Ireland - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Ireland - 2023
Contents:
- Relay Price in Ireland (CIF) - 2023
- Relay Price in Ireland (FOB) - 2023
- Relay Imports in Ireland
- Relay Exports in Ireland
Relay Price in Ireland (CIF) - 2023
In August 2023, the average relay import price amounted to $2.7 per unit, dropping by -10.3% against the previous month. Over the period under review, import price indicated noticeable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, relay import price increased by +21.6% against June 2023 indices. The growth pace was the most rapid in July 2023 an increase of 36% m-o-m. The import price peaked at $3.4 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($3.7 per unit), while the price for Sweden ($525 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Ireland (FOB) - 2023
The average relay export price stood at $6.3 per unit in August 2023, reducing by -3.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 160% against the previous month. Over the period under review, the average export prices hit record highs at $8.7 per unit in October 2022; however, from November 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Germany ($29.4 per unit), while the average price for exports to Mali ($510 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Imports in Ireland
In 2022, overseas purchases of relays decreased by 0% to 5.2M units, falling for the second year in a row after two years of growth. Overall, imports saw a noticeable curtailment. The growth pace was the most rapid in 2020 when imports increased by 6.9% against the previous year. As a result, imports attained the peak of 6.5M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, relay imports totaled $18M in 2022. In general, imports recorded a measured expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Relay in Ireland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 2.6 | 4.9 | N/A | 3.8 | 13.5% |
China | 1.9 | 1.3 | N/A | 2.3 | 6.6% |
Philippines | 2.1 | 2.4 | N/A | 1.6 | -8.7% |
United States | 0.9 | 0.9 | N/A | 1.2 | 10.1% |
Germany | 1.9 | 1.4 | N/A | 1.2 | -14.2% |
France | 2.0 | 1.9 | N/A | 0.8 | -26.3% |
Italy | 0.5 | 0.5 | N/A | 0.7 | 11.9% |
Austria | 0.2 | 0.3 | N/A | 0.5 | 35.7% |
Netherlands | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
Japan | 1.5 | 5.6 | N/A | 0.4 | -35.6% |
Sweden | 0.5 | 0.3 | N/A | 0.2 | -26.3% |
Others | 2.2 | 2.3 | N/A | 4.8 | 29.7% |
Total | 16.3 | 21.8 | N/A | 17.9 | 3.2% |
Top Suppliers of Relay to Ireland in 2022:
- China (1185.6K units)
- United Kingdom (1059.0K units)
- Philippines (944.2K units)
- Netherlands (287.5K units)
- France (273.0K units)
- Germany (262.1K units)
- Italy (191.9K units)
- United States (160.4K units)
- Austria (92.6K units)
- Sweden (76.5K units)
- Japan (69.5K units)
Relay Exports in Ireland
In 2022, the amount of relays exported from Ireland soared to 635K units, increasing by 217% compared with 2021 figures. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, relay exports soared to $2.4M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Relay in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | N/A | N/A | N/A | 389 | 0% |
Germany | 45.5 | 119 | N/A | 338 | 95.1% |
Philippines | 106 | 229 | N/A | 330 | 46.0% |
United Kingdom | 202 | 195 | N/A | 246 | 6.8% |
United States | 30.7 | 52.9 | N/A | 179 | 80.0% |
United Arab Emirates | 22.1 | 6.6 | 1,303 | 153 | 90.6% |
Sweden | 0.6 | 0.5 | N/A | 89.8 | 430.9% |
France | 67.5 | 83.5 | N/A | 69.1 | 0.8% |
Lithuania | 0.4 | 0.6 | N/A | 53.8 | 412.4% |
Italy | 20.3 | 21.9 | N/A | 29.3 | 13.0% |
Spain | 14.0 | 21.9 | N/A | 9.4 | -12.4% |
Others | 117 | 197 | 22.0 | 464 | 58.3% |
Total | 625 | 929 | 1,325 | 2,351 | 55.5% |
Top Export Markets for Relay from Ireland in 2022:
- Sweden (130.3K units)
- United Kingdom (101.7K units)
- Germany (92.1K units)
- France (57.5K units)
- Slovenia (48.3K units)
- Lithuania (42.4K units)
- United States (24.8K units)
- Philippines (23.8K units)
- Italy (21.1K units)
- United Arab Emirates (8.8K units)
- Spain (6.5K units)
This report provides an in-depth analysis of the relay market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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