Argon Market Overview in the European Union
The revenue of the argon market in the European Union amounted to $137.9B in 2010, going up by 273% 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). Over the period under review, argon consumption continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2008 when the market value increased by 329% year-to-year. The level of argon consumption peaked in 2010 and is likely to see steady growth in the immediate term.
From 2007 to 2010, the average annual growth rate of volume in Ireland totaled +3,619.4%.
In value terms, Ireland ($95.4B) led the market, alone.
From 2007 to 2010, the average annual growth rate of value in Ireland amounted to +3,619.4%.
From 2007 to 2010, the average annual rate of growth in terms of the argon per capita consumption in Ireland stood at +3,557.5%.