Conveyor belts market in Ireland

Earlier Report Observations

From 2018 to 2024, Ireland's conveyor belt market experienced significant growth, with market volume rising from 891 t to 1 619 t and market value increasing from 4.7 million USD to 7.2 million USD. This expansion was particularly pronounced in the early 2020s, driven by a surge in imports and sustained demand across key industrial sectors.

Market growth was underpinned by product innovation and sectoral expansion from leading manufacturers. Smiley Monroe introduced new vulcanised belt joint technologies and expanded into recycling and agriculture, broadening application areas. Concurrently, strict adherence to FDA and EU standards for food-grade belts facilitated access to the automated processing facilities in the food and pharmaceutical industries, where demand for hygienic and durable belting rose substantially.

By 2024, further momentum came from industrial automation, airport upgrades, and renewed mining investment. Strategic partnerships, like the one between Fenner Dunlop and International Conveyor and Rubber, enhanced specialized services for mining, while Montech's launch of cleanroom-certified conveyors catered to high-purity environments. Continued investment and brand development by established players like Smiley Monroe reinforced the market's innovative capacity and service offerings.

Production conveyor belts in Ireland

In value, 2017-2020, K $ US

After two consecutive years of growth, Ireland's conveyor belt production experienced a decline. In 2020, output was valued at 1 433 thousand US dollars, representing a 3.7% decrease from the previous year. Looking at the broader period from 2017 to 2020, production actually increased by 40.7%, with a compound annual growth rate of 12.1%. The peak value was recorded in 2019 at 1 487 thousand US dollars, which also saw the largest annual increase of 35.8%.

Annual dynamics of production in Ireland in value, 2017-2020, K $ US

In kind, 2017-2020, t

Annual dynamics of production in Ireland in kind, 2017-2020, t

Exports conveyor belts from Ireland

Exports in kind, t

The market showed significant volatility during this period. Exports reached their lowest point in 2017 and peaked in 2020, with a 2.5-fold difference between these years. In 2020, Ireland's cross-border shipments of conveyor belts totaled 104.7 tonnes, marking a substantial 58.1% increase from 2019. The largest decline occurred in 2019 at 16.1%, while the most significant increase was recorded in 2018 at 86.5%.

Annual dynamics of product's exports from Ireland in kind, 2017-2020, t

From 2017 to 2020, the United Kingdom, the United States, and France dominated Ireland's export structure in terms of volume. The United Kingdom accounted for 38.7% of exports, followed by the United States at 8.3%, and France at 6.9%. Together, these three countries represented 53.9% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Ireland in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Exports hit their lowest point in 2017 and reached a peak in 2020, showing a 2.5-fold variation. In 2020, conveyor belt exports from Ireland amounted to 969 thousand US dollars, marking a significant uptick of 51.8% compared to the prior year. The largest decline was recorded in 2019 at 30.0%, while the most substantial increase occurred in 2018 at 133.0%.

Annual dynamics of product's exports from Ireland in value, 2017-2020, K $ US

From 2017 to 2020, the United Kingdom, France, and the United States consistently remained the main destinations for Ireland's exports in value terms. The United Kingdom accounted for 35.8% of exports, France for 12.0%, and the United States for 9.0%. Collectively, these three countries represented 56.8% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Ireland in value, 2017-2020

Imports conveyor belts to Ireland

Imports in kind, t

In 2020, Ireland's volume of conveyor belt imports totaled 784.2 tonnes, down by 7.4% compared to 2019. Over the period from 2017 to 2020, imports decreased by 16.4%, equating to an annualized decline rate of 5.8%. The lowest volume was recorded in 2018 at 759.4 tonnes. The largest decline occurred in 2018 at 19.1%, while the most significant increase was in 2019 at 11.5%.

Annual dynamics of product's imports to Ireland in kind, 2017-2020, t

From 2017 to 2020, India, the Netherlands, and China were the main sources in the geographical breakdown of Ireland's conveyor belt imports by volume. India accounted for 33.9% of imports, the Netherlands for 19.4%, and China for 19.0%. Together, these three countries represented 72.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Ireland in kind, 2017-2020

Imports in value, K $ US

In 2020, foreign conveyor belt supplies to Ireland amounted to 4 770 thousand US dollars, corresponding to a modest drop of 8.4% compared to 2019. Between 2017 and 2020, imports decreased by 5.3%, equating to an annualized decline rate of 1.8%. The minimum value was recorded in 2018 at 4 502 thousand US dollars, while the maximum was in 2019 at 5 207 thousand US dollars. The largest decline occurred in 2018 at 10.7%, and the largest increase was in 2019 at 15.7%.

Annual dynamics of product's imports to Ireland in value, 2017-2020, K $ US

Over the period from 2017 to 2020, the United Kingdom, the Netherlands, and India made the biggest contribution to Ireland's imports in value terms. The United Kingdom accounted for 33.5% of imports, the Netherlands for 23.2%, and India for 15.7%. Jointly, these three countries represented 72.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Ireland in value, 2017-2020