Ireland: Stainless Steel Sink Market 2025

Stainless Steel Sink Market Size in Ireland

The Irish stainless steel sink market skyrocketed to $X in 2021, rising by 107% against the previous year. Overall, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Stainless Steel Sink Production in Ireland

In value terms, stainless steel sink production rose sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 111%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Stainless Steel Sink Exports

Exports from Ireland

In 2021, after two years of decline, there was significant growth in overseas shipments of stainless steel sinks and wash basins, when their volume increased by 47% to X units. Overall, exports posted temperate growth. The most prominent rate of growth was recorded in 2015 with an increase of 196% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, stainless steel sink exports surged to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by 131%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X units) was the main destination for stainless steel sink exports from Ireland, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +42.3%.

In value terms, the UK ($X) also remains the key foreign market for stainless steel sink exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +34.1%.

Export Prices by Country

The average stainless steel sink export price stood at $X per unit in 2021, with an increase of 45% against the previous year. In general, the export price posted prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 332% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

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 Israel amounted to +115.4% per year.

Stainless Steel Sink Imports

Imports into Ireland

In 2021, stainless steel sink imports into Ireland surged to X units, with an increase of 109% compared with 2020. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel sink imports skyrocketed to $X in 2021. In general, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the UK (X units) constituted the largest supplier of stainless steel sink to Ireland, with a 67% share of total imports. Moreover, stainless steel sink imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Greece (X units) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.4% per year) and Greece (+28.4% per year).

In value terms, the UK ($X) constituted the largest supplier of stainless steel sink to Ireland, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by Germany, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and Germany (+35.8% per year).

Import Prices by Country

In 2021, the average stainless steel sink import price amounted to $X per unit, which is down by -2.9% against the previous year. Over the period under review, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 25% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Germany (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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