Ireland: Safety Seat Belt Market 2025

Safety Seat Belt Market Size in Ireland

The Irish safety seat belt market shrank notably to $X in 2022, declining by -20.5% 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). Over the period under review, consumption, however, posted a moderate increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Safety Seat Belt Exports

Exports from Ireland

In 2022, exports of safety seat belts from Ireland declined dramatically to X units, with a decrease of -38.1% on the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 2,629%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, safety seat belt exports fell rapidly to $X in 2022. In general, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,832%. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

Sudan (X units) was the main destination for safety seat belt exports from Ireland, accounting for a 81% share of total exports. Moreover, safety seat belt exports to Sudan exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+118.6% per year) and the United States (+68.4% per year).

It was followed by Sudan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at +87.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+67.2% per year) and Sudan (0.0% per year).

Export Prices by Country

In 2022, the average safety seat belt export price amounted to $X per unit, which is down by -33.5% against the previous year. In general, the export price, however, continues to indicate perceptible growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 2,702% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Sudan ($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 China (+47.3%), while the prices for the other major destinations experienced a decline.

Safety Seat Belt Imports

Imports into Ireland

In 2022, supplies from abroad of safety seat belts decreased by -35.8% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 229% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, safety seat belt imports reduced slightly to $X in 2022. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, the UK (X units) constituted the largest safety seat belt supplier to Ireland, with a 66% share of total imports. Moreover, safety seat belt imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was taken by Turkey (X units), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.1% per year) and Turkey (+57.6% per year).

In value terms, the UK ($X) constituted the largest supplier of safety seat belts to Ireland, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by the United States, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.3% per year) and the United States (+30.9% per year).

Import Prices by Country

The average safety seat belt import price stood at $X per unit in 2022, surging by 49% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 162% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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