Ireland: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Ireland

The Irish injection-moulding machine market stood at $X in 2022, approximately reflecting the previous year. Overall, consumption saw prominent growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Injection-Moulding Machine Production in Ireland

In value terms, injection-moulding machine production reached $X in 2022 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 193%. Injection-moulding machine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Injection-Moulding Machine Exports

Exports from Ireland

In 2022, shipments abroad of injection-moulding machines for working rubber or plastics decreased by 0% to X units, falling for the second year in a row after two years of growth. Overall, exports showed a perceptible increase. The growth pace was the most rapid in 2019 when exports increased by 883%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, injection-moulding machine exports totaled $X in 2022. In general, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2019 when exports increased by 1,621% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) and the United States (X units) were the main destinations of injection-moulding machine exports from Ireland.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +70.0%).

In value terms, the United States ($X) and the UK ($X) were the largest markets for injection-moulding machine exported from Ireland worldwide.

Among the main countries of destination, the UK, with a CAGR of +82.1%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average injection-moulding machine export price amounted to $X per unit, remaining constant against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 75% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+309.5%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports into Ireland

In 2022, supplies from abroad of injection-moulding machines for working rubber or plastics decreased by 0% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 105%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, injection-moulding machine imports totaled $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 134% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest injection-moulding machine supplier to Ireland, with a 67% share of total imports. Moreover, injection-moulding machine imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Japan (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.8% per year) and Japan (+3.8% per year).

In value terms, the largest injection-moulding machine suppliers to Ireland were Japan ($X), the UK ($X) and China ($X), together comprising 92% of total imports.

In terms of the main suppliers, China, with a CAGR of +39.0%, saw the highest growth rate of 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

In 2022, the average injection-moulding machine import price amounted to $X per unit, standing approx. at the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, 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 Japan ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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