Ireland: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Ireland

In 2022, the Irish coated arc-welding electrode market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a abrupt slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Coated Arc-Welding Electrode Production in Ireland

In value terms, coated arc-welding electrode production contracted slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Coated Arc-Welding Electrode Exports

Exports from Ireland

In 2022, shipments abroad of coated base metal electrodes for electric arc-welding was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, showed a pronounced reduction. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode exports rose rapidly to $X in 2022. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for coated arc-welding electrode exports from Ireland, accounting for a X% share of total exports. Moreover, coated arc-welding electrode exports to Germany exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) remains the key foreign market for coated base metal electrodes for electric arc-welding exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

The average coated arc-welding electrode export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Coated Arc-Welding Electrode Imports

Imports into Ireland

After two years of growth, purchases abroad of coated base metal electrodes for electric arc-welding decreased by X% to X tons in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, coated arc-welding electrode imports reduced remarkably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Turkey (X tons) and the Czech Republic (X tons) were the main suppliers of coated arc-welding electrode imports to Ireland, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) constituted the largest supplier of coated base metal electrodes for electric arc-welding to Ireland, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

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

Import Prices by Country

The average coated arc-welding electrode import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price 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, coated arc-welding electrode import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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