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Ireland's Internal Combustion Engine Equipment Market Booms in 2024

Ireland's internal combustion engine equipment market soared in 2024. Strong demand from the UK, US, and Japan drove exports to record highs.

Here we can see engine parts of a vehicle and some other parts. In the background there is a car.
Here we can see engine parts of a vehicle and some other parts. In the background there is a car.

Ireland's Internal Combustion Engine Equipment Market Booms in 2024

Ireland's engine equipment sector has witnessed significant growth. Exports surged to $X in 2024, with key markets including the UK, US, and Japan. The average export price rose by X% to $X per unit. Meanwhile, consumption and production also increased notably.

From 2012 to 2024, Ireland's total consumption of engine equipment grew at an average annual rate of X%. In 2024, consumption increased by X% compared to 2022 levels, reaching $X. The production of this equipment also rose markedly to $X in 2024, up X% from 2022 indices. This growth aligns with the average annual production increase of X% seen between 2012 and 2024.

Exports of engine equipment from Ireland also soared in 2024. They reached X units, marking a X% increase from the previous year. In value terms, exports skyrocketed to $X, with the UK, US, and Japan being the primary destinations, accounting for X% of total exports. The average export price in 2024 was $X per unit, up X% from the previous year.

Ireland's engine equipment market and exports have shown remarkable growth in 2024. Both consumption and production increased significantly, driving exports to new heights. With strong trade links to Europe and the US, Ireland's equipment continues to be in high demand globally.

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