Ireland: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Ireland

The Irish motor vehicle engine market reduced to $X in 2021, dropping by -6% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Motor Vehicle Engine Production in Ireland

In value terms, motor vehicle engine production fell modestly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 113% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Motor Vehicle Engine Exports

Exports from Ireland

In 2021, motor vehicle engine exports from Ireland surged to X tons, rising by 517% against 2020 figures. Over the period under review, exports, however, saw a abrupt curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, motor vehicle engine exports surged to $X in 2021. In general, exports, however, recorded a abrupt setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ghana (X tons), Cote d'Ivoire (X tons) and Iraq (X tons) were the main destinations of motor vehicle engine exports from Ireland, with a combined 82% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +732.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor vehicle engine exported from Ireland were South Africa ($X), Ghana ($X) and the UK ($X), together accounting for 71% of total exports. Cote d'Ivoire and Iraq lagged somewhat behind, together comprising a further 21%.

Cote d'Ivoire, with a CAGR of +150.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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 motor vehicle engine export price stood at $X per ton in 2021, which is down by -35.2% against the previous year. Overall, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 156%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Ireland

In 2021, approx. X tons of motor vehicle engines (spark-ignition) were imported into Ireland; rising by 30% on 2020. Over the period under review, imports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of 227% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports soared to $X in 2021. Overall, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 146% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest motor vehicle engine supplier to Ireland, with a 42% share of total imports. Moreover, motor vehicle engine imports from the UK exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), eightfold. The third position in this ranking was taken by Sweden (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at +93.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+732.1% per year) and Sweden (+5.6% per year).

In value terms, the UK ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Ireland, comprising 66% of total imports. The second position in the ranking was taken by Belgium ($X), with a 5.3% share of total imports. It was followed by South Korea, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +82.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+87.0% per year) and South Korea (+84.3% per year).

Import Prices by Country

In 2021, the average motor vehicle engine import price amounted to $X per ton, rising by 7.6% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :