Report Update Nov 1, 2024

Ireland - Iron or Steel Plaited Bands and Slings - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ireland: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in Ireland

In 2022, the Irish steel plaited band market decreased by -67.8% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption showed a abrupt setback. Steel plaited band consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Steel Plaited Band Exports

Exports from Ireland

After two years of decline, shipments abroad of iron or steel plaited bands and slings increased by 12,689% to X tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, steel plaited band exports soared to $X in 2022. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for steel plaited band exports from Ireland, accounting for a 100% share of total exports. It was followed by the United States (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +53.2%.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +55.6%.

Export Prices by Country

The average steel plaited band export price stood at $X per ton in 2022, shrinking by -90.7% against the previous year. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 227%. The export price peaked at $X per ton in 2021, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Plaited Band Imports

Imports into Ireland

For the third consecutive year, Ireland recorded decline in overseas purchases of iron or steel plaited bands and slings, which decreased by 0% to X tons in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by 261%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, steel plaited band imports stood at $X in 2022. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 163%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest steel plaited band supplier to Ireland, accounting for a 71% share of total imports. Moreover, steel plaited band imports from Spain exceeded the figures recorded by the second-largest supplier, the UK (X tons), sixfold. China (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +48.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.6% per year) and China (+5.8% per year).

In value terms, Spain ($X) constituted the largest supplier of iron or steel plaited bands and slings to Ireland, comprising 47% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by China, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +46.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+6.2% per year) and China (+18.2% per year).

Import Prices by Country

In 2022, the average steel plaited band import price amounted to $X per ton, flattening at the previous year. In general, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel plaited bands and slings in the world?

The countries with the highest volumes of in 2021 were China, India and Poland, with a combined 42% share of global consumption.

What are the largest producers of iron or steel plaited bands and slings in the world?

The country with the largest volume of steel plaited band production was China, accounting for 29% of total volume. Moreover, steel plaited band production in China exceeded the figures recorded by the second-largest producer, Poland, threefold. India ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of iron or steel plaited bands and slings to Ireland?

In value terms, Spain constituted the largest supplier of steel plaited band to Ireland, comprising 57% of total imports. The second position in the ranking was occupied by the UK, with a 14% share of total imports. It was followed by China, with a 12% share.

What are the leading importers of iron or steel plaited bands and slings from Ireland?

In value terms, the UK emerged as the key foreign market for steel plaited band exports from Ireland, comprising 68% of total exports. The second position in the ranking was occupied by Israel, with a 15% share of total exports.

What is the average export price for iron or steel plaited bands and slings in Ireland?

In 2021, the average steel plaited band export price amounted to $5,182 per ton, declining by -57.8% against the previous year.

What is the average import price for iron or steel plaited bands and slings in Ireland?

In 2021, the average steel plaited band import price amounted to $2,004 per ton, increasing by 5.4% against the previous year.

This report provides an in-depth analysis of the steel plaited band market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023