Ireland: Concrete Pump Market 2024

Concrete Pump Market Size in Ireland

The Irish concrete pump market skyrocketed to $X in 2021, growing by 2,700% against the previous year. Over the period under review, consumption, however, recorded a abrupt slump. Concrete pump consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Concrete Pump Production in Ireland

In value terms, concrete pump production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Concrete Pump Exports

Exports from Ireland

In 2021, approx. X units of concrete pumps were exported from Ireland; declining by -61.3% against the previous year's figure. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,450% against the previous year. As a result, the exports attained the peak of X units, and then declined remarkably in the following year.

In value terms, concrete pump exports dropped sharply to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 1,251%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for concrete pump exports from Ireland, with a 83% share of total exports. Moreover, concrete pump exports to the UK exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +25.8%.

In value terms, the UK ($X) remains the key foreign market for concrete pumps exports from Ireland, comprising 68% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total exports. It was followed by Egypt, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +44.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+66.2% per year) and Egypt (+20.3% per year).

Export Prices by Country

In 2021, the average concrete pump export price amounted to $X per unit, dropping by -13.3% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 94% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, 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 Egypt ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+58.8%), while the prices for the other major destinations experienced a decline.

Concrete Pump Imports

Imports into Ireland

In 2021, after four years of decline, there was significant growth in purchases abroad of concrete pumps, when their volume increased by 100% to X units. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 208%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of 161% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the UK (X units) constituted the largest concrete pump supplier to Ireland, accounting for a 75% share of total imports. Moreover, concrete pump imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), fourfold.

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

In value terms, the largest concrete pump suppliers to Ireland were the UK ($X), Germany ($X) and France ($X), with a combined 95% share of total imports.

France, with a CAGR of +14.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concrete pump import price increased by +68.7% against 2015 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 15% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+110.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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