Ireland: Worked Slate Market 2024

Worked Slate Market Size in Ireland

The Irish worked slate market declined to $X in 2022, which is down by -7.4% against the previous year. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Worked Slate Production in Ireland

In value terms, worked slate production contracted to $X in 2022 estimated in export price. In general, production, however, saw a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 70% against the previous year. Worked slate production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Worked Slate Exports

Exports from Ireland

In 2022, approx. X tons of worked slate were exported from Ireland; waning by -21.3% against 2021. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 89%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, worked slate exports reduced sharply to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 82%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for worked slate exports from Ireland, with a 98% share of total exports. It was followed by South Africa (X tons), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled -2.8%.

In value terms, the UK ($X) emerged as the key foreign market for worked slate exports from Ireland, comprising 97% of total exports. The second position in the ranking was held by South Africa ($X), with a 2.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK stood at -3.5%.

Export Prices by Country

The average worked slate export price stood at $X per ton in 2022, declining by -4.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+9.2%).

Worked Slate Imports

Imports into Ireland

In 2022, imports of worked slate into Ireland shrank to X tons, with a decrease of -8.3% against the previous year. In general, imports, however, saw a measured increase. The growth pace was the most rapid in 2016 with an increase of 55%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, worked slate imports contracted to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.3% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), the UK (X tons) and Brazil (X tons) were the main suppliers of worked slate imports to Ireland, with a combined 89% share of total imports. China and Belgium lagged somewhat behind, together comprising a further 9.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +37.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest worked slate suppliers to Ireland were Spain ($X), the UK ($X) and Brazil ($X), together comprising 86% of total imports. China and Belgium lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, China, with a CAGR of +34.3%, 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

The average worked slate import price stood at $X per ton in 2022, with a decrease of -2.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Brazil ($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 Czech Republic (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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