Ireland: Screwdriver Market 2025

Screwdriver Market Size in Ireland

In 2021, the Irish screwdriver market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Screwdriver Exports

Exports from Ireland

In 2021, shipments abroad of screwdrivers decreased by -22.3% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 178%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, screwdriver exports surged to $X in 2021. In general, exports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 when exports increased by 103%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The UK (X tons) was the main destination for screwdriver exports from Ireland, accounting for a 47% share of total exports. Moreover, screwdriver exports to the UK exceeded the volume sent to the second major destination, Israel (X tons), twofold. The United States (X kg) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+102.3% per year) and the United States (-18.6% per year).

In value terms, Israel ($X), the UK ($X) and Germany ($X) constituted the largest markets for screwdriver exported from Ireland worldwide, with a combined 72% share of total exports. France, Italy, Switzerland, the United States, Bahrain, the Czech Republic, the Netherlands, Norway and Australia lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Italy, with a CAGR of +223.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average screwdriver export price amounted to $X per ton, growing by 143% against the previous year. In general, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to the United States ($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 Italy (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Ireland

In 2021, approx. X tons of screwdrivers were imported into Ireland; jumping by 18% on the previous year. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.4% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, screwdriver imports soared to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 58%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest screwdriver supplier to Ireland, accounting for a 52% share of total imports. Moreover, screwdriver imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and the UK (-7.3% per year).

In value terms, the largest screwdriver suppliers to Ireland were China ($X), the UK ($X) and Germany ($X), with a combined 63% share of total imports. The Netherlands and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, the Netherlands, with a CAGR of +101.8%, 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

The average screwdriver import price stood at $X per ton in 2021, surging by 3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 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 the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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