Ireland: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Ireland

The Irish lathe for removing metal market declined rapidly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Exports of Lathes For Removing Metal

Exports from Ireland

In 2022, the amount of lathes for removing metal exported from Ireland soared to X units, increasing by X% on the previous year. In general, exports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the lafor removing metal exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, lathe for removing metal exports soared to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for lathe for removing metal exports from Ireland, with a X% share of total exports. Moreover, lathe for removing metal exports to Turkey exceeded the volume sent to the second major destination, Mexico (X units), threefold. The UK (X units) 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 Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

In value terms, the UK ($X), Turkey ($X) and Mexico ($X) were the largest markets for lathe for removing metal exported from Ireland worldwide, together accounting for X% of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lathe for removing metal export price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 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 Russia ($X per unit), while the average price for exports to Turkey ($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 Australia (X.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lathes For Removing Metal

Imports into Ireland

In 2022, supplies from abroad of lathes for removing metal increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lathe for removing metal imports dropped to $X in 2022. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units), Japan (X units) and South Korea (X units) were the main suppliers of lathe for removing metal imports to Ireland, with a combined X% share of total imports. Taiwan (Chinese), China, the United States, Thailand and France lagged somewhat behind, together comprising a further X%.

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

In value terms, Japan ($X), the UK ($X) and South Korea ($X) appeared to be the largest lathe for removing metal suppliers to Ireland, together accounting for X% of total imports. The United States, Taiwan (Chinese), Thailand, China and France lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw 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 lathe for removing metal import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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