Ireland - Glutamic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlutamic Acid Price in Ireland - 2023
Contents:
- Glutamic Acid Price in Ireland (CIF) - 2022
- Glutamic Acid Price in Ireland (FOB) - 2022
- Glutamic Acid Imports in Ireland
- Glutamic Acid Exports in Ireland
Glutamic Acid Price in Ireland (CIF) - 2022
The average glutamic acid import price stood at $4,058 per ton in 2022, remaining stable against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 54%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($168,116 per ton), while the price for the UK ($2,267 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 (+311.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glutamic Acid Price in Ireland (FOB) - 2022
In 2022, the average glutamic acid export price amounted to $2,961 per ton, flattening at the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. The export price peaked at $3,335 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,977 per ton), while the average price for exports to the UK stood at $2,704 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%).
Glutamic Acid Imports in Ireland
In 2022, approx. 265 tons of glutamic acid and its salts were imported into Ireland; remaining stable against the year before. In general, imports posted a prominent increase. The smallest decline of -5.6% was in 2020. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, glutamic acid imports amounted to $1.1M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Glutamic Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 39.8 | 123 | N/A | 392 | 114.4% |
| Germany | N/A | 53.5 | N/A | 291 | 133.2% |
| Netherlands | 42.9 | 87.6 | N/A | 92.5 | 29.2% |
| China | 0.7 | 16.1 | N/A | 89.2 | 403.2% |
| United Kingdom | 165 | 89.0 | N/A | 79.6 | -21.6% |
| Indonesia | 35.8 | N/A | N/A | N/A | 0% |
| Italy | 178 | 149 | N/A | N/A | -16.3% |
| Others | 21.6 | 73.9 | N/A | 130 | 81.9% |
| Total | 484 | 592 | N/A | 1,074 | 30.4% |
Top Suppliers of Glutamic Acid to Ireland in 2022:
- France (168.4 tons)
- United Kingdom (35.1 tons)
- China (29.7 tons)
- Germany (25.9 tons)
- Netherlands (0.6 tons)
Glutamic Acid Exports in Ireland
For the third consecutive year, Ireland recorded decline in overseas shipments of glutamic acid and its salts, which decreased by 0% to 31 tons in 2022. Over the period under review, exports recorded a significant expansion. The smallest decline of -1.8% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, glutamic acid exports stood at $91K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2.8% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Glutamic Acid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.0 | 5.2 | N/A | 73.4 | 144.9% |
| Italy | N/A | N/A | N/A | 15.2 | 0% |
| Others | N/A | N/A | N/A | 2.0 | 0% |
| Total | 5.0 | 5.2 | N/A | 90.5 | 162.6% |
Top Export Markets for Glutamic Acid from Ireland in 2022:
- United Kingdom (27.1 tons)
- Italy (3.0 tons)
This report provides an in-depth analysis of the glutamic acid 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 21102020 - Glutamic acid and its salts
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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