Ireland: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Ireland

The Irish filling containers machinery market soared to $X in 2021, with an increase of 788% against the previous year. Overall, consumption saw a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Filling Containers Machinery Production in Ireland

In value terms, filling containers machinery production soared to $X in 2021 estimated in export price. In general, production recorded a significant expansion. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from Ireland

In 2021, exports of machinery for filling, closing, sealing, capsuling or labelling containers from Ireland shrank sharply to X units, waning by -54.3% against the previous year. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 911% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, filling containers machinery exports dropped to $X in 2021. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 395% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for filling containers machinery exports from Ireland, accounting for a 80% share of total exports. Moreover, filling containers machinery exports to the UK exceeded the volume sent to the second major destination, the United States (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+21.0% per year) and Germany (+8.4% per year).

In value terms, the UK ($X), the United States ($X) and Germany ($X) were the largest markets for filling containers machinery exported from Ireland worldwide, with a combined 91% share of total exports.

The UK, with a CAGR of +30.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, surging by 91% against the previous year. In general, the export price enjoyed a significant increase. The growth pace was the most rapid in 2013 when the average export price increased by 1,310% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($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 Germany (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Ireland

In 2021, overseas purchases of machinery for filling, closing, sealing, capsuling or labelling containers increased by 587% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery imports surged to $X in 2021. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of filling containers machinery to Ireland, with a 55% share of total imports. Moreover, filling containers machinery imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X units), fivefold. France (X units) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +79.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-6.0% per year) and France (+94.0% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for filling, closing, sealing, capsuling or labelling containers to Ireland, comprising 65% of total imports. The second position in the ranking was taken by the UK ($X), with a 5.9% share of total imports. It was followed by Germany, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +81.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-4.9% per year) and Germany (+9.0% per year).

Import Prices by Country

In 2021, the average filling containers machinery import price amounted to $X per unit, waning by -11.8% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 165%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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