Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $664,472 per ton, increasing by 166% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. As a result, import price attained the peak level and is likely to continue 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 ($476,143 per ton), while the price for the UK ($65,865 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 (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $28,290 per ton, which is down by -80.8% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 251% against the previous year. Over the period under review, the average export prices reached the maximum at $287,518 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($152,572 per ton), while the average price for exports to the UK ($23,565 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 the United States (-6.1%), while the prices for the other major destinations experienced a decline.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland

In 2022, after three years of growth, there was significant decline in supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses, when their volume decreased by -26.7% to 16 tons. Over the period under review, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 78%.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses expanded remarkably to $4.9M in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Ireland in 2022:

1. Germany (6.5 tons)
2. Netherlands (5.1 tons)
3. United Kingdom (2.2 tons)
4. China (0.6 tons)
5. United States (0.5 tons)
6. France (0.4 tons)
7. Belgium (0.2 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ireland

In 2022, overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses increased by 29% to 2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant contraction.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses shrank notably to $78K in 2022. In general, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Ireland in 2022:

1. United Kingdom (1043.0 kg)
2. India (425.0 kg)
3. United States (222.0 kg)

Source: IndexBox Market Intelligence Platform