Ireland: Market for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels 2024

Market Size for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Ireland

The Irish market for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a significant expansion. Grease fittings and oil seals consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Ireland

In value terms, grease fittings and oil seals production declined slightly to $X in 2022 estimated in export price. Overall, production saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Exports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Exports from Ireland

In 2022, exports of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels from Ireland surged to X units, with an increase of X% compared with the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, grease fittings and oil seals exports surged to $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for grease fittings and oil seals exports from Ireland, with a X% share of total exports. Moreover, grease fittings and oil seals exports to the UK exceeded the volume sent to the second major destination, Belgium (X units), sixfold. The third position in this ranking was held by Saudi Arabia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Saudi Arabia (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 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: Belgium (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, posted temperate growth. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 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 the United States ($X per unit), while the average price for exports to the UK ($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 Tanzania (X.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Imports into Ireland

In 2022, the amount of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels imported into Ireland skyrocketed to X units, increasing by X% against the year before. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, grease fittings and oil seals imports surged to $X in 2022. Overall, imports saw a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), the UK (X units) and China (X units) were the main suppliers of grease fittings and oil seals imports to Ireland, together comprising X% of total imports. India, the Netherlands, Italy, Belgium, Turkey, the United States, Malaysia and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Germany ($X) constituted the largest grease fittings and oil seals suppliers to Ireland, with a combined X% share of total imports. The Netherlands, Italy, Belgium, India, China, Malaysia, Turkey and Switzerland lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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