Ireland: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2019

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Ireland

The revenue of the market for tyres for agriculture, forestry, construction, industry and other off the road vehicles in Ireland amounted to $X in 2018, approximately reflecting 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 of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continues to indicate a measured curtailment. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Ireland

In 2018, the amount of tyres for agriculture, forestry, construction, industry and other off the road vehicles exported from Ireland amounted to X units, surging by X% against the previous year. In general, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. In that year, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles attained their peak of X units. From 2016 to 2018, the growth of exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles remained at a lower figure.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2018. Overall, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

South Africa (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Ireland, with a X% share of total exports. Moreover, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to South Africa exceeded the volume sent to the second major destination, the UK (X units), sixfold. Saudi Arabia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Saudi Arabia (+X% per year).

In value terms, the UK ($X), Sudan ($X) and Saudi Arabia ($X) constituted the largest markets for agricultural and construction machinery tire exported from Ireland worldwide, with a combined X% share of total exports.

Sudan experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a deep slump. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. In that year, the average export prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their peak level of $X per unit. From 2013 to 2018, the growth in terms of the average export prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Ireland

In 2018, approx. X units of tyres for agriculture, forestry, construction, industry and other off the road vehicles were imported into Ireland; remaining relatively unchanged against the previous year. In general, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their peak figure at X units in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2018. In general, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continue to indicate a significant downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, India (X units) constituted the largest supplier of agricultural and construction machinery tire to Ireland, with a X% share of total imports. Moreover, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from India exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold. The U.S. (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and the U.S. (-X% per year).

In value terms, India ($X) constituted the largest supplier of agricultural and construction machinery tire to Ireland, comprising X% of total imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, leveling off at the previous year. In general, the import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. In that year, the average import prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles attained their peak level of $X per unit. From 2014 to 2018, the growth in terms of the average import prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Spain ($X per unit), while the price for the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform