Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.2 per unit, dropping by -39.1% against the previous year. Over the period under review, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of 304% against the previous year. Over the period under review, average import prices reached the peak figure at $0.4 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.3 per unit), while the price for Spain ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced a decline.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $3.1 per unit in 2022, falling by -83.1% against the previous year. In general, the export price faced a dramatic curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,226% against the previous year. Over the period under review, the average export prices hit record highs at $37 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($9.7 per unit), while the average price for exports to Canada ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+76.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones imported into Ireland skyrocketed to 708K units, jumping by 52% compared with 2021 figures. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted to $167K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 73%. As a result, imports reached the peak of $180K, and then declined in the following year.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Ireland in 2022:

1. United Kingdom (444.1K units)
2. Spain (143.3K units)
3. Germany (92.4K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Ireland

Exports of millstones, grindstones, grinding wheels and the like; of natural stones from Ireland skyrocketed to 5.3K units in 2022, jumping by 800% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $17K in 2022. Over the period under review, exports posted a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Ireland in 2022:

1. Canada (2.6K units)
2. Hong Kong SAR (1.1K units)
3. Switzerland (0.9K units)
4. Singapore (0.2K units)

Source: IndexBox Market Intelligence Platform