Ice Cream Market Overview in Ireland
In value terms, ice cream production rose sharply to $ in 2019 estimated in export prices. Over the period under review, the total production indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2008 indices. The growth pace was the most rapid in 2008 with an increase of % year-to-year. Ice cream production peaked in 2019 and is expected to retain growth in the near future.
The value of the ice cream market in Ireland totaled $ in 2019, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a noticeable expansion. The pace of growth appeared the most rapid in 2015 with an increase of % y-o-y. Ice cream consumption peaked in 2019 and is expected to retain growth in years to come.