Ireland: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in Ireland

The Irish transmission apparatus market surged to $X in 2021, jumping by 42% 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). Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +48.4% against 2017 indices. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the immediate term.

Transmission Apparatus Exports

Exports from Ireland

In 2021, shipments abroad of transmission apparatus incorporating reception apparatus decreased by -72.7% to X tons, falling for the second year in a row after three years of growth. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 78%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, transmission apparatus exports fell significantly to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for transmission apparatus exports from Ireland, with a 40% share of total exports. Moreover, transmission apparatus exports to the UK exceeded the volume sent to the second major destination, France (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at -22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+42.6% per year) and Spain (+39.8% per year).

In value terms, the UK ($X) emerged as the key foreign market for transmission apparatus incorporating reception apparatus exports from Ireland, comprising 35% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports. It was followed by Spain, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to -21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+34.7% per year) and Spain (+61.4% per year).

Export Prices by Country

In 2021, the average transmission apparatus export price amounted to $X per ton, waning by -3.6% against the previous year. Overall, the export price, however, continues to indicate a notable expansion. The growth pace was the most rapid in 2019 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Cyprus ($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 Germany (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Ireland

In 2021, the amount of transmission apparatus incorporating reception apparatus imported into Ireland skyrocketed to X tons, with an increase of 18% on the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 46% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, transmission apparatus imports declined to $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 2014 when imports increased by 31%. Imports peaked at $X in 2020, and then shrank in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and Vietnam (X tons) were the main suppliers of transmission apparatus imports to Ireland, with a combined 75% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +207.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and the Netherlands ($X) constituted the largest transmission apparatus suppliers to Ireland, together comprising 83% of total imports.

Vietnam, with a CAGR of +260.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average transmission apparatus import price amounted to $X per ton, dropping by -19.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 an increase of 72% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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