Ireland: Fixed Carbon Resistor Market 2022

Fixed Carbon Resistor Market Size in Ireland

In 2021, the Irish fixed carbon resistor market increased by 31% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption, however, saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Fixed Carbon Resistor Production in Ireland

In value terms, fixed carbon resistor production expanded to $X in 2021 estimated in export price. Overall, production, however, faced a deep reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 20%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Fixed Carbon Resistor Exports

Exports from Ireland

In 2021, fixed carbon resistor exports from Ireland fell dramatically to X units, waning by -28.9% against 2020 figures. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 when exports increased by 18%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, fixed carbon resistor exports reduced to $X in 2021. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 11% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and China (X units) were the main destinations of fixed carbon resistor exports from Ireland, together comprising 62% of total exports. These countries were followed by the Netherlands, Singapore, Finland, Hong Kong SAR, the UK, France, Hungary, Sweden, Belgium and Italy, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +65.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for fixed carbon resistor exports from Ireland, comprising 42% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total exports. It was followed by Singapore, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.3% per year) and Singapore (+7.0% per year).

Export Prices by Country

The average fixed carbon resistor export price stood at $X per unit in 2021, increasing by 23% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fixed Carbon Resistor Imports

Imports into Ireland

In 2021, the amount of fixed carbon resistors, composition or film types and electrical variable resistors imported into Ireland skyrocketed to X units, growing by 52% on the previous year's figure. Overall, imports recorded a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 73% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, fixed carbon resistor imports surged to $X in 2021. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 129% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Japan (X units), China (X units) and Germany (X units) were the main suppliers of fixed carbon resistor imports to Ireland, together accounting for 76% of total imports. These countries were followed by the UK, Thailand, Malaysia and Taiwan (Chinese), which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +84.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of fixed carbon resistor to Ireland, comprising 49% of total imports. The second position in the ranking was held by China ($X), with a 24% share of total imports. It was followed by Germany, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.4% per year) and Germany (+2.6% per year).

Import Prices by Country

The average fixed carbon resistor import price stood at $X per unit in 2021, reducing by -6.2% against the previous year. In general, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 113%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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