Balloon And Dirigible Market Overview in Ireland
Market Overview
The Irish balloon and dirigible market stood at $
in 2019, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of
% year-to-year. Over the period under review, the market attained the maximum level at $
in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.
In value terms, balloon and dirigible production amounted to $
in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of
% year-to-year. As a result, production attained the peak level of $
. From 2017 to 2019, production growth remained at a somewhat lower figure.



In value terms, balloon and dirigible production amounted to $



Consumption
In 2019, consumption of balloons and dirigibles; gliders, hang gliders and other non-powered aircraft increased by
% to
units, rising for the third consecutive year after seven years of decline. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of
% y-o-y. Over the period under review, consumption hit record highs at
units in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.
The revenue of the balloon and dirigible market in Ireland was estimated at $
in 2019, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by
% year-to-year. Balloon and dirigible consumption peaked at $
in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.




The revenue of the balloon and dirigible market in Ireland was estimated at $



Market Forecast
The balloon and dirigible market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -
% for the eleven-year period from 2019 to
, which is projected to depress the market volume to
units by the end of
.




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