Report Update Nov 1, 2024

Ireland - Safety Fuses, Detonating Fuses and Electric Detonators - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Ireland

The Irish fuse and detonator market soared to $X in 2021, picking up by 78% 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 saw prominent growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Fuse And Detonator Exports

Exports from Ireland

For the fourth consecutive year, Ireland recorded decline in shipments abroad of safety fuses, detonating fuses and electric detonators, which decreased by 0% to X kg in 2021. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2015 with an increase of 692% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, fuse and detonator exports stood at $X in 2021. Over the period under review, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2015 when exports increased by 363% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for fuse and detonator exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at -27.2%.

From 2012 to 2021, the average annual growth rate of value to the UK totaled -21.1%.

Export Prices by Country

The average fuse and detonator export price stood at $X per ton in 2021, remaining stable against the previous year. In general, the export price showed resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 174%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +8.4% per year.

Fuse And Detonator Imports

Imports into Ireland

Fuse and detonator imports into Ireland soared to X tons in 2021, jumping by 70% compared with 2020 figures. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by 204% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, fuse and detonator imports soared to $X in 2021. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Bulgaria (X tons) and Germany (X tons) were the main suppliers of fuse and detonator imports to Ireland, with a combined 99.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +47.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Ireland, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+37.7% per year) and Bulgaria (0.0% per year).

Import Prices by Country

The average fuse and detonator import price stood at $X per ton in 2021, rising by 13% against the previous year. In general, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 63% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety fuses, detonating fuses and electric detonators in the world?

China constituted the country with the largest volume of fuse and detonator consumption, comprising approx. 23% of total volume. Moreover, fuse and detonator consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of safety fuses, detonating fuses and electric detonators in the world?

China constituted the country with the largest volume of fuse and detonator production, accounting for 24% of total volume. Moreover, fuse and detonator production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the leading suppliers of safety fuses, detonating fuses and electric detonators to Ireland?

In value terms, the UK constituted the largest supplier of fuse and detonator to Ireland.

What are the leading importers of safety fuses, detonating fuses and electric detonators from Ireland?

In value terms, the UK remains the key foreign market for fuse and detonator exports from Ireland.

What is the average export price for safety fuses, detonating fuses and electric detonators in Ireland?

The average fuse and detonator export price stood at $19,421 per ton in 2019, remaining relatively unchanged against the previous year.

What is the average import price for safety fuses, detonating fuses and electric detonators in Ireland?

The average fuse and detonator import price stood at $8,187 per ton in 2020, dropping by -4.4% against the previous year.

This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023