Ireland: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Ireland

The Irish silicon dioxide market soared to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate noticeable growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Silicon Dioxide Exports

Exports from Ireland

In 2022, after three years of growth, there was decline in shipments abroad of silicon dioxide, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, silicon dioxide exports soared to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for silicon dioxide exports from Ireland, accounting for a X% share of total exports. Moreover, silicon dioxide exports to the United States exceeded the volume sent to the second major destination, Nigeria (X tons), fivefold. The third position in this ranking was held by Canada (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Canada (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average silicon dioxide export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to South Africa ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Silicon Dioxide Imports

Imports into Ireland

In 2022, approx. X tons of silicon dioxide were imported into Ireland; picking up by X% on the previous year's figure. Overall, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, silicon dioxide imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest silicon dioxide supplier to Ireland, with a X% share of total imports. Moreover, silicon dioxide imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

In value terms, Germany ($X), the UK ($X) and the United States ($X) were the largest silicon dioxide suppliers to Ireland, with a combined X% share of total imports. Japan, Luxembourg, China, Sweden and Spain lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to 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 silicon dioxide import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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