Ireland: Water Filter Market 2024

Water Filter Market Size in Ireland

After ten years of growth, the Irish water filter market decreased by X% to $X in 2022. Overall, consumption continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X, and then dropped rapidly in the following year.

Water Filter Production in Ireland

In value terms, water filter production rose remarkably to $X in 2022 estimated in export price. In general, production showed a mild setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Water Filter Exports

Exports from Ireland

In 2022, approx. X units of machinery for filtering or purifying water were exported from Ireland; jumping by X% on 2021 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, water filter exports declined markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for water filter exports from Ireland, with a X% share of total exports. Moreover, water filter exports to the UK exceeded the volume sent to the second major destination, the United States (X units), fivefold.

From 2020 to 2022, the average annual growth rate of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Malawi (X% per year).

In value terms, the UK ($X) remains the key foreign market for machinery for filtering or purifying water exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Malawi (X% per year).

Export Prices by Country

In 2022, the average water filter export price amounted to $X per unit, declining by X% against the previous year. In general, the export price faced a sharp downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Malawi ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%).

Water Filter Imports

Imports into Ireland

For the eleventh year in a row, Ireland recorded growth in overseas purchases of machinery for filtering or purifying water, which increased by X% to X units in 2022. Overall, imports posted a significant 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, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, water filter imports fell to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of water filter to Ireland, with a X% share of total imports. Moreover, water filter imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), fivefold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

In value terms, the largest water filter suppliers to Ireland were the United States ($X), Germany ($X) and the UK ($X), with a combined X% share of total imports. France, China and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, 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

The average water filter import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price faced a dramatic slump. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :