Price for Mineral Substances Not Elsewhere Specified or Included in Ireland - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Ireland (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Ireland (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Ireland
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Ireland

Price for Mineral Substances Not Elsewhere Specified or Included in Ireland (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $322 per ton in 2022, dropping by -19.6% against the previous year. Over the period under review, the import price, however, recorded prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $537 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Luxembourg ($3,042 per ton), while the price for France ($182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Ireland (FOB) - 2022

In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $572 per ton, which is down by -41.6% against the previous year. In general, the export price showed a slight shrinkage. The pace of growth was the most pronounced in 2016 an increase of 288% against the previous year. The export price peaked at $978 per ton in 2021, and then fell significantly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($684 per ton) and French Polynesia ($629 per ton), while the average price for exports to the United States ($547 per ton) and the UK ($593 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in Ireland

In 2022, approx. 29K tons of mineral substances not elsewhere specified or includeds were imported into Ireland; picking up by 68% compared with 2021 figures. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 129%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of mineral substances not elsewhere specified or includeds surged to $9.5M in 2022. Overall, imports recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Mineral Substances Not Elsewhere Specified or Included in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9967382,6853,70054.9%
Luxembourg1751,2051,2771,728114.5%
Germany4933461,0121,26236.8%
United Kingdom1,1541,085416854-9.5%
South Africa313161303258-6.2%
Spain1,10558.384.548.0-64.8%
Others2,3144901,2201,605-11.5%
Total6,5504,0826,9979,45613.0%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Ireland in 2022:

  1. France (20.3K tons)
  2. Germany (3.5K tons)
  3. United Kingdom (3.1K tons)
  4. Luxembourg (0.6K tons)
  5. South Africa (0.5K tons)
  6. Spain (0.1K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Ireland

In 2022, approx. 187 tons of mineral substances not elsewhere specified or includeds were exported from Ireland; with a decrease of -24% on the previous year's figure. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 686%. As a result, the exports attained the peak of 247 tons, and then reduced remarkably in the following year.

In value terms, exports of mineral substances not elsewhere specified or includeds declined markedly to $107K in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,031% against the previous year. As a result, the exports attained the peak of $241K, and then shrank rapidly in the following year.

Export of Mineral Substances Not Elsewhere Specified or Included in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A21.658.4170.4%
United Kingdom81.218.011640.7-20.6%
South Africa8.9N/A5.45.6-14.3%
French PolynesiaN/AN/AN/A2.50%
SwitzerlandN/AN/A98.8N/A0%
Others1.63.3N/AN/A106.2%
Total91.721.32411075.3%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Ireland in 2022:

  1. United States (106.8 tons)
  2. United Kingdom (68.5 tons)
  3. South Africa (8.2 tons)
  4. French Polynesia (3.9 tons)

Source: IndexBox Market Intelligence Platform

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