Speed Changer Price in Ireland - 2023
Contents:
- Speed Changer Price in Ireland (CIF) - 2022
- Speed Changer Price in Ireland (FOB) - 2022
- Speed Changer Imports in Ireland
- Speed Changer Exports in Ireland
Speed Changer Price in Ireland (CIF) - 2022
In 2022, the average speed changer import price amounted to $10,933 per ton, reducing by -4% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of 7.4% against the previous year. Over the period under review, average import prices reached the maximum at $14,313 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($16,959 per ton), while the price for Denmark ($6,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced a decline.
Speed Changer Price in Ireland (FOB) - 2022
In 2022, the average speed changer export price amounted to $28,302 per ton, which is down by -11.6% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. The export price peaked at $39,336 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
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 Netherlands ($138,755 per ton), while the average price for exports to Denmark ($13,019 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Ireland
In 2022, approx. 5.1K tons of speed changers, industrial high-speed drives and gear were imported into Ireland; jumping by 52% compared with 2021 figures. In general, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, speed changer imports soared to $56M in 2022. Overall, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Speed Changer in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 1.8 | 3.7 | 12.4 | 70.5% |
| Denmark | 3.6 | 0.7 | 1.8 | 9.9 | 40.1% |
| United Kingdom | 9.7 | 9.0 | 9.1 | 9.2 | -1.7% |
| Germany | 6.3 | 6.4 | 6.7 | 7.4 | 5.5% |
| United States | 4.6 | 3.9 | 5.8 | 5.8 | 8.0% |
| Italy | 5.6 | 3.0 | 3.6 | 3.6 | -13.7% |
| India | N/A | N/A | 1.7 | 2.7 | 58.8% |
| Poland | 0.3 | 0.6 | 0.8 | 1.1 | 54.2% |
| Others | 2.8 | 3.4 | 5.3 | 4.1 | 13.6% |
| Total | 35.4 | 28.6 | 38.4 | 56.2 | 16.7% |
Top Suppliers of Speed Changer to Ireland in 2022:
- China (1507.2 tons)
- Denmark (1426.5 tons)
- United Kingdom (748.0 tons)
- Germany (536.2 tons)
- Italy (376.7 tons)
- India (159.4 tons)
- Poland (128.7 tons)
- United States (84.6 tons)
Speed Changer Exports in Ireland
For the fourth year in a row, Ireland recorded growth in overseas shipments of speed changers, industrial high-speed drives and gear, which increased by 5.1% to 605 tons in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, speed changer exports reduced to $17M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +34.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, the exports reached the peak of $18M, and then reduced in the following year.
| Export of Speed Changer in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.0 | 3.8 | 5.8 | 5.5 | 3.2% |
| Germany | 0.9 | 1.1 | 1.5 | 1.8 | 26.0% |
| France | 1.0 | 0.7 | 1.4 | 1.7 | 19.3% |
| United States | 1.2 | 1.8 | 1.7 | 1.5 | 7.7% |
| Netherlands | 0.4 | 0.9 | 0.8 | 1.4 | 51.8% |
| Italy | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
| Denmark | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Saudi Arabia | 0.1 | 0.8 | 0.8 | 0.2 | 26.0% |
| Others | 3.4 | 4.1 | 5.7 | 4.2 | 7.3% |
| Total | 12.8 | 13.4 | 18.4 | 17.1 | 10.1% |
Top Export Markets for Speed Changer from Ireland in 2022:
- United Kingdom (387.2 tons)
- France (37.7 tons)
- Denmark (26.1 tons)
- Germany (26.1 tons)
- United States (26.0 tons)
- Saudi Arabia (12.4 tons)
- Italy (10.5 tons)
- Netherlands (10.0 tons)
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