Report Update Jan 1, 2025

Ireland - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Road Wheel Market 2025

Road Wheel Market Size in Ireland

In 2022, the Irish road wheel market increased by 16% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +35.6% against 2020 indices. Road wheel consumption peaked in 2022 and is expected to retain growth in the near future.

Road Wheel Exports

Exports from Ireland

In 2022, shipments abroad of road wheels decreased by -38.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 148%. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, road wheel exports dropped to $X in 2022. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 93% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The UK (X tons) was the main destination for road wheel exports from Ireland, with a 92% share of total exports. Moreover, road wheel exports to the UK exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+33.7% per year) and Germany (-22.0% per year).

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+40.9% per year) and Germany (-17.1% per year).

Export Prices by Country

In 2022, the average road wheel export price amounted to $X per ton, with an increase of 50% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Road Wheel Imports

Imports into Ireland

In 2022, road wheel imports into Ireland totaled X tons, standing approx. at 2021. Overall, imports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2016 with an increase of 46%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, road wheel imports totaled $X in 2022. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 27%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of road wheel to Ireland, accounting for a 43% share of total imports. Moreover, road wheel imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.3% per year) and the UK (-2.6% per year).

In value terms, the UK ($X), Turkey ($X) and the Netherlands ($X) appeared to be the largest road wheel suppliers to Ireland, together comprising 59% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +17.1%, recorded the highest growth rate of 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

The average road wheel import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price recorded mild growth. The pace of growth appeared the most rapid in 2014 an increase of 18%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for road wheels in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 53% of global consumption.

What are the largest producers of road wheels in the world?

China constituted the country with the largest volume of road wheel production, accounting for 42% of total volume. Moreover, road wheel production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The United States ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of road wheels to Ireland?

In value terms, the largest road wheel suppliers to Ireland were the UK, Turkey and Belgium, with a combined 51% share of total imports. These countries were followed by the Netherlands, Poland, Luxembourg and Denmark, which together accounted for a further 22%.

What are the leading importers of road wheels from Ireland?

In value terms, the UK remains the key foreign market for road wheel exports from Ireland.

What is the average export price for road wheels in Ireland?

The average road wheel export price stood at $4,015 per ton in 2021, reducing by -23.5% against the previous year.

What is the average import price for road wheels in Ireland?

The average road wheel import price stood at $4,572 per ton in 2021, increasing by 12% against the previous year.

This report provides an in-depth analysis of the road wheel market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29323040 - Road wheels and parts and accessories thereof

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024