Ireland: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Ireland

The Irish stone sawing machine market skyrocketed to $X in 2021, with an increase of 107% 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). In general, consumption continues to indicate significant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Stone Sawing Machine Exports

Exports from Ireland

Stone sawing machine exports from Ireland skyrocketed to X units in 2021, rising by 36% on the previous year. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 485%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, stone sawing machine exports soared to $X in 2021. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 531%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X units) was the main destination for stone sawing machine exports from Ireland, accounting for a 95% share of total exports. Moreover, stone sawing machine exports to the UK exceeded the volume sent to the second major destination, Switzerland (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +28.9%.

In value terms, the UK ($X) emerged as the key foreign market for sawing machines for working stone, ceramics and concrete exports from Ireland, comprising 99% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+1,240.7% per year) and Canada (-99.3% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, jumping by 35% against the previous year. Overall, the export price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 an increase of 56%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+132.3%), while the prices for the other major destinations experienced mixed trend patterns.

Stone Sawing Machine Imports

Imports into Ireland

Stone sawing machine imports into Ireland soared to X units in 2021, picking up by 92% on the previous year. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of 208%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, stone sawing machine imports soared to $X in 2021. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 407% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

China (X units), the UK (X units) and Germany (X units) were the main suppliers of stone sawing machine imports to Ireland, together accounting for 78% of total imports. Spain, Italy, Sweden, the United States and Belgium lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +173.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stone sawing machine suppliers to Ireland were the UK ($X), China ($X) and Sweden ($X), together accounting for 62% of total imports.

Sweden, with a CAGR of +79.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, surging by 9.3% against the previous year. In general, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 92% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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