Ireland: Plastic Headgear Market 2024

Plastic Headgear Market Size in Ireland

In 2022, the Irish plastic headgear market decreased by -36.5% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, showed a significant increase. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Plastic Headgear Production in Ireland

In value terms, plastic headgear production reduced remarkably to $X in 2022 estimated in export price. In general, production, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 430%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Plastic Headgear Exports

Exports from Ireland

In 2022, shipments abroad of headgear of rubber or plastic decreased by -71.9% to X units, falling for the sixth consecutive year after five years of growth. In general, exports recorded a pronounced reduction. The pace of growth was the most pronounced in 2014 with an increase of 1,196% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, plastic headgear exports contracted sharply to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,063%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for plastic headgear exports from Ireland, accounting for a 50% share of total exports. Moreover, plastic headgear exports to the UK exceeded the volume sent to the second major destination, Iceland (X units), threefold. France (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (0.0% per year) and France (+15.2% per year).

It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (0.0% per year) and France (+17.9% per year).

Export Prices by Country

In 2022, the average plastic headgear export price amounted to $X per unit, picking up by 195% against the previous year. In general, the export price recorded significant growth. The pace of growth appeared the most rapid in 2020 an increase of 198%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Headgear Imports

Imports into Ireland

In 2022, the amount of headgear of rubber or plastic imported into Ireland fell remarkably to X units, waning by -20.3% on the previous year's figure. In general, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 98%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, plastic headgear imports fell notably to $X in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest plastic headgear supplier to Ireland, accounting for a 80% share of total imports. Moreover, plastic headgear imports from China exceeded the figures recorded by the second-largest supplier, Cambodia (X units), more than tenfold. The third position in this ranking was taken by the UK (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+438.9% per year) and the UK (-12.0% per year).

In value terms, China ($X) constituted the largest supplier of headgear of rubber or plastic to Ireland, comprising 59% of total imports. The second position in the ranking was held by the UK ($X), with a 13% share of total imports. It was followed by Cambodia, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.2% per year) and Cambodia (+292.5% per year).

Import Prices by Country

In 2022, the average plastic headgear import price amounted to $X per unit, declining by -8.1% against the previous year. In general, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2017 when the average import price increased by 58% against the previous year. The import price peaked at $X per unit in 2021, and then shrank in the following year.

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 ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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