Ireland: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Ireland

The Irish refrigerated show-cases market skyrocketed to $X in 2022, picking up by 246% against the previous year. Over the period under review, consumption enjoyed prominent growth. Refrigerated show-cases consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Refrigerated Show-Cases Production in Ireland

In value terms, refrigerated show-cases production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Refrigerated Show-Cases Exports

Exports from Ireland

In 2022, shipments abroad of refrigerated show-caseses decreased by 0% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of 50%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, refrigerated show-cases exports totaled $X in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 32%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for refrigerated show-cases exports from Ireland, with a 89% share of total exports. Moreover, refrigerated show-cases exports to the UK exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was held by Canada (X units), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+35.4% per year) and Canada (+14.2% per year).

It was followed by Canada, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+51.0% per year) and Canada (+36.7% per year).

Export Prices by Country

In 2022, the average refrigerated show-cases export price amounted to $X per unit, approximately reflecting the previous year. In general, the export price showed a pronounced contraction. The growth pace was the most rapid in 2018 when the average export price increased by 35%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Refrigerated Show-Cases Imports

Imports into Ireland

In 2022, the amount of refrigerated show-caseses imported into Ireland was estimated at X units, standing approx. at the previous year. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 31%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, refrigerated show-cases imports amounted to $X in 2022. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Serbia (X units) constituted the largest supplier of refrigerated show-cases to Ireland, with a 49% share of total imports. Moreover, refrigerated show-cases imports from Serbia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the UK (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+51.6% per year) and the UK (+17.7% per year).

In value terms, Turkey ($X), the UK ($X) and Poland ($X) were the largest refrigerated show-cases suppliers to Ireland, with a combined 62% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +48.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average refrigerated show-cases import price amounted to $X per unit, approximately equating the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 6% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform