Ireland: Travel Set Market 2025

Travel Set Market Size in Ireland

In 2021, the Irish travel set market decreased by -16.3% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a abrupt slump. Travel set consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Travel Set Production in Ireland

In value terms, travel set production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a dramatic decline. Over the period under review, production hit record highs at $X in 2020, and then dropped markedly in the following year.

Travel Set Exports

Exports from Ireland

In 2021, shipments abroad of travel sets decreased by -8.3% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of 381%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, travel set exports stood at $X in 2021. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 273%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for travel set exports from Ireland, accounting for a 89% share of total exports. Moreover, travel set exports to the UK exceeded the volume sent to the second major destination, the United States (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+22.7% per year) and France (-40.1% per year).

In value terms, the UK ($X) remains the key foreign market for travel sets exports from Ireland, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.4% per year) and France (-30.1% per year).

Export Prices by Country

The average travel set export price stood at $X per unit in 2021, growing by 17% against the previous year. Over the period under review, the export price recorded a buoyant increase. The growth pace was the most rapid in 2016 an increase of 93%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

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 France (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Travel Set Imports

Imports into Ireland

In 2021, supplies from abroad of travel sets decreased by -8.5% to X units, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 17% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, travel set imports rose rapidly to $X in 2021. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of travel set to Ireland, accounting for a 70% share of total imports. Moreover, travel set imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-20.8% per year) and Germany (+4.0% per year).

In value terms, China ($X), the UK ($X) and the Netherlands ($X) constituted the largest travel set suppliers to Ireland, together accounting for 89% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +64.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average travel set import price amounted to $X per unit, growing by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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