Ireland: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Ireland

The Irish finishing paper machinery market contracted remarkably to $X in 2021, which is down by -99.5% against the previous year. Over the period under review, consumption saw a sharp slump. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Finishing Paper Machinery Production in Ireland

In value terms, finishing paper machinery production contracted to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 14%. Finishing paper machinery production peaked at $X in 2020, and then shrank slightly in the following year.

Finishing Paper Machinery Exports

Exports from Ireland

In 2020, finishing paper machinery exports from Ireland declined rapidly to X units, shrinking by -88.9% on 2019 figures. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 833% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, finishing paper machinery exports fell remarkably to $X in 2020. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2018 with an increase of 174%. As a result, the exports attained the peak of $X. From 2019 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Colombia (X units) was the main destination for finishing paper machinery exports from Ireland, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Colombia amounted to -88.9%.

In value terms, Colombia ($X) remains the key foreign market for machinery for finishing paper or paperboard exports from Ireland, comprising 90% of total exports. The second position in the ranking was held by the UK ($X), with a 10% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of value to Colombia amounted to -81.3%.

Export Prices by Country

In 2020, the average finishing paper machinery export price amounted to $X per unit, with an increase of 84% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2017 an increase of 189%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Colombia amounted to $X per unit.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+86.8%), while the prices for the other major destinations experienced a decline.

Finishing Paper Machinery Imports

Imports into Ireland

Finishing paper machinery imports into Ireland surged to X units in 2020, picking up by 1,124% on 2019 figures. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, finishing paper machinery imports soared to $X in 2020. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Norway (X units) constituted the largest supplier of finishing paper machinery to Ireland, with a 74% share of total imports. Moreover, finishing paper machinery imports from Norway exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2020, the average annual growth rate of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Germany (+17.6% per year).

In value terms, the United States ($X) constituted the largest supplier of machinery for finishing paper or paperboard to Ireland, comprising 77% of total imports. The second position in the ranking was held by Norway ($X), with a 16% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2020, the average annual rate of growth in terms of value from the United States stood at +133.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (0.0% per year) and Germany (+9.8% per year).

Import Prices by Country

The average finishing paper machinery import price stood at $X per unit in 2020, which is down by -23.5% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth was the most pronounced in 2019 an increase of 70%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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