Market research

Conveyor or transmission belts market in Ireland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for conveyor or transmission belts in Ireland showed strong growth in both volume and value between 2018 and 2024. The physical market volume nearly doubled from 1 012 t to 1 913 t, while the market value more than doubled from $4.7 million to $10.8 million. This expansion was underpinned by a sustained increase in imports, which rose from 1 026 t to 2 013 t, ensuring a steady supply to the domestic market.

A key dynamic was the surge in market value in 2021, which jumped by nearly 50% to reach $9.7 million. Following a minor correction in 2022, the market value climbed again in 2023 to over $11 million before stabilizing in 2024. Domestic production volume peaked in 2021 at 354 t but subsequently fell, indicating that growing demand was increasingly met by international supply chains rather than local manufacturing.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018, 2021, 2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018, 2021, 2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Ireland
  1. 5.1.1. In kind, 2018, 2021, 2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Ireland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Ireland by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Ireland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Ireland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Ireland, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Ireland by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Ireland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Ireland by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Ireland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Ireland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Ireland, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Ireland by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Ireland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Ireland by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Ireland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Ireland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Ireland, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Ireland by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Ireland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Ireland by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Ireland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Ireland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Ireland, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Ireland by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production conveyor or transmission belts in Ireland

In value, 2017-2020, K $ US

Ireland's production of conveyor or transmission belts saw a two-year rise before declining. In 2020, output was valued at 1 433 thousand US dollars, marking a 3.7% decrease from the previous year. From 2017 to 2020, production grew by 40.7%, with an average annual growth rate of 12.1%. The peak value occurred 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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.5%	35.8%	(3.7%)	12.1%

Source: SHEV.io

In kind, 2017-2020, t

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports conveyor or transmission belts from Ireland

Exports in kind, t

In 2020, Ireland exported 248 tonnes of conveyor or transmission belts, a 14.1% increase year-on-year. Between 2017 and 2020, exports rose by 26.3%, translating to an annualized growth rate of 8.1%. The largest decline was recorded in 2019 at 3.3%, while the largest increase occurred in 2018 with a 14.4% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.4%	(3.3%)	14.1%	8.1%

Source: SHEV.io

From 2017 to 2020, Germany, the United Kingdom, and Belgium were the top buyers of conveyor or transmission belts from Ireland in volume terms. Germany accounted for 32.4% of exports, the United Kingdom for 16.7%, and Belgium for 6.0%, together making up 55.1% of total exports.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Ireland's exports of conveyor or transmission belts declined for the second year in a row. In 2020, exports totaled 8 621 thousand US dollars, a 10.4% drop compared to 2019. Over the period from 2017 to 2020, exports decreased by 7.6%, with an average annual decline of 2.6%. The highest value was recorded in 2018 at 10 038 thousand US dollars, which also saw the largest increase of 7.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.6%	(4.1%)	(10.4%)	(2.6%)

Source: SHEV.io

Between 2017 and 2020, Germany, the United Kingdom, and Belgium were the leading markets for Ireland's conveyor or transmission belt exports in value terms. Germany represented 47.3% of exports, the United Kingdom 8.0%, and Belgium 7.7%, collectively accounting for 63.1% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports conveyor or transmission belts to Ireland

Imports in kind, t

Ireland imported approximately 1 082 tonnes of conveyor or transmission belts in 2020, a 6.2% decrease from 2019. From 2017 to 2020, imports fell by 13.9%, with an average annual decline of 4.9%. The lowest volume was in 2018 at 1 026 tonnes, which also experienced the largest decline of 18.3%. The largest increase occurred in 2019 with a 12.4% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.3%)	12.4%	(6.2%)	(4.9%)

Source: SHEV.io

In the period from 2017 to 2020, India, the United Kingdom, and the Netherlands dominated Ireland's imports of conveyor or transmission belts in volume terms. India accounted for 26.2% of imports, the United Kingdom for 21.6%, and the Netherlands for 14.3%, together representing 62.1% of total import volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Ireland imported 13 679 thousand US dollars worth of conveyor or transmission belts in 2020, a 4.5% decline from 2019. The peak value was recorded in 2019 at 14 329 thousand US dollars, which also saw the largest increase of 4.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.0%)	4.7%	(4.5%)	(0.3%)

Source: SHEV.io

From 2017 to 2020, the United Kingdom, Germany, and Belgium were consistently the main sources for Ireland's imports of conveyor or transmission belts in value terms. The United Kingdom accounted for 36.5% of imports, Germany for 14.1%, and Belgium for 10.1%, together making up 60.7% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io