Ireland: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Ireland

In 2023, the Irish rubber tube and pipe market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, saw a noticeable expansion. Over the period under review, the market hit record highs at $X in 2022, and then fell sharply in the following year.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Ireland

Rubber tube and pipe exports from Ireland contracted to X tons in 2023, declining by X% compared with 2022 figures. Over the period under review, exports, however, continue to indicate a buoyant increase. 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 hit record highs at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, rubber tube and pipe exports shrank to $X in 2023. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2022, and then shrank modestly in the following year.

Exports by Country

The UK (X tons) was the main destination for rubber tube and pipe exports from Ireland, accounting for a X% share of total exports. Moreover, rubber tube and pipe exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The United States (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

In value terms, the UK ($X) remains the key foreign market for tubes, pipes and hoses of vulcanized rubber exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2023, 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 Arab Emirates (X% per year) and the United States (X% per year).

Export Prices by Country

The average rubber tube and pipe export price stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the 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 UK ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 a decline.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Ireland

In 2023, supplies from abroad of tubes, pipes and hoses of vulcanized rubber decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, total imports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, rubber tube and pipe imports reduced to $X in 2023. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then contracted slightly in the following year.

Imports by Country

The UK (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of rubber tube and pipe imports to Ireland, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rubber tube and pipe suppliers to Ireland were the UK ($X), the United States ($X) and Italy ($X), together accounting for X% of total imports. Poland, Germany, Turkey, China, Belgium, Portugal and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rubber tube and pipe import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform