| Product Code: ETC5261261 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland saw a significant shift in the cored wire import market with top exporters being the UK, Germany, Poland, China, and the Netherlands. The Herfindahl-Hirschman Index (HHI) indicated a transition from moderate to high concentration, highlighting competitive dynamics. The compound annual growth rate (CAGR) for 2020-2024 was -3.2%, with a notable decline in growth rate from 2023 to 2024 at -38.38%. This suggests a challenging market environment, indicating a need for strategic adaptations to navigate the changing landscape in the cored wire import sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Cored Wire Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Cored Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Cored Wire Market - Industry Life Cycle |
3.4 Ireland Cored Wire Market - Porter's Five Forces |
3.5 Ireland Cored Wire Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ireland Cored Wire Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ireland Cored Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry leading to increased demand for cored wires in infrastructure development projects. |
4.2.2 Technological advancements in cored wire manufacturing processes improving product quality and efficiency. |
4.2.3 Increasing investments in renewable energy projects driving the demand for cored wires in the energy sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of cored wires. |
4.3.2 Stringent environmental regulations leading to increased compliance costs for cored wire manufacturers. |
4.3.3 Competition from substitute products affecting the market share of cored wires. |
5 Ireland Cored Wire Market Trends |
6 Ireland Cored Wire Market Segmentations |
6.1 Ireland Cored Wire Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ireland Cored Wire Market Revenues & Volume, By Calcium Silicide Cored Wire (Casi), 2021-2031F |
6.1.3 Ireland Cored Wire Market Revenues & Volume, By Calcium Solid Cored Wire (Ca), 2021-2031F |
6.1.4 Ireland Cored Wire Market Revenues & Volume, By Pure Carbon Cored Wire (C), 2021-2031F |
6.1.5 Ireland Cored Wire Market Revenues & Volume, By Ferro Calcium Cored Wire (Cafe), 2021-2031F |
6.1.6 Ireland Cored Wire Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Cored Wire Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ireland Cored Wire Market Revenues & Volume, By Steelmaking, 2021-2031F |
6.2.3 Ireland Cored Wire Market Revenues & Volume, By Iron Casting, 2021-2031F |
6.2.4 Ireland Cored Wire Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Cored Wire Market Import-Export Trade Statistics |
7.1 Ireland Cored Wire Market Export to Major Countries |
7.2 Ireland Cored Wire Market Imports from Major Countries |
8 Ireland Cored Wire Market Key Performance Indicators |
8.1 Percentage of cored wire products meeting quality standards set by regulatory bodies. |
8.2 Number of new product innovations and technological upgrades introduced by cored wire manufacturers. |
8.3 Average lead time for cored wire delivery to customers. |
8.4 Percentage of revenue allocated towards research and development activities for cored wire product improvements. |
8.5 Customer satisfaction index based on feedback and reviews regarding cored wire performance and reliability. |
9 Ireland Cored Wire Market - Opportunity Assessment |
9.1 Ireland Cored Wire Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ireland Cored Wire Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ireland Cored Wire Market - Competitive Landscape |
10.1 Ireland Cored Wire Market Revenue Share, By Companies, 2024 |
10.2 Ireland Cored Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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