Ireland: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Ireland

The Irish pliers and pincers market surged to $X in 2021, picking up by 40% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant expansion. Pliers and pincers consumption peaked in 2021 and is expected to retain growth in years to come.

Pliers And Pincers Exports

Exports from Ireland

After two years of growth, overseas shipments of pliers, pincers and tweezers for nonmedical use decreased by -1% to X tons in 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2017 when exports increased by 83%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pliers and pincers exports surged to $X in 2021. In general, exports, however, saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), the United States (X tons) and Germany (X tons) were the main destinations of pliers and pincers exports from Ireland.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +57.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Ireland, comprising 69% of total exports. The second position in the ranking was held by the UK ($X), with a 15% share of total exports. It was followed by Germany, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +71.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+34.6% per year) and Germany (-12.2% per year).

Export Prices by Country

The average pliers and pincers export price stood at $X per ton in 2021, picking up by 194% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 the Czech Republic (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Ireland

In 2021, purchases abroad of pliers, pincers and tweezers for nonmedical use increased by 12% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 37% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, pliers and pincers imports skyrocketed to $X in 2021. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pliers and pincers to Ireland, with a 44% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.0% per year) and Taiwan (Chinese) (+19.0% per year).

In value terms, the largest pliers and pincers suppliers to Ireland were China ($X), Germany ($X) and the UK ($X), together comprising 55% of total imports. These countries were followed by Taiwan (Chinese), the United States, the Netherlands and India, which together accounted for a further 28%.

The Netherlands, with a CAGR of +55.7%, saw the highest rates of growth with regard to the value of imports, among 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 pliers and pincers import price stood at $X per ton in 2021, growing by 30% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pliers and pincers import price increased by +74.4% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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