Ireland - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ireland - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights

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Brakes and Servo-Brakes Price in Ireland - 2023

Contents:

  1. Brakes and Servo-Brakes Price in Ireland (CIF) - 2023
  2. Brakes and Servo-Brakes Price in Ireland (FOB) - 2023
  3. Brakes and Servo-Brakes Imports in Ireland
  4. Brakes and Servo-Brakes Exports in Ireland

Brakes and Servo-Brakes Price in Ireland (CIF) - 2023

In August 2023, the average brakes and servo-brakes import price amounted to $7,381 per ton, surging by 4.2% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 10% month-to-month. Over the period under review, average import prices attained the maximum at $7,851 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($12,865 per ton), while the price for China ($3,493 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Brakes and Servo-Brakes Price in Ireland (FOB) - 2023

In August 2023, the average brakes and servo-brakes export price amounted to $10,762 per ton, rising by 34% against the previous month. In general, export price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, brakes and servo-brakes export price increased by +61.9% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($21,080 per ton), while the average price for exports to the UK ($9,282 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Brakes and Servo-Brakes Imports in Ireland

Brakes and servo-brakes imports into Ireland reached 9.8K tons in 2022, stabilizing at 2021 figures. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, brakes and servo-brakes imports fell modestly to $61M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of $64M, and then declined modestly in the following year.

Import of Brakes and Servo-Brakes in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom22.519.9N/A21.7-1.2%
China2.82.4N/A19.992.3%
Germany3.12.9N/A3.76.1%
India0.3N/AN/A2.6105.4%
Italy1.51.4N/A2.417.0%
Poland0.10.6N/A2.2180.2%
Others4.34.463.88.123.5%
Total34.631.763.860.620.5%

Top Suppliers of Brakes and Servo-Brakes to Ireland in 2022:

  1. China (5.9K tons)
  2. United Kingdom (1.9K tons)
  3. Germany (0.6K tons)
  4. India (0.4K tons)
  5. Italy (0.2K tons)
  6. Poland (0.1K tons)

Brakes and Servo-Brakes Exports in Ireland

In 2022, approx. 573 tons of brakes and servo-brakes were exported from Ireland; rising by 142% against 2021 figures. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, brakes and servo-brakes exports expanded slightly to $4.3M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Brakes and Servo-Brakes in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,6431,015N/A2,80319.5%
Czech Republic30.142.4N/A265106.5%
Croatia48.293.2N/A23569.6%
Belgium20227.6N/A23.2-51.4%
Others4155574,2591,00334.2%
Total2,3391,7354,2594,33022.8%

Top Export Markets for Brakes and Servo-Brakes from Ireland in 2022:

  1. United Kingdom (439.1 tons)
  2. Czech Republic (41.4 tons)
  3. Croatia (29.2 tons)
  4. Belgium (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the brakes and servo-brakes market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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