Ireland: Inductor Market 2024

Inductor Market Size in Ireland

The Irish inductor market skyrocketed to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption posted a significant expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Inductor Production in Ireland

In value terms, inductor production soared to $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Inductor Exports

Exports from Ireland

In 2022, shipments abroad of inductors increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, inductor exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% 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 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for inductor exports from Ireland, with a X% share of total exports. It was followed by China (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, Germany ($X) remains the key foreign market for inductors exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%.

Export Prices by Country

The average inductor export price stood at $X per unit in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 Germany ($X per unit), while the average price for exports to China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gibraltar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Inductor Imports

Imports into Ireland

In 2022, overseas purchases of inductors were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, inductor imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest inductor supplier to Ireland, accounting for a X% share of total imports. Moreover, inductor imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of inductors to Ireland, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2022, the average inductor import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a pronounced descent. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices attained 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 the Netherlands ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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