Ireland: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Ireland

After ten years of growth, the Irish pneumatic tyre retreading machinery market decreased by -71.1% to $X in 2022. In general, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Ireland

In value terms, pneumatic tyre retreading machinery production amounted to less than $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 95% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports from Ireland

In 2022, overseas shipments of machinery for moulding or retreading pneumatic tyres decreased by 0% to X units, falling for the second year in a row after four years of decline. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2016 when exports increased by 2,400% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery exports amounted to $X in 2022. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2016 when exports increased by 1,889% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Lithuania (X units) was the main destination for pneumatic tyre retreading machinery exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania was relatively modest.

Export Prices by Country

The average pneumatic tyre retreading machinery export price stood at $X per unit in 2022, stabilizing at the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2015 a decrease of -0.5% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Lithuania.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +2.8% per year.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports into Ireland

For the third year in a row, Ireland recorded decline in overseas purchases of machinery for moulding or retreading pneumatic tyres, which decreased by 0% to X units in 2022. Over the period under review, imports recorded a significant contraction. The smallest decline of -70.8% was in 2020. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery imports stood at $X in 2022. Overall, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2017 with an increase of 6,202%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest pneumatic tyre retreading machinery supplier to Ireland, accounting for a 58% share of total imports. Moreover, pneumatic tyre retreading machinery imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. Vanuatu (X units) ranked third in terms of total imports with an 8.3% share.

From 2019 to 2022, the average annual rate of growth in terms of volume from the United States stood at -37.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+44.2% per year) and Vanuatu (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of machinery for moulding or retreading pneumatic tyres to Ireland, comprising 83% of total imports. The second position in the ranking was taken by the UK ($X), with a 16% share of total imports. It was followed by Vanuatu, with a 0.5% share.

From 2019 to 2022, the average annual growth rate of value from the United States totaled -78.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+62.1% per year) and Vanuatu (0.0% per year).

Import Prices by Country

The average pneumatic tyre retreading machinery import price stood at $X per unit in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 5,918% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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 United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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