| Product Code: ETC4720084 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ireland`s selenium import market in 2024 was dominated by shipments from top exporters such as the UK, USA, Australia, Japan, and Belgium. Despite the high concentration with a very high HHI, the market saw a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -30.83%. Furthermore, the growth rate from 2023 to 2024 also experienced a notable decrease of -16.26%. These trends indicate a challenging market environment for selenium imports in Ireland, which may require strategic adjustments for businesses operating in this sector.

The Selenium market in Ireland is projected to grow at a stable growth rate of 0.08% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Selenium Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Selenium Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Selenium Market - Industry Life Cycle |
3.4 Ireland Selenium Market - Porter's Five Forces |
3.5 Ireland Selenium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Selenium Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ireland Selenium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of selenium |
4.2.2 Growing demand for selenium in the pharmaceutical and nutraceutical industries |
4.2.3 Rise in use of selenium in agriculture for enhancing crop productivity |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Stringent regulatory requirements for selenium usage in certain applications |
5 Ireland Selenium Market Trends |
6 Ireland Selenium Market Segmentations |
6.1 Ireland Selenium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Selenium Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Ireland Selenium Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 Ireland Selenium Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ireland Selenium Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.2.3 Ireland Selenium Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.4 Ireland Selenium Market Revenues & Volume, By Animal Feed industry, 2021-2031F |
6.2.5 Ireland Selenium Market Revenues & Volume, By Chemical industry, 2021-2031F |
6.2.6 Ireland Selenium Market Revenues & Volume, By Dietary supplements, 2021-2031F |
6.2.7 Ireland Selenium Market Revenues & Volume, By Other, 2021-2031F |
7 Ireland Selenium Market Import-Export Trade Statistics |
7.1 Ireland Selenium Market Export to Major Countries |
7.2 Ireland Selenium Market Imports from Major Countries |
8 Ireland Selenium Market Key Performance Indicators |
8.1 Percentage of agricultural land using selenium-based fertilizers |
8.2 Number of new product launches containing selenium |
8.3 Research and development investment in selenium-related technologies |
8.4 Number of partnerships or collaborations in the selenium market |
8.5 Consumer surveys indicating awareness and preference for selenium-rich products |
9 Ireland Selenium Market - Opportunity Assessment |
9.1 Ireland Selenium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Selenium Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ireland Selenium Market - Competitive Landscape |
10.1 Ireland Selenium Market Revenue Share, By Companies, 2024 |
10.2 Ireland Selenium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here