Ireland: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Ireland

The Irish fluorescent brightening agents market fell markedly to $X in 2022, with a decrease of -90.3% against the previous year. Over the period under review, consumption recorded a deep slump. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Fluorescent Brightening Agents Production in Ireland

In value terms, fluorescent brightening agents production amounted to less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume decreased by 99.9%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Fluorescent Brightening Agents Exports

Exports from Ireland

Fluorescent brightening agents exports from Ireland was estimated at X tons in 2022, remaining stable against 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 5,213% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, fluorescent brightening agents exports stood at $X in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 6,704% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for fluorescent brightening agents exports from Ireland, with a 79% share of total exports. Moreover, fluorescent brightening agents exports to Denmark exceeded the volume sent to the second major destination, Italy (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Denmark stood at +240.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+75.7% per year) and the Netherlands (0.0% per year).

From 2012 to 2022, the average annual growth rate of value to Denmark totaled +330.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+83.5% per year) and the Netherlands (0.0% per year).

Export Prices by Country

The average fluorescent brightening agents export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2014 an increase of 28%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($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 Denmark (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Ireland

In 2022, the amount of synthetic organic products used as fluorescent brightening agents imported into Ireland amounted to X tons, almost unchanged from 2021 figures. In general, imports recorded a tangible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 68% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, fluorescent brightening agents imports amounted to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 77%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of fluorescent brightening agents to Ireland, accounting for a 74% share of total imports. Moreover, fluorescent brightening agents imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X kg), ninefold. The UK (X kg) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +62.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+64.5% per year) and the UK (-10.9% per year).

In value terms, the largest fluorescent brightening agents suppliers to Ireland were the United States ($X), China ($X) and Belgium ($X), together comprising 91% of total imports.

China, with a CAGR of +59.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fluorescent brightening agents import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 43%. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+72.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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