Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland - 2023

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $5,563 per unit, waning by -80.4% against the previous year. Over the period under review, the import price, however, saw significant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 12,446%. As a result, import price attained the peak level of $28,416 per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($38,280 per unit), while the price for the United States ($1,247 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+327.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $4,350 per unit in 2022, shrinking by -88.7% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 1,396% against the previous year. The export price peaked at $38,502 per unit in 2021, and then contracted dramatically in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to -85.9% per year.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland

For the fourth year in a row, Ireland recorded growth in purchases abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, which increased by 57% to 11 units in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 250%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses declined notably to $61K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 43,810%. As a result, imports attained the peak of $199K, and then dropped significantly in the following year.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ItalyN/A18738.3-79.5%
China0.16.012.41013.6%
United KingdomN/A4.99.287.8%
United States0.40.81.273.2%
Hong Kong SARN/A0.1N/A0%
IndiaN/AN/AN/A0%
OthersN/AN/AN/A0%
Total0.519961.21006.3%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Ireland in 2022:

  1. China (8.0 units)
  2. United States (1.0 units)
  3. United Kingdom (1.0 units)
  4. Italy (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland

In 2022, exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Ireland surged to 5 units, growing by 150% against the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted dramatically to $22K in 2022. Overall, exports, however, showed a dramatic shrinkage. Over the period under review, the exports of reached the peak figure at $77K in 2021, and then shrank significantly in the following year.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ireland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom77.021.7-71.8%
OthersN/AN/A0%
Total77.021.8-71.7%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Ireland in 2022:

  1. United Kingdom (4.0 units)

Source: IndexBox Market Intelligence Platform

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