Ireland: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Ireland

The Irish market for fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Ireland

In value terms, production of fully or partly automatic electric machines for arc welding of metals reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

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Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Ireland

In 2022, overseas shipments of fully or partly automatic electric machines for arc welding of metals increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals soared to $X in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), the UK (X units) and Mali (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from Ireland, together accounting for X% of total exports. These countries were followed by Malaysia, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for fully or partly automatic electric machines for arc welding of metals exports from Ireland, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

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

Export Prices by Country

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price saw temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mali ($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 United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Ireland

In 2022, supplies from abroad of fully or partly automatic electric machines for arc welding of metals increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals soared to $X in 2022. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), the UK (X units) and Germany (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to Ireland, with a combined X% share of total imports. The Netherlands, Japan, Canada and Poland lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), the UK ($X) and Germany ($X) constituted the largest fully or partly automatic arc welding machine suppliers to Ireland, with a combined X% share of total imports. Japan, the Netherlands, Canada and Poland lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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