Ireland: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Ireland

After two years of decline, the Irish non-electronic hydro- and hygrometers market increased by 43% to $X in 2021. Over the period under review, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Ireland

In value terms, non-electronic hydro- and hygrometers production expanded slightly to $X in 2021 estimated in export price. In general, production recorded a resilient increase. The growth pace was the most rapid in 2017 with an increase of 56%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Ireland

After two years of growth, shipments abroad of non-electronic hydro-, hygro-, psychrometers decreased by -27.2% to X units in 2021. Over the period under review, exports, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2016 with an increase of 115% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank rapidly in the following year.

In value terms, non-electronic hydro- and hygrometers exports fell significantly to $X in 2021. Overall, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 52% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then declined remarkably in the following year.

Exports by Country

The United States (X units), Japan (X units) and China (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Ireland, together comprising 53% of total exports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +114.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-electronic hydro-, hygro-, psychrometers exports from Ireland, comprising 28% of total exports. The second position in the ranking was taken by China ($X), with a 13% share of total exports. It was followed by the UK, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.7% per year) and the UK (-3.2% per year).

Export Prices by Country

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, surging by 6.2% against the previous year. Overall, the export price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Spain ($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 India (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Ireland

In 2021, the amount of non-electronic hydro-, hygro-, psychrometers imported into Ireland surged to X units, increasing by 28% against the previous year. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 156% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-electronic hydro- and hygrometers imports surged to $X in 2021. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 62%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, France (X units) constituted the largest non-electronic hydro- and hygrometers supplier to Ireland, with a 45% share of total imports. Moreover, non-electronic hydro- and hygrometers imports from France exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +83.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+10.2% per year) and the Netherlands (+73.7% per year).

In value terms, the United States ($X), the UK ($X) and the Netherlands ($X) constituted the largest non-electronic hydro- and hygrometers suppliers to Ireland, together accounting for 56% of total imports.

The Netherlands, with a CAGR of +70.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electronic hydro- and hygrometers import price stood at $X per unit in 2021, with an increase of 8.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2017 an increase of 24% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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