Price for Poly(Lactic Acid); in Primary Forms in Ireland - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Ireland (FOB) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Ireland (CIF) - 2022
  3. Exports of Poly(Lactic Acid); in Primary Forms in Ireland
  4. Imports of Poly(Lactic Acid); in Primary Forms in Ireland

Price for Poly(Lactic Acid); in Primary Forms in Ireland (FOB) - 2022

In 2022, the average export price for poly(lactic acid); in primary formses amounted to $37,082 per ton, rising by 71% against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 326% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($66,594 per ton), while the average price for exports to the UK stood at $34,900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+21.1%).

Price for Poly(Lactic Acid); in Primary Forms in Ireland (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $10,250 per ton, jumping by 119% against the previous year. Over the period under review, the import price enjoyed a temperate 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 ($28,633 per ton), while the price for France ($4,555 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 (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Poly(Lactic Acid); in Primary Forms in Ireland

In 2022, approx. 45 tons of poly(lactic acid); in primary formses were exported from Ireland; growing by 184% against 2021. Overall, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms exports surged to $1.7M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Poly(Lactic Acid); in Primary Forms in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.13.72951,445606.4%
United States32.878.323.119681.5%
South Africa41.4N/AN/AN/A0%
Others3.81.222.815.660.1%
Total82.183.23411,656172.2%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Ireland in 2022:

  1. United Kingdom (41.4 tons)
  2. United States (2.9 tons)

Imports of Poly(Lactic Acid); in Primary Forms in Ireland

In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -22.3% to 24 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 199% against the previous year. As a result, imports reached the peak of 39 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poly(lactic acid); in primary forms imports skyrocketed to $245K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Poly(Lactic Acid); in Primary Forms in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A0.71.779.8967.7%
Germany28.017961.568.734.9%
United States57.819.62.148.3-5.8%
United Kingdom7.77.88.125.749.4%
FranceN/AN/A20.10.1-99.5%
TurkeyN/AN/A44.8N/A0%
Others1.12.15.222.0171.4%
Total94.620914424537.3%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Ireland in 2022:

  1. France (undefined tons)
  2. Germany (14.1 tons)
  3. United Kingdom (4.1 tons)
  4. Netherlands (2.8 tons)
  5. United States (2.5 tons)

Source: IndexBox Market Intelligence Platform

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