Ireland: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Ireland

In 2021, the Irish non-numerically controlled drilling machine market increased by 28% to $X, rising for the third consecutive year after two years of decline. Overall, consumption showed resilient growth. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Ireland

In value terms, non-numerically controlled drilling machine production contracted dramatically to $X in 2021 estimated in export price. In general, production saw a mild downturn. The growth pace was the most rapid in 2020 with an increase of 7,621% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Ireland

Non-numerically controlled drilling machine exports from Ireland surged to X tons in 2021, jumping by 75% on 2020 figures. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,120%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, non-numerically controlled drilling machine exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 812% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for non-numerically controlled drilling machine exports from Ireland, with a 94% share of total exports. Moreover, non-numerically controlled drilling machine exports to the UK exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +17.7%.

In value terms, the UK ($X) remains the key foreign market for non-numerically controlled drilling machines for working metal exports from Ireland, comprising 64% of total exports. The second position in the ranking was taken by the United States ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +29.4%.

Export Prices by Country

In 2021, the average non-numerically controlled drilling machine export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 78%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Ireland

Non-numerically controlled drilling machine imports into Ireland surged to X tons in 2021, with an increase of 199% on the previous year's figure. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine imports skyrocketed to $X in 2021. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 291% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-numerically controlled drilling machine supplier to Ireland, with a 58% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+18.7% per year) and Taiwan (Chinese) (+79.9% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Ireland, comprising 53% of total imports. The second position in the ranking was taken by the UK ($X), with a 21% share of total imports. It was followed by France, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.2% per year) and France (+17,036.3% per year).

Import Prices by Country

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, reducing by -41.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 262% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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