Ireland: Diode Market 2025

Diode Market Size in Ireland

In 2021, the Irish diode market increased by 72% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Diode Production in Ireland

In value terms, diode production shrank sharply to $X in 2021 estimated in export price. Overall, production showed a sharp slump. The most prominent rate of growth was recorded in 2016 when the production volume decreased by -24.4% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Diode Exports

Exports from Ireland

In 2021, shipments abroad of diodes, other than photosensitive or light emitting diodes decreased by -59.9% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 267% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, diode exports plummeted to $X in 2021. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 38% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Hong Kong SAR (X units) and Japan (X units) were the main destinations of diode exports from Ireland, together accounting for 77% of total exports. China, Malaysia, North Macedonia, Canada and the UK lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were recorded for North Macedonia (with a CAGR of +215.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for diodes, other than photosensitive or light emitting diodes exports from Ireland, comprising 62% of total exports. The second position in the ranking was held by Japan ($X), with a 16% share of total exports. It was followed by Hong Kong SAR, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+33.4% per year) and Hong Kong SAR (+3.7% per year).

Export Prices by Country

The average diode export price stood at $X per unit in 2021, approximately mirroring the previous year. In general, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 191% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, 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 United States ($X per unit), while the average price for exports to Canada ($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 the UK (+18.8%), while the prices for the other major destinations experienced mixed trend patterns.

Diode Imports

Imports into Ireland

Diode imports into Ireland skyrocketed to X units in 2021, jumping by 59% compared with the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, diode imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of diode to Ireland, accounting for a 51% share of total imports. Moreover, diode imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. The Philippines (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic stood at +973.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.4% per year) and the Philippines (+81.2% per year).

In value terms, the largest diode suppliers to Ireland were the Philippines ($X), the United States ($X) and the Netherlands ($X), with a combined 78% share of total imports. These countries were followed by Germany, the Czech Republic, China, Japan, the UK, Hong Kong SAR and Taiwan (Chinese), which together accounted for a further 17%.

Among the main suppliers, the Czech Republic, with a CAGR of +585.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diode import price stood at $X per unit in 2021, reducing by -28.7% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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