| Product Code: ETC7631077 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

The Ireland Grain Oriented Electrical Steel Market has exhibited a volatile trajectory, characterized by significant fluctuations in market size. In the actual period from 2020 to 2024, the market peaked in 2021 at €1.07 thousand, followed by a sharp decline to €71.40 in 2022, and a subsequent rebound to €219.60 in 2023. This period recorded a compound annual growth rate (CAGR) of 39.02%. Looking ahead to the forecasted years 2025-2030, the market is projected to stabilize and grow, with a CAGR of 30.00%, reaching €666.10 by 2030. Key drivers for future growth include advancements in electrical steel applications, increased demand for energy-efficient technologies, and supportive government policies aimed at enhancing manufacturing capabilities. As the industry adapts to evolving technological trends, the market is expected to thrive, supported by ongoing investments in renewable energy and electric vehicle infrastructure.

In the Ireland Grain Oriented Electrical Steel Market, the exports experienced a notable increase from €500 million in 2019 to €624 million in 2024, marking a peak point during this period. On the import side, the market saw fluctuations with values at €270 million in 2019, rising sharply to €1.79 billion in 2020, before gradually decreasing to €119 million in 2022 and then rebounding to €503 million in 2024. Import values further rose to €620.5 million in 2025, showcasing a steady growth trend. These movements can be attributed to various factors such as changes in global supply chains, shifts in demand for electrical steel products, and governmental policies impacting trade dynamics. The surge in imports in 2020 could be linked to increased infrastructure projects, while the subsequent fluctuations might reflect market adjustments and evolving industry regulations affecting trade volumes in the electrical steel 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 Grain Oriented Electrical Steel Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, 2022 & 2032F |
3.3 Ireland Grain Oriented Electrical Steel Market - Industry Life Cycle |
3.4 Ireland Grain Oriented Electrical Steel Market - Porter's Five Forces |
3.5 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Thickness, 2022 & 2032F |
3.7 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Form, 2022 & 2032F |
3.8 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Silicone Content, 2022 & 2032F |
3.9 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
3.10 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.11 Ireland Grain Oriented Electrical Steel Market Revenues & Volume Share, By End-User, 2022 & 2032F |
4 Ireland Grain Oriented Electrical Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient electrical equipment |
4.2.2 Growing emphasis on renewable energy sources |
4.2.3 Technological advancements in grain-oriented electrical steel production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from substitute materials |
4.3.3 Regulatory challenges in the energy sector |
5 Ireland Grain Oriented Electrical Steel Market Trends |
6 Ireland Grain Oriented Electrical Steel Market, By Types |
6.1 Ireland Grain Oriented Electrical Steel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Domain Refined, 2022 - 2032F |
6.1.4 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By High Magnetic Strength, 2022 - 2032F |
6.1.5 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Conventional, 2022 - 2032F |
6.2 Ireland Grain Oriented Electrical Steel Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.23 MM, 2022 - 2032F |
6.2.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.27 MM, 2022 - 2032F |
6.2.4 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.30 MM, 2022 - 2032F |
6.2.5 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.35 MM, 2022 - 2032F |
6.2.6 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.5 MM, 2022 - 2032F |
6.2.7 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 0.65 MM, 2022 - 2032F |
6.3 Ireland Grain Oriented Electrical Steel Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Laminated Sheets, 2022 - 2032F |
6.3.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Wounds Sheets, 2022 - 2032F |
6.3.4 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Punched Sheets, 2022 - 2032F |
6.4 Ireland Grain Oriented Electrical Steel Market, By Silicone Content |
6.4.1 Overview and Analysis |
6.4.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Below 3%, 2022 - 2032F |
6.4.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By 3% or More, 2022 - 2032F |
6.5 Ireland Grain Oriented Electrical Steel Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Online, 2022 - 2032F |
6.5.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Offline, 2022 - 2032F |
6.6 Ireland Grain Oriented Electrical Steel Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Transformers, 2022 - 2032F |
6.6.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Power Generators, 2022 - 2032F |
6.6.4 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Motors, 2022 - 2032F |
6.6.5 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Battery, 2022 - 2032F |
6.6.6 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Shunt Reactor, 2022 - 2032F |
6.6.7 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Wound Cores, 2022 - 2032F |
6.7 Ireland Grain Oriented Electrical Steel Market, By End-User |
6.7.1 Overview and Analysis |
6.7.2 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Energy and Power, 2022 - 2032F |
6.7.3 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.7.4 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Building and Construction, 2022 - 2032F |
6.7.5 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Building and Construction, 2022 - 2032F |
6.7.6 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Aviation, 2022 - 2032F |
6.7.7 Ireland Grain Oriented Electrical Steel Market Revenues & Volume, By Others, 2022 - 2032F |
7 Ireland Grain Oriented Electrical Steel Market Import-Export Trade Statistics |
7.1 Ireland Grain Oriented Electrical Steel Market Export to Major Countries |
7.2 Ireland Grain Oriented Electrical Steel Market Imports from Major Countries |
8 Ireland Grain Oriented Electrical Steel Market Key Performance Indicators |
8.1 Average energy efficiency improvement achieved by using grain-oriented electrical steel |
8.2 Number of renewable energy projects utilizing grain-oriented electrical steel |
8.3 Adoption rate of new technologies in grain-oriented electrical steel production |
9 Ireland Grain Oriented Electrical Steel Market - Opportunity Assessment |
9.1 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Thickness, 2022 & 2032F |
9.3 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Form, 2022 & 2032F |
9.4 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Silicone Content, 2022 & 2032F |
9.5 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
9.6 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By Application, 2022 & 2032F |
9.7 Ireland Grain Oriented Electrical Steel Market Opportunity Assessment, By End-User, 2022 & 2032F |
10 Ireland Grain Oriented Electrical Steel Market - Competitive Landscape |
10.1 Ireland Grain Oriented Electrical Steel Market Revenue Share, By Companies, 2025 |
10.2 Ireland Grain Oriented Electrical Steel 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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