Ireland: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Ireland

The Irish numerically controlled drilling machine market was estimated at $X in 2022, remaining stable against 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). Over the period under review, consumption showed a pronounced increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Ireland

In 2022, overseas shipments of numerically controlled drilling machines for working metal decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, numerically controlled drilling machine exports amounted to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for numerically controlled drilling machine exports from Ireland, with a X% share of total exports. Moreover, numerically controlled drilling machine exports to the UK exceeded the volume sent to the second major destination, China (X units), fivefold.

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

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

Export Prices by Country

In 2022, the average numerically controlled drilling machine export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Switzerland ($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 UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Ireland

For the third year in a row, Ireland recorded decline in purchases abroad of numerically controlled drilling machines for working metal, which decreased by X% to X units in 2022. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, numerically controlled drilling machine imports stood at $X in 2022. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units), the United States (X units) and Sweden (X units) were the main suppliers of numerically controlled drilling machine imports to Ireland, with a combined X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of numerically controlled drilling machines for working metal to Ireland, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average numerically controlled drilling machine import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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