Ireland - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ireland - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in Ireland - 2023

Contents:

  1. Electromagnetic Lifting Head Price in Ireland (FOB) - 2023
  2. Electromagnetic Lifting Head Price in Ireland (CIF) - 2023
  3. Electromagnetic Lifting Head Exports in Ireland
  4. Electromagnetic Lifting Head Imports in Ireland

Electromagnetic Lifting Head Price in Ireland (FOB) - 2023

The average electromagnetic lifting head export price stood at $28,143 per ton in July 2023, waning by -4.2% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 13% m-o-m. The export price peaked at $30,879 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($6.2M per ton), while the average price for exports to Italy ($17,489 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Price in Ireland (CIF) - 2023

In July 2023, the average electromagnetic lifting head import price amounted to $18,691 per ton, declining by -49.9% against the previous month. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in May 2023 an increase of 65% m-o-m. Over the period under review, average import prices attained the maximum at $85,018 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($161K per ton), while the price for Italy ($11,327 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+241.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Exports in Ireland

After two years of decline, shipments abroad of electromagnets and electromagnetic lifting heads increased by 83% to 744 tons in 2022. In general, exports, however, continue to indicate a noticeable descent.

In value terms, electromagnetic lifting head exports contracted to $19M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $20M, and then reduced in the following year.

Export of Electromagnetic Lifting Head in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.22.5N/A4.526.9%
United States1.72.5N/A3.628.4%
Italy4.23.4N/A3.5-5.9%
United Kingdom2.82.2N/A2.6-2.4%
Belgium3.01.8N/A1.3-24.3%
India0.60.2N/A0.60.0%
France0.90.5N/A0.6-12.6%
Spain0.70.6N/A0.6-5.0%
Others1.52.320.31.50.0%
Total17.315.820.318.72.6%

Top Export Markets for Electromagnetic Lifting Head from Ireland in 2022:

  1. Italy (220.3 tons)
  2. Germany (154.9 tons)
  3. United Kingdom (138.8 tons)
  4. United States (83.2 tons)
  5. Spain (36.2 tons)
  6. India (23.9 tons)
  7. France (19.0 tons)
  8. Belgium (17.9 tons)

Electromagnetic Lifting Head Imports in Ireland

In 2022, the amount of electromagnets and electromagnetic lifting heads imported into Ireland amounted to 174 tons, therefore, remained relatively stable against 2021 figures. In general, imports showed a abrupt setback. The smallest decline of -25.9% was in 2020.

In value terms, electromagnetic lifting head imports totaled $5.8M in 2022. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 6.4% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Electromagnetic Lifting Head in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3821,130N/A1,5914.8%
Czech Republic121115N/A1,538133.4%
United Kingdom801449N/A9164.6%
United States538878N/A6476.3%
India0.56.9N/A207645.3%
Spain6.354.5N/A135177.8%
Italy316200N/A15.2-63.6%
Others4521,015N/A74017.9%
Total3,6163,848N/A5,78717.0%

Top Suppliers of Electromagnetic Lifting Head to Ireland in 2022:

  1. China (104.1 tons)
  2. United Kingdom (22.3 tons)
  3. India (17.4 tons)
  4. Spain (11.6 tons)
  5. United States (4.2 tons)
  6. Czech Republic (4.0 tons)
  7. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
  • Prodcom 27904560 -

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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