Ireland: Market for Base Metal Flexible Tubing, Iron Or Steel 2024

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Ireland

In 2022, the Irish base metal flexible tubing market increased by X% to $X, rising for the sixth consecutive year after three years of decline. In general, consumption continues to indicate a significant increase. Base metal flexible tubing consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Ireland

In 2022, approx. X tons of base metal flexible tubing, iron or steel were exported from Ireland; dropping by X% compared with the previous year's figure. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, base metal flexible tubing exports dropped sharply to $X in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for base metal flexible tubing exports from Ireland, accounting for a X% share of total exports. Moreover, base metal flexible tubing exports to the UK exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold. The Netherlands (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for base metal flexible tubing, iron or steel exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

Export Prices by Country

The average base metal flexible tubing export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to France ($X 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 China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Ireland

Base metal flexible tubing imports into Ireland skyrocketed to X tons in 2022, with an increase of X% on the previous year's figure. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, base metal flexible tubing imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Israel (X tons) constituted the largest base metal flexible tubing supplier to Ireland, with a X% share of total imports. Moreover, base metal flexible tubing imports from Israel exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Israel totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of base metal flexible tubing, iron or steel to Ireland, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average base metal flexible tubing import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :