Seals; Mechanical Price in Ireland - 2023

Contents:

1. Seals; Mechanical Price in Ireland (FOB) - 2023
2. Seals; Mechanical Price in Ireland (CIF) - 2022
3. Seals; Mechanical Exports in Ireland
4. Seals; Mechanical Imports in Ireland

Seals; Mechanical Price in Ireland (FOB) - 2023

In August 2023, the average seals; mechanical export price amounted to $26.4 per unit, approximately reflecting the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 69% month-to-month. As a result, the export price attained the peak level of $32.2 per unit. From December 2022 to August 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the Czech Republic ($76.7 per unit), while the average price for exports to Poland ($9.9 per unit) 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 the UK (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Price in Ireland (CIF) - 2022

The average seals; mechanical import price stood at $6.4 per unit in 2022, waning by -29.2% against the previous year. Overall, the import price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 an increase of 105%. As a result, import price reached the peak level of $9.1 per unit, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12 per unit), while the price for the Netherlands ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Exports in Ireland

In 2022, approx. 709K units of seals; mechanicals were exported from Ireland; waning by -21% on the previous year. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, the exports attained the peak of 896K units, and then shrank markedly in the following year.

In value terms, seals; mechanical exports fell to $17M in 2022. In general, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, the exports attained the peak of $18M, and then shrank in the following year.

Top Export Markets for Seals; Mechanical from Ireland in 2022:

1. United States (112.8K units)
2. Netherlands (79.9K units)
3. United Kingdom (64.4K units)
4. Germany (60.8K units)
5. Italy (48.5K units)
6. Czech Republic (42.1K units)
7. France (31.2K units)
8. Denmark (27.4K units)
9. South Africa (21.5K units)
10. Poland (19.6K units)
11. Sweden (19.2K units)
12. Spain (14.3K units)
13. South Korea (13.5K units)

Seals; Mechanical Imports in Ireland

In 2022, after two years of decline, there was significant growth in supplies from abroad of seals; mechanicals, when their volume increased by 13% to 1.3M units. In general, imports, however, recorded a noticeable slump. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, seals; mechanical imports contracted remarkably to $8.5M in 2022. Over the period under review, imports recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 92%. As a result, imports reached the peak of $11M, and then dropped sharply in the following year.

Top Suppliers of Seals; Mechanical to Ireland in 2022:

1. United Kingdom (435.3K units)
2. Netherlands (217.5K units)
3. Germany (180.2K units)
4. United States (93.5K units)
5. Mexico (87.1K units)
6. Belgium (73.1K units)
7. China (58.5K units)
8. France (38.6K units)
9. Taiwan (Chinese) (16.8K units)

Source: IndexBox Market Intelligence Platform