Report Update: May 1, 2024

Ireland - Milling Industry Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Milling Industry Machinery Price in Ireland - 2023

Milling Industry Machinery Price in Ireland (CIF) - 2022

The average milling industry machinery import price stood at $6,732 per unit in 2022, reducing by -24.7% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milling industry machinery import price decreased by -40.9% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 133% against the previous year. As a result, import price attained the peak level of $12,884 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12,632 per unit), while the price for the UK ($3,954 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Milling Industry Machinery Price in Ireland (FOB) - 2022

In 2022, the average milling industry machinery export price amounted to $4,666 per unit, shrinking by -25.4% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. The export price peaked at $14,260 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +0.1% per year.

Milling Industry Machinery Imports in Ireland

For the fourth consecutive year, Ireland recorded growth in supplies from abroad of milling industry machinery, which increased by 20% to 396 units in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 136%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, milling industry machinery imports shrank to $2.7M in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 134%. As a result, imports reached the peak of $3M, and then fell in the following year.

Import of Milling Industry Machinery in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.1	4.3	1,141	1,289	646.4%
United Kingdom	571	935	1,081	1,020	21.3%
Netherlands	620	111	466	304	-21.1%
Turkey	218	78.3	40.1	N/A	-57.1%
Others	172	133	224	53.0	-32.5%
Total	1,584	1,261	2,951	2,666	19.0%

Top Suppliers of Milling Industry Machinery to Ireland in 2022:

United Kingdom (258.0 units)
China (102.0 units)
Netherlands (26.0 units)

Milling Industry Machinery Exports in Ireland

After three years of growth, overseas shipments of milling industry machinery decreased by -4.8% to 179 units in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 74%. The exports peaked at 188 units in 2021, and then fell in the following year.

In value terms, milling industry machinery exports fell significantly to $835K in 2022. Overall, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 77% against the previous year. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Milling Industry Machinery in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	478	1,231	1,069	832	20.3%
France	358	181	53.1	N/A	-61.5%
Others	58.3	172	54.1	3.3	-61.6%
Total	894	1,584	1,176	835	-2.3%

Top Export Markets for Milling Industry Machinery from Ireland in 2022:

United Kingdom (178.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the milling industry machinery 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 28931300 - Machinery used in the milling industry or for the working of cereals or dried leguminous vegetables (excluding farm-type machinery)

Country coverage:

Ireland

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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