Report Update Nov 1, 2024

Ireland - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Ireland

For the sixth consecutive year, the Irish self-propelled excavating machinery market recorded decline in sales value, which decreased by -10.6% to $X in 2021. Overall, consumption showed a deep setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Self-Propelled Excavating Machinery Production in Ireland

In value terms, self-propelled excavating machinery production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant decline. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Self-propelled excavating machinery production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Self-Propelled Excavating Machinery Exports

Exports from Ireland

Self-propelled excavating machinery exports from Ireland skyrocketed to X units in 2021, growing by 406% compared with 2020. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled excavating machinery exports soared to $X in 2021. In general, exports posted a pronounced increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for self-propelled excavating machinery exports from Ireland, with a 60% share of total exports. Moreover, self-propelled excavating machinery exports to the UK exceeded the volume sent to the second major destination, Romania (X units), fourfold. Spain (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+46.1% per year) and Spain (+63.8% per year).

In value terms, the UK ($X) emerged as the key foreign market for self-propelled earth moving, excavating machinery exports from Ireland, comprising 65% of total exports. The second position in the ranking was held by Romania ($X), with a 14% share of total exports. It was followed by Spain, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+7.0% per year) and Spain (+32.1% per year).

Export Prices by Country

The average self-propelled excavating machinery export price stood at $X per unit in 2021, with a decrease of -26.4% against the previous year. Over the period under review, the export price continues to indicate a dramatic contraction. The growth pace was the most rapid in 2013 when the average export price decreased by -13.2% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-18.1%), while the prices for the other major destinations experienced a decline.

Self-Propelled Excavating Machinery Imports

Imports into Ireland

In 2021, supplies from abroad of self-propelled earth moving, excavating machinery was finally on the rise to reach X units after two years of decline. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 167%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, self-propelled excavating machinery imports skyrocketed to $X in 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 160%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China constituted the country with the largest volume of self-propelled excavating machinery production, comprising approx. 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. Spain ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Ireland?

In value terms, the UK constituted the largest supplier of self-propelled excavating machinery to Ireland, comprising 49% of total imports. The second position in the ranking was occupied by Canada, with a 13% share of total imports. It was followed by the Netherlands, with a 7% share.

What are the leading importers of self-propelled earth moving, excavating machinery from Ireland?

In value terms, the UK remains the key foreign market for self-propelled excavating machinery exports from Ireland, comprising 66% of total exports. The second position in the ranking was occupied by Romania, with a 14% share of total exports. It was followed by Spain, with a 13% share.

What is the average export price for self-propelled earth moving, excavating machinery in Ireland?

The average self-propelled excavating machinery export price stood at $3,818 per unit in 2021, growing by 80% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Ireland?

The average self-propelled excavating machinery import price stood at $3,910 per unit in 2021, shrinking by -21.5% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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