Ireland - Phthalic Anhydride, Terephthalic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights
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Market Size for Phthalic Anhydride, Terephthalic Acid And Its Salts in Ireland
In 2023, the Irish market for phthalic anhydride, terephthalic acid and its salts was finally on the rise to reach $X for the first time since 2020, thus ending a two-year declining trend. Over the period under review, consumption recorded a buoyant increase. Phthalic anhydride and terephthalic acid consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.
Exports of Phthalic Anhydride, Terephthalic Acid And Its Salts
Exports from Ireland
In 2023, the amount of phthalic anhydride, terephthalic acid and its salts exported from Ireland soared to X kg, picking up by X% compared with 2022. Over the period under review, exports, however, faced a precipitous curtailment. Over the period under review, the exports reached the peak figure at X kg in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, phthalic anhydride and terephthalic acid exports expanded significantly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2021 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
The Netherlands (X kg) was the main destination for phthalic anhydride and terephthalic acid exports from Ireland, accounting for a X% share of total exports. Moreover, phthalic anhydride and terephthalic acid exports to the Netherlands exceeded the volume sent to the second major destination, Hungary (X kg), fivefold.
From 2021 to 2023, the average annual growth rate of volume to the Netherlands amounted to X%.
In value terms, the Netherlands ($X) remains the key foreign market for phthalic anhydride, terephthalic acid and its salts exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports.
From 2021 to 2023, the average annual rate of growth in terms of value to the Netherlands amounted to X%.
Export Prices by Country
The average export price for phthalic anhydride, terephthalic acid and its salts stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Hungary totaled $X per ton.
From 2021 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).
Imports of Phthalic Anhydride, Terephthalic Acid And Its Salts
Imports into Ireland
In 2023, overseas purchases of phthalic anhydride, terephthalic acid and its salts increased by X% to X kg for the first time since 2020, thus ending a two-year declining trend. In general, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, phthalic anhydride and terephthalic acid imports soared to $X in 2023. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, the UK (X kg) constituted the largest phthalic anhydride and terephthalic acid supplier to Ireland, accounting for a X% share of total imports. Moreover, phthalic anhydride and terephthalic acid imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. Belgium (X kg) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Belgium (X% per year).
In value terms, the UK ($X) constituted the largest supplier of phthalic anhydride, terephthalic acid and its salts to Ireland, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).
Import Prices by Country
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $X per ton in 2023, remaining stable against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, phthalic anhydride and terephthalic acid import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid 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 20143430 - Phthalic anhydride, terephthalic 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
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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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