Ireland: Telecommunications Instrument Market 2025

Telecommunications Instrument Market Size in Ireland

After three years of decline, the Irish telecommunications instrument market increased by 65% to $X in 2021. Over the period under review, consumption posted a notable increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Telecommunications Instrument Exports

Exports from Ireland

In 2021, telecommunications instrument exports from Ireland surged to X units, increasing by 24% against the previous year. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 75% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, telecommunications instrument exports soared to $X in 2021. Over the period under review, exports, however, saw a deep reduction. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for telecommunications instrument exports from Ireland, accounting for a 40% share of total exports. Moreover, telecommunications instrument exports to the UK exceeded the volume sent to the second major destination, South Korea (X units), threefold. The third position in this ranking was held by Hong Kong SAR (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+25.1% per year) and Hong Kong SAR (+11.8% per year).

In value terms, the largest markets for telecommunications instrument exported from Ireland were the United States ($X), the UK ($X) and Germany ($X), together comprising 42% of total exports. Hong Kong SAR, the Netherlands, Poland, Australia, South Korea, Austria, Canada, Switzerland, Italy and Israel lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Australia, with a CAGR of +60.9%, saw 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 telecommunications instrument export price amounted to $X per unit, rising by 49% against the previous year. Over the period under review, the export price enjoyed notable growth. 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 the United States ($X per unit), while the average price for exports to Israel ($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 Austria (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports into Ireland

After three years of decline, supplies from abroad of telecommunications instruments increased by 54% to X units in 2021. Over the period under review, imports posted noticeable growth. The growth pace was the most rapid in 2015 with an increase of 238%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, telecommunications instrument imports soared to $X in 2021. In general, imports, however, continue to indicate a mild setback. The pace of growth appeared the most rapid in 2015 when imports increased by 113%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Korea (X units), the United States (X units) and China (X units) were the main suppliers of telecommunications instrument imports to Ireland, with a combined 74% share of total imports. These countries were followed by the UK, Switzerland, Japan, Canada, the Netherlands, Denmark and Greece, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +110.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of telecommunications instruments to Ireland, comprising 35% of total imports. The second position in the ranking was taken by the UK ($X), with an 11% share of total imports. It was followed by South Korea, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.5% per year) and South Korea (+28.7% per year).

Import Prices by Country

The average telecommunications instrument import price stood at $X per unit in 2021, almost unchanged from the previous year. Overall, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 42%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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