Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $23,631 per ton in 2022, surging by 52% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses increased by +91.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 73%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($37,748 per ton), while the price for China ($12,631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $27,208 per ton, rising by 33% against the previous year. Over the period under review, the export price continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2021 an increase of 50%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +2.6% per year.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland

After three years of growth, overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -39.5% to 33 tons in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 55 tons, and then declined sharply in the following year.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses contracted to $788K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $859K, and then dropped in the following year.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Ireland in 2022:

1. United Kingdom (26.5 tons)
2. Sweden (2.6 tons)
3. Germany (2.0 tons)
4. China (1.9 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Ireland

In 2022, after three years of growth, there was significant decline in overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, when their volume decreased by -10.6% to 7.1 tons. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 194% against the previous year. As a result, the exports reached the peak of 8 tons, and then fell in the following year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $194K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 342%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Ireland in 2022:

1. United Kingdom (7.1 tons)

Source: IndexBox Market Intelligence Platform