exports from Ireland, comprising 55% of total exports. The second position in the ranking was held by Belgium ($X), with a 19% share of total exports. It was followed by Canada, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-8.2% per year) and Canada (+109.8% per year).

Export Prices by Country

The average sulphonamides export price stood at $X per kg in 2021, surging by 561% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per kg in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per kg), while the average price for exports to the UK ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphonamides Imports

Imports into Ireland

In 2021, overseas purchases of sulphonamides increased by 22% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +32.2% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 41% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, sulphonamides imports surged to $X in 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest sulphonamides supplier to Ireland, with a 71% share of total imports. Moreover, sulphonamides imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +64.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.4% per year) and France (-16.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of sulphonamides to Ireland, comprising 69% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by Germany, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+9.7% per year) and Germany (+47.7% per year).

Import Prices by Country

The average sulphonamides import price stood at $X per kg in 2021, growing by 89% against the previous year. Overall, the import price posted a significant increase. The pace of growth was the most pronounced in 2014 an increase of 124% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per kg), while the price for the Netherlands ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+61.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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