Ireland: Grinding Machine Market 2024

Grinding Machine Market Size in Ireland

After ten years of growth, the Irish grinding machine market decreased by X% to $X in 2022. Over the period under review, consumption showed a strong increase. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Grinding Machine Production in Ireland

In value terms, grinding machine production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Grinding machine production peaked at $X in 2021, and then fell in the following year.

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Grinding Machine Exports

Exports from Ireland

In 2022, approx. X units of machines having individual functions, for mixing, kneading, crushing or grinding were exported from Ireland; picking up by X% compared with the year before. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, grinding machine exports stood at $X in 2022. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X units) was the main destination for grinding machine exports from Ireland, with a X% share of total exports. Moreover, grinding machine exports to the UK exceeded the volume sent to the second major destination, Germany (X units), twofold. Luxembourg (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 the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Luxembourg (X% per year).

In value terms, India ($X), the UK ($X) and Luxembourg ($X) appeared to be the largest markets for grinding machine exported from Ireland worldwide, together comprising X% of total exports.

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

Export Prices by Country

In 2022, the average grinding machine export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 India ($X per unit), while the average price for exports to Germany ($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 India (X%), while the prices for the other major destinations experienced a decline.

Grinding Machine Imports

Imports into Ireland

For the eleventh consecutive year, Ireland recorded growth in purchases abroad of machines having individual functions, for mixing, kneading, crushing or grinding, which increased by X% to X units in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, grinding machine imports surged to $X in 2022. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), France (X units) and the UK (X units) were the main suppliers of grinding machine imports to Ireland, together comprising X% of total imports. Switzerland, Denmark, the United States, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grinding machine suppliers to Ireland were Germany ($X), the United States ($X) and France ($X), together accounting for X% of total imports.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grinding machine import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 a decrease of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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