Ireland: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Ireland

In 2022, the Irish non-electric roasting furnace market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption saw a pronounced slump. Non-electric roasting furnace consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Roasting Furnace Production in Ireland

In value terms, non-electric roasting furnace production contracted dramatically to $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Non-electric roasting furnace production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Non-Electric Roasting Furnace Exports

Exports from Ireland

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were exported from Ireland; picking up by X% against 2021 figures. Overall, exports showed a remarkable increase. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-electric roasting furnace exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Switzerland (X units), the UK (X units) and Singapore (X units) were the main destinations of non-electric roasting furnace exports from Ireland, together accounting for X% of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) emerged as the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Switzerland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Singapore (X% per year).

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, faced a sharp decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Roasting Furnace Imports

Imports into Ireland

In 2022, the amount of non-electric furnaces and ovens for the roasting or melting imported into Ireland soared to X units, increasing by X% compared with the previous year's figure. In general, imports, however, showed a dramatic shrinkage. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, non-electric roasting furnace imports soared to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units), Austria (X units) and Italy (X units) were the main suppliers of non-electric roasting furnace imports to Ireland, together accounting for X% of total imports. India, the Netherlands, the United States, Germany, Turkey and China lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the UK ($X) and Germany ($X) constituted the largest non-electric roasting furnace suppliers to Ireland, with a combined X% share of total imports. Austria, Turkey, the Netherlands, the United States, India and China lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average non-electric roasting furnace import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank remarkably in the following year.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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