Ireland: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Ireland

The Irish wood slicing machine market soared to $X in 2021, surging by 21% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Wood Slicing Machine Production in Ireland

In value terms, wood slicing machine production soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt downturn. Wood slicing machine production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Wood Slicing Machine Exports

Exports from Ireland

In 2021, approx. X units of splitting, slicing or paring machines were exported from Ireland; reducing by -51.6% compared with the previous year's figure. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 311%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood slicing machine exports contracted significantly to $X in 2021. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 192% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for wood slicing machine exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +2.0%.

In value terms, the UK ($X) emerged as the key foreign market for wood slicing machine exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

The average wood slicing machine export price stood at $X per unit in 2021, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a slight slump. The growth pace was the most rapid in 2019 when the average export price increased by 24% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -3.0% per year.

Wood Slicing Machine Imports

Imports into Ireland

In 2021, the amount of splitting, slicing or paring machines imported into Ireland soared to X units, jumping by 16% on 2020 figures. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, wood slicing machine imports reduced sharply to $X in 2021. Over the period under review, imports recorded a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by 56%. Over the period under review, imports attained the maximum at $X in 2020, and then declined rapidly in the following year.

Imports by Country

In 2021, China (X units) was the main wood slicing machine supplier to Ireland, with a 91% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.7% per year) and the UK (+31.8% per year).

In value terms, China ($X) constituted the largest supplier of wood slicing machine to Ireland, comprising 81% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.1% per year) and the UK (+19.6% per year).

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, which is down by -28.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 64%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China ($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 (+5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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