Ireland: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Ireland

The Irish continuous-action elevators and conveyors market shrank remarkably to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Continuous-Action Elevators And Conveyors in Ireland

In value terms, continuous-action elevators and conveyors production fell notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports from Ireland

In 2022, exports of continuous-action elevators and conveyors from Ireland expanded significantly to X units, picking up by X% compared with 2021. In general, exports showed a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors exports soared to $X in 2022. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The UK (X units) was the main destination for continuous-action elevators and conveyors exports from Ireland, with a X% share of total exports. Moreover, continuous-action elevators and conveyors exports to the UK exceeded the volume sent to the second major destination, Hungary (X units), sixfold. The third position in this ranking was held by Slovakia (X units), with a X% share.

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

In value terms, the UK ($X) remains the key foreign market for continuous-action elevators and conveyors exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Oman ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Ireland

In 2022, continuous-action elevators and conveyors imports into Ireland skyrocketed to X units, growing by X% on 2021 figures. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors imports soared to $X in 2022. In general, imports posted a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of continuous-action elevators and conveyors imports to Ireland, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest continuous-action elevators and conveyors suppliers to Ireland were the UK ($X), Italy ($X) and Finland ($X), with a combined X% share of total imports. The Netherlands, Denmark, India and Turkey lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average continuous-action elevators and conveyors import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 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 the UK ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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