Ireland: Magnetic Media Market Overview 2020

Magnetic Media Market Size in Ireland

The revenue of the magnetic media market in Ireland amounted to $X in 2018, approximately equating 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). Overall, the total market indicated a measured expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, magnetic media consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Over the period under review, the magnetic media market reached its peak figure level at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Magnetic Media Exports

Exports from Ireland

In 2018, the exports of magnetic media, not recorded, except cards with a magnetic stripe from Ireland stood at X tonnes, dropping by -X% against the previous year. Overall, magnetic media exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, magnetic media exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, magnetic media exports amounted to $X in 2018. In general, magnetic media exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for magnetic media exports from Ireland, with a X% share of total exports. Moreover, magnetic media exports to the UK exceeded the volume sent to the second major destination, Albania (X kg), threefold. Slovakia (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (-X% per year) and Slovakia (-X% per year).

In value terms, the largest markets for magnetic media exported from Ireland were the UK ($X), Albania ($X) and Slovakia ($X), together comprising X% of total exports.

In terms of the main countries of destination, Albania experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

The average magnetic media export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the magnetic media export price, however, continues to indicate a measured decline. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for magnetic media, not recorded, except cards with a magnetic stripe attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced mixed trend patterns.

Magnetic Media Imports

Imports into Ireland

Magnetic media imports into Ireland totaled X tonnes in 2018, waning by -X% against the previous year. In general, magnetic media imports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. In that year, magnetic media imports reached their peak of X tonnes. From 2010 to 2018, the growth of magnetic media imports failed to regain its momentum.

In value terms, magnetic media imports totaled $X in 2018. Over the period under review, magnetic media imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. In that year, magnetic media imports attained their peak of $X. From 2009 to 2018, the growth of magnetic media imports remained at a somewhat lower figure.

Imports by Country

In 2018, Bulgaria (X tonnes) constituted the largest magnetic media supplier to Ireland, with a X% share of total imports. Moreover, magnetic media imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Portugal (X tonnes), fourfold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Bulgaria amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and Malaysia (+X% per year).

In value terms, the largest magnetic media suppliers to Ireland were Malaysia ($X), the UK ($X) and the U.S. ($X), with a combined X% share of total imports.

In terms of the main suppliers, Malaysia (+X% per year) experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average magnetic media import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the magnetic media import price continues to indicate a resilient increase. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The import price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform