Ireland: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Ireland

In 2021, the Irish machine-tool for removing material market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption posted a buoyant expansion. Machine-tool for removing material consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Ireland

In 2021, approx. X units of machine-tools for working any material by removal of material were exported from Ireland; rising by X% compared with the year before. In general, exports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, machine-tool for removing material exports skyrocketed to $X in 2021. Overall, exports, however, recorded a slight contraction. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units), Costa Rica (X units) and Switzerland (X units) were the main destinations of machine-tool for removing material exports from Ireland, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Costa Rica (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) emerged as the key foreign market for machine-tool for removing material exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+X% per year) and Spain (X% per year).

Export Prices by Country

The average machine-tool for removing material export price stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Switzerland ($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 Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Ireland

For the fifth consecutive year, Ireland recorded growth in overseas purchases of machine-tools for working any material by removal of material, which increased by X% to X units in 2021. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, machine-tool for removing material imports surged to $X in 2021. Over the period under review, imports showed a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest machine-tool for removing material supplier to Ireland, accounting for a X% share of total imports. Moreover, machine-tool for removing material imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (+X% per year).

In value terms, the largest machine-tool for removing material suppliers to Ireland were China ($X), Japan ($X) and the Netherlands ($X), together comprising X% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +X%, saw the highest rates of growth with regard to 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

In 2021, the average machine-tool for removing material import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform