Ireland: Milking Machine Market Overview 2020

Milking Machine Market Size in Ireland

The revenue of the milking machine market in Ireland amounted to $X in 2018, growing by X% against the previous year. Overall, milking machine consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. In that year, the milking machine market attained its peak level of $X. From 2017 to 2018, the growth of the milking machine market remained at a somewhat lower figure.

Milking Machine Production in Ireland

In value terms, milking machine production totaled $X in 2018 estimated in export prices. Overall, milking machine production continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Milking machine production peaked at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Milking Machine Exports

Exports from Ireland

In 2018, the amount of milking machines exported from Ireland amounted to X units, lowering by -X% against the previous year. Over the period under review, milking machine exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, milking machine exports reached their peak figure at X units in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, milking machine exports amounted to $X in 2018. Over the period under review, the total exports indicated a measured increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, milking machine exports reached their peak figure at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Russia (X units) was the main destination for milking machine exports from Ireland, accounting for a X% share of total exports. Moreover, milking machine exports to Russia exceeded the volume sent to the second major destination, Canada (X units), twofold. The U.S. (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the U.S. (-X% per year).

In value terms, Russia ($X) emerged as the key foreign market for milking machine exports from Ireland, comprising X% of total milking machine exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

The average milking machine export price stood at $X per unit in 2018, surging by X% against the previous year. In general, the milking machine export price continues to indicate extraordinary growth. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. In that year, the average export prices for milking machines attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for milking machines remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Taiwan, Chinese ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Milking Machine Imports

Imports into Ireland

In 2018, the amount of milking machines imported into Ireland amounted to X units, falling by -X% against the previous year. Over the period under review, milking machine imports, however, continue to indicate extraordinary growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. In that year, milking machine imports reached their peak of X units, and then declined slightly in the following year.

In value terms, milking machine imports amounted to $X in 2018. In general, milking machine imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, New Zealand (X units) was the main milking machine supplier to Ireland, accounting for a approx. X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from New Zealand totaled +X%.

In value terms, New Zealand ($X) constituted the largest supplier of milking machine to Ireland.

From 2007 to 2018, the average annual rate of growth in terms of value from New Zealand totaled +X%.

Import Prices by Country

The average milking machine import price stood at $X per unit in 2018, rising by X% against the previous year. In general, the milking machine import price, however, continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. In that year, the average import prices for milking machines reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average import prices for milking machines remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2007 to 2018, the rate of growth in terms of prices for New Zealand amounted to -X% per year.

Source: IndexBox AI Platform