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Latest Report Update: May 30, 2021

Ireland - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Ireland: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

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

The Irish machine-tool for removing material market expanded rapidly to $X in 2020, surging 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). Over the period under review, consumption, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2020, the growth of the market remained at a lower figure.

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

Exports from Ireland

In 2020, the amount of machine-tools for working any material by removal of material exported from Ireland dropped to X units, falling by -X% against the previous year's figure. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports contracted remarkably to $X in 2020. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for machine-tool for removing material exports from Ireland, accounting for a X% share of total exports. Moreover, machine-tool for removing material exports to Germany exceeded the volume sent to the second major destination, the UK (X units), twofold. Italy (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Italy (+X% per year).

In value terms, Germany ($X) remains the key foreign market for machine-tool for removing material exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2020, the average machine-tool for removing material export price amounted to $X per unit, dropping by -X% against the previous year. In general, the export price showed a noticeable contraction. The growth pace was the most rapid in 2009 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Ireland

For the third year in a row, Ireland recorded decline in purchases abroad of machine-tools for working any material by removal of material, which decreased by -X% to X units in 2020. Over the period under review, imports saw a perceptible contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2020, the growth imports failed to regain the momentum.

In value terms, machine-tool for removing material imports skyrocketed to $X in 2020. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2018 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X units) constituted the largest supplier of machine-tool for removing material to Ireland, with a X% share of total imports. Moreover, machine-tool for removing material imports from the U.S. exceeded the figures recorded by the second-largest supplier, the UK (X units), eightfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (-X% per year).

In value terms, the largest machine-tool for removing material suppliers to Ireland were the UK ($X), the U.S. ($X) and Turkey ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey (+X% per year) recorded 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

In 2020, the average machine-tool for removing material import price amounted to $X per unit, rising by X% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2010; however, from 2011 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?
+
The U.S. (200K units) constituted the country with the largest volume of machine-tool for removing material consumption, comprising approx. 22% of total volume. Moreover, machine-tool for removing material consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (91K units), twofold. The third position in this ranking was occupied by Japan (87K units), with a 9.5% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
+
Germany (1.4M units) constituted the country with the largest volume of machine-tool for removing material production, comprising approx. 57% of total volume. Moreover, machine-tool for removing material production in Germany exceeded the figures recorded by the second-largest producer, China (279K units), fivefold. Singapore (117K units) ranked third in terms of total production with a 4.8% share.
What are the leading suppliers of machine-tools for working any material by removal of material to Ireland?
+
In value terms, the largest machine-tool for removing material suppliers to Ireland were the UK ($2.7M), the U.S. ($2.6M) and Turkey ($1.1M), together comprising 74% of total imports.
What are the leading importers of machine-tools for working any material by removal of material from Ireland?
+
In value terms, Germany ($355K) remains the key foreign market for machine-tool for removing material exports from Ireland, comprising 36% of total exports. The second position in the ranking was occupied by the UK ($155K), with a 16% share of total exports. It was followed by Italy, with a 16% share.
What is the average export price for machine-tools for working any material by removal of material in Ireland?
+
In 2020, the average machine-tool for removing material export price amounted to $8,018 per unit, waning by -33.8% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in Ireland?
+
In 2020, the average machine-tool for removing material import price amounted to $7,027 per unit, jumping by 29% against the previous year.

Product coverage:
• Prodcom 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes

This report provides an in-depth analysis of the market for machine-tool for removing material in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Ireland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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