Pumps; Parts Thereof Price in Ireland - 2023

Contents:

  1. Pumps; Parts Thereof Price in Ireland (CIF) - 2022
  2. Pumps; Parts Thereof Price in Ireland (FOB) - 2023
  3. Pumps; Parts Thereof Imports in Ireland
  4. Pumps; Parts Thereof Exports in Ireland

Pumps; Parts Thereof Price in Ireland (CIF) - 2022

The average pumps; parts thereof import price stood at $10,230 per ton in 2022, shrinking by -77.1% against the previous year. In general, the import price, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2021 an increase of 381%. As a result, import price attained the peak level of $44,639 per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,609 per ton), while the price for Croatia ($3,933 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 (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Ireland (FOB) - 2023

The average pumps; parts thereof export price stood at $35,105 per ton in June 2023, picking up by 3% against the previous month. In general, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 113% m-o-m. The export price peaked in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($182K per ton), while the average price for exports to Luxembourg ($15,103 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Ireland

Pumps; parts thereof imports into Ireland soared to 8.7K tons in 2022, rising by 373% on the previous year's figure. In general, imports enjoyed mild growth.

In value terms, pumps; parts thereof imports expanded rapidly to $89M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Pumps; Parts Thereof in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.38.8N/A17.929.2%
Germany10.710.6N/A14.811.4%
United Kingdom20.424.6N/A10.8-19.1%
United States11.012.9N/A10.7-0.9%
Italy7.48.6N/A10.010.6%
Sweden3.53.8N/A6.724.2%
Poland1.72.6N/A2.818.1%
Netherlands2.62.1N/A2.5-1.3%
Croatia1.31.7N/A2.117.3%
France3.02.5N/A1.7-17.2%
Others7.38.082.49.38.4%
Total77.486.182.489.24.8%

Top Suppliers of Pumps; Parts Thereof to Ireland in 2022:

  1. China (3824.4 tons)
  2. Italy (990.9 tons)
  3. United Kingdom (892.8 tons)
  4. Germany (702.5 tons)
  5. Poland (586.2 tons)
  6. Croatia (529.6 tons)
  7. United States (284.4 tons)
  8. Sweden (214.4 tons)
  9. France (205.1 tons)
  10. Netherlands (177.1 tons)

Pumps; Parts Thereof Exports in Ireland

In 2022, pumps; parts thereof exports from Ireland shrank to 1.1K tons, dropping by -5.8% compared with the previous year. Over the period under review, exports faced a abrupt decline.

In value terms, pumps; parts thereof exports dropped rapidly to $20M in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -21.9% was in 2020.

Export of Pumps; Parts Thereof in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg3.53.9N/A3.93.7%
United States5.23.9N/A3.5-12.4%
United Kingdom6.64.3N/A2.6-26.7%
Germany1.12.0N/A2.327.9%
Netherlands1.30.9N/A1.30.0%
Norway0.10.1N/A0.8100.0%
France22.716.5N/A0.6-70.2%
Others6.55.025.95.1-7.8%
Total47.036.725.920.1-24.7%

Top Export Markets for Pumps; Parts Thereof from Ireland in 2022:

  1. Luxembourg (346.7 tons)
  2. United Kingdom (249.4 tons)
  3. Germany (222.1 tons)
  4. United States (45.0 tons)
  5. Netherlands (31.0 tons)
  6. Norway (21.3 tons)
  7. France (18.5 tons)

Source: IndexBox Market Intelligence Platform

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