| Product Code: ETC5395591 | 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 |
The import shipments of boring tools to Ireland saw significant growth in 2024, with top exporting countries being Germany, UK, China, Sweden, and USA. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from moderate in 2023 to high in 2024. The impressive Compound Annual Growth Rate (CAGR) of 42.32% from 2020 to 2024 indicates a thriving market. Moreover, the rapid growth rate of 72.52% from 2023 to 2024 suggests a surge in demand for boring tools in Ireland, making it an important market for international suppliers.

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 Boring Tools Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Boring Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Boring Tools Market - Industry Life Cycle |
3.4 Ireland Boring Tools Market - Porter's Five Forces |
3.5 Ireland Boring Tools Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Ireland Boring Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in boring tools |
4.2.2 Growth in the manufacturing sector in Ireland |
4.2.3 Increasing demand for precision engineering solutions |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced boring tools |
4.3.2 Fluctuations in raw material prices |
4.3.3 Intense competition from global manufacturers |
5 Ireland Boring Tools Market Trends |
6 Ireland Boring Tools Market Segmentations |
6.1 Ireland Boring Tools Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Boring Tools Market Revenues & Volume, By Fine Boring, 2021-2031F |
6.1.3 Ireland Boring Tools Market Revenues & Volume, By Rough Boring, 2021-2031F |
7 Ireland Boring Tools Market Import-Export Trade Statistics |
7.1 Ireland Boring Tools Market Export to Major Countries |
7.2 Ireland Boring Tools Market Imports from Major Countries |
8 Ireland Boring Tools Market Key Performance Indicators |
8.1 Number of new product launches in the boring tools market |
8.2 Adoption rate of advanced boring technologies in Ireland |
8.3 Investment in research and development for boring tools innovation |
9 Ireland Boring Tools Market - Opportunity Assessment |
9.1 Ireland Boring Tools Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Ireland Boring Tools Market - Competitive Landscape |
10.1 Ireland Boring Tools Market Revenue Share, By Companies, 2024 |
10.2 Ireland Boring Tools 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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