Ireland: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Ireland

The Irish non-propelled vehicle market soared to $X in 2021, growing by 58% 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, consumption showed buoyant growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Non-Propelled Vehicle Exports

Exports from Ireland

In 2021, shipments abroad of vehicles not mechanically propelled was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports enjoyed a strong expansion. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2021. Over the period under review, exports saw significant growth. 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 non-propelled vehicle exports from Ireland, accounting for a 84% share of total exports. Moreover, non-propelled vehicle exports to the UK exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was taken by Vietnam (X units), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.1% per year) and Vietnam (0.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for non-propelled vehicle exports from Ireland, comprising 74% of total exports. The second position in the ranking was held by the United States ($X), with an 8% share of total exports. It was followed by Switzerland, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.9% per year) and Switzerland (-18.9% per year).

Export Prices by Country

The average non-propelled vehicle export price stood at $X per unit in 2021, waning by -8.1% against the previous year. Overall, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2020 an increase of 39%. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Vietnam ($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 Switzerland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports

Imports into Ireland

In 2021, the amount of vehicles not mechanically propelled imported into Ireland soared to X units, jumping by 41% on the previous year's figure. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.8% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-propelled vehicle imports soared to $X in 2021. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 209% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-propelled vehicle to Ireland, with a 57% share of total imports. Moreover, non-propelled vehicle 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 the Netherlands (X units), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.1% per year) and the Netherlands (+37.3% per year).

In value terms, the largest non-propelled vehicle suppliers to Ireland were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 73% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +69.6%, saw the highest rates of growth with regard to the value of imports, 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 non-propelled vehicle import price amounted to $X per unit, growing by 37% against the previous year. Over the period under review, the import price saw a temperate increase. The pace of growth was the most pronounced in 2013 an increase of 125%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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