Ireland: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Ireland

In 2023, the Irish market for siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption enjoyed a strong increase. Consumption of peaked in 2023 and is likely to see steady growth in the immediate term.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Ireland

In 2023, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were exported from Ireland; increasing by X% compared with the year before. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2023. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Ireland, with a X% share of total exports. It was followed by Canada (X kg), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to the UK amounted to X%.

In value terms, the UK ($X) and Canada ($X) appeared to be the largest markets for siliceous fossil meal (kieselguhr, tripolite and diatomite) exported from Ireland worldwide.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, 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 Canada ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%).

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Ireland

In 2023, purchases abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) soared to $X in 2023. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, the UK (X tons) was the main supplier of siliceous fossil meal (kieselguhr, tripolite and diatomite) to Ireland, with a X% share of total imports. Moreover, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from the UK exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and the United States (X% per year).

In value terms, the UK ($X) constituted the largest supplier of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Ireland, comprising X% of total imports. The second position in the ranking was held by Luxembourg ($X), with a X% share of total imports. It was followed by Denmark, 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: Luxembourg (X% per year) and Denmark (X% per year).

Import Prices by Country

The average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform