Ireland - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ireland - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Machine-Tool for Drilling Price in Ireland - 2023

Contents:

  1. Machine-Tool for Drilling Price in Ireland (CIF) - 2022
  2. Machine-Tool for Drilling Price in Ireland (FOB) - 2022
  3. Machine-Tool for Drilling Imports in Ireland
  4. Machine-Tool for Drilling Exports in Ireland

Machine-Tool for Drilling Price in Ireland (CIF) - 2022

In 2022, the average machine-tool for drilling import price amounted to $1,177 per unit, surging by 12% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 1,083% against the previous year. The import price peaked at $4,789 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,506 per unit), while the price for China ($311 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Machine-Tool for Drilling Price in Ireland (FOB) - 2022

The average machine-tool for drilling export price stood at $292 per unit in 2022, declining by -13.5% against the previous year. In general, the export price saw a dramatic descent. The most prominent rate of growth was recorded in 2020 an increase of 143%. The export price peaked at $16,003 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($15,311 per unit), while the average price for exports to Singapore ($496 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4,354.5%), while the prices for the other major destinations experienced more modest paces of growth.

Machine-Tool for Drilling Imports in Ireland

For the third consecutive year, Ireland recorded decline in purchases abroad of machine-tools for drilling, boring or milling metal, which decreased by -0.4% to 5.4K units in 2022. Over the period under review, imports saw a sharp reduction. Over the period under review, imports hit record highs at 23K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, machine-tool for drilling imports amounted to $6.4M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Machine-Tool for Drilling in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,0062,731N/A2,1983.1%
South KoreaN/AN/AN/A1,2780%
China437199N/A80122.4%
Taiwan (Chinese)136236N/A54759.0%
United States566490N/A473-5.8%
Germany1,435608N/A101-58.7%
Others4945025,7251,00926.9%
Total5,0734,7665,7256,4078.1%

Top Suppliers of Machine-Tool for Drilling to Ireland in 2022:

  1. China (2581.0 units)
  2. United Kingdom (1268.0 units)
  3. South Korea (223.0 units)
  4. Taiwan (Chinese) (180.0 units)
  5. United States (63.0 units)
  6. Germany (59.0 units)

Machine-Tool for Drilling Exports in Ireland

For the third year in a row, Ireland recorded decline in shipments abroad of machine-tools for drilling, boring or milling metal, which decreased by -5.3% to 4.4K units in 2022. Overall, exports showed a precipitous setback. The exports peaked at 30K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, machine-tool for drilling exports fell remarkably to $1.3M in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports reached the maximum at $2.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Machine-Tool for Drilling in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom58.638.2N/A674125.7%
Germany233997N/A35114.6%
United States2,236N/AN/A32.2-75.7%
NorwayN/AN/AN/A21.20%
SingaporeN/AN/AN/A8.90%
United Arab Emirates0.5N/AN/A5.0115.4%
Others1342161,58420615.4%
Total2,6621,2511,5841,297-21.3%

Top Export Markets for Machine-Tool for Drilling from Ireland in 2022:

  1. Germany (62.0 units)
  2. United Kingdom (44.0 units)
  3. Singapore (18.0 units)
  4. United States (15.0 units)
  5. United Arab Emirates (4.0 units)
  6. Norway (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
  • Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
  • Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
  • Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
  • Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

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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