Ireland: Container Market 2024

Container Market Size in Ireland

The Irish container market declined to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, showed prominent growth. Container consumption peaked at $X in 2021, and then reduced in the following year.

Container Production in Ireland

In value terms, container production stood at less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern.

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Container Exports

Exports from Ireland

In 2022, exports of tanks, casks, drums, cans, boxes and similar containers from Ireland surged to X units, growing by X% compared with the year before. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, container exports amounted to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for container exports from Ireland, accounting for a X% share of total exports. Moreover, container exports to the UK exceeded the volume sent to the second major destination, Sweden (X units), eightfold. Germany (X units) ranked third in terms of total exports 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: Sweden (X% per year) and Germany (X% per year).

In value terms, the UK ($X) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Ireland, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the average container export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average 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 ($X per unit), while the average price for exports to Sweden ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Container Imports

Imports into Ireland

Container imports into Ireland shrank to X units in 2022, dropping by X% against the previous year's figure. Overall, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, container imports totaled $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of container to Ireland, with a X% share of total imports. Moreover, container imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, the UK ($X) constituted the largest supplier of tanks, casks, drums, cans, boxes and similar containers to Ireland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average container import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Poland (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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