In 2021, the bilateral trade volume between China and Ireland exceeded US$20 billion for the first time, reaching US$22.95 billion. China-Ireland trade continued to maintain a high-speed development trend last year. The bilateral trade volume increased by 27.2% year-on-year. Among them, China's exports to Ireland were US$5.32 billion, an increase of 33.2%; China's imports from Ireland were US$17.63 billion, an increase of 25.5%. This proves the complementarity and huge potential of the bilateral economic and trade relations between China and Ireland.
As a global crane service provider located in China, Dongqi De La Grúa has a deep concern for the development of China-Ireland trade. There is also some research on the crane market in Ireland. In this article we make some analysis of the Ireland Overhead Crane market size by researching some of the Overhead Cranes historical data
Before we start discussing the aerial crane market in Ireland, we have a few small questions that need to be answered first. Let’s take a look
In 2020, the Irish bridge crane market fell -X% to $X for the first time since 2015, ending a four-year upward trend. Overall, however, consumption has shown a relatively flat trend pattern. The most significant growth rate occurred in 2014, which was an X% increase compared to the previous year. During the period under review, the market peaked at $X in 2019 before falling the following year.
In 2020, overseas shipments of fixed-support overhead cranes increased by X% to X units, the fourth consecutive year of growth after two years of decline. Overall, exports showed strong growth. The most significant growth rate occurred in 2019, with an X% increase compared to the previous year. During the period under review, exports peaked in 2020 and are expected to maintain growth in the short term.
Overhead crane exports surged to $X in 2020 by value. During the period under review, there was a significant increase in exports. The growth rate was most pronounced in 2019, with exports increasing by X% year-on-year. During the period under review, exports hit an all-time high in 2020 and will likely continue to grow in the near future.
Canada (X units) and the United Kingdom (X units) are the main destinations for Irish bridge crane exports. Among the major destination countries from 2007 to 2019, the most significant growth rate in shipments was the United Kingdom.
Canada ($X) remains the leading foreign market for Irish bridge crane exports by value, accounting for X% of total exports. In second place is the United Kingdom ($X) with X% of total exports. From 2007 to 2019, the value to Canada has grown at an average annual rate of +X%.
In 2020, after four years of growth, overseas purchases of fixed-support overhead cranes declined, with the number dropping -X% to X units. Overall, however, import growth was strong. 2014 saw the fastest growth, with imports increasing by X% year-on-year. Imports peaked at X units in 2019 before decreasing the following year.
Imports of overhead cranes shrunk to $X in 2020 by value. But overall, imports contracted suddenly. The most significant growth rate occurred in 2014, with an X% year-over-year increase. During the period under review, imports reached a record $X in 2007; however, from 2008 to 2020, import figures were slightly lower.
The UK (X units) and Sweden (X units) are the main suppliers of overhead cranes imported to Ireland. From 2007 to 2019, the largest increase was in the UK.
In terms of value, the UK ($X) and Sweden ($X) are the largest suppliers of overhead cranes in Ireland. As far as the major supplier countries are concerned, the UK recorded the highest growth rate in value of imports during the period under review.
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