IN GLOBAL MARKETS EXPORT PERFORMANCE - Enterprise Ireland Client Company Export Results 2017
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
EXPORT PERFORMANCE IN GLOBAL MARKETS Enterprise Ireland Client Company Export Results 2017 #GlobalAmbition
Enterprise Ireland
Client Company
Export Performance €22.71bn
in 2017 Record export sales
by client companies
up 7% on 2016
€4.6bn
Exports to the Eurozone region
2nd largest market for Irish exporters
up 9% on 2016
€44.4bn
In total sales by client
companies
€3.96bn up 8% on 2016
€1.97bn Exports to
USA/Canada
Exports to up 7% on 2016
Asia Pacific
up 9% on 2016
2 www.enterprise-ireland.com/en/export-assistance/
Client exports 2017
by territory
USA/Canada Northern Europe
+7%
€3.96bn +9%
€4.6bn
20% of exports
17% of exports
UK Central/Eastern Europe/Commonwealth
€7.62bn
of Independent States/Russia
34% of exports
+4% +9%
€0.68bn
3% of exports
S. Europe/M. East/Africa/India
€2.13bn
Asia Pacific
9% of exports
+6%
€1.97bn
9% of exports
+9%
Latin America
€0.2bn
1% of exports
-11%
Unspecified & Sales to Ornua
(FORMERLY THE IRISH DAIRY BOARD)
€1.55bn +22%
7% of exports
Total
€22.71bn +7%
3
Export Performance
2009 to 2017
Exports (including sales to Ornua formerly the Irish Dairy Board)
Exports (€bn)
€25
€20 €22.7bn
€21.6bn
€15
€20.59bn
€10 €18.6bn
€17.15bn
€16.22bn
€5 €15.2bn
€13.93bn
€12.9bn
€0
2009 2010 2011 2012 2013 2014 2015 2016 2017
Note: 2009 – 2016 figures are from Annual Reports
Exports have increased 2020
Export Target
by almost €10bn between
2009 and 2017
€26bn
4
4
Client exports 2017
by sector
Food Internationally Traded Software
€11.58bn +10%
€2.12bn +3%
Life Sciences, Engineering, Paper Print Internationally Traded Services
€2.26bn
& Packaging, Electronics & Cleantech
+8%
€4.05bn +7%
Construction, Timber & Total Client Base
€22.71bn
Consumer Retail
€2.7bn
+7%
+1%
5
Eurozone
€4.6bn
Despite recent growth, France’s economy
+9% continues to provide a challenging backdrop
for the retail sector. Positive trends are
evident, nonetheless. Hypermarkets, such
as Carrefour, Auchan, Casino, and Leclerc
continue to expand and consumer spend has
started to increase in France following the
France economic downturn, up 2% between 2016 –
Exports to the Eurozone 2017.
France is the 4th-largest market for
account for 20% of all exports. companies supported by Enterprise Ireland,
Enterprise Ireland is leveraging the trend
by targeting large-scale retailers. While
with exports up by 10% in 2017, to €979
the first wholesaler Costco France opened
million.
Enterprise Ireland hosted outside of Paris in June 2017, Enterprise
The rebounding of the construction sector Ireland’s team had been engaging with
232 Eurozone buyer visits in France accelerated in 2017, with activity Costco’s purchasing director since October
to Ireland. 504 deals were growing in volume by 4.7%. Growth was 2014, building relationships with buyers, and
recorded. driven by new residential construction assisting clients, such as Irish Dog Foods,
activity. In September 2017, new housing Ovelle Pharmaceuticals, TanOrganic, and Irish
builds numbered 414,000 units over the Breeze, to do business with the retailer.
previous 12 months.
Enterprise Ireland-backed
companies opened 68 new Large infrastructure projects, such as the
Energy and cleantech
Grand Paris, present significant opportunities
overseas presences in the for Irish companies. Enterprise Ireland-backed Energy costs increased in France in 2017
Eurozone. companies are providing products and – fuel by +25%, gas +25%, and electricity
services to respond to growing demand and +2%. Enterprise Ireland is capitalising on the
political will for a more sustainable sector. trend by promoting Irish capabilities to open
The Eurozone with a LED Robus, Ecocem, Ei Electronics, Freefoam, innovation decision makers from European
population of 340 million and and Kingspan are some of the companies leaders in energy provision, such as Total,
making great progress in this market. Engie, and Veolia. Five Irish SMEs from
zero currency risk has major various sectors (Blue Tree Systems, Butler,
potential for Irish companies. Taoglas, Anecto, and Sentenial) attended an
Engie Innovation Workshop during the World
Efficiency Forum in Paris, at which three Irish
start-ups (EcoVolt, H2Ozone, and OxyMem)
also participated.
6 www.enterprise-ireland.com/en/export-assistance/
Germany, Austria and Switzerland Technology
The construction sector is booming across Berlin’s tech cluster continues to flourish,
all three German speaking markets, with attracting record investments in 2017. Last
Germany reaching growth of 5% in 2017. year, many once smaller start-ups developed
10% of Germany’s GDP (translating to a into viable targets for Irish companies. Ten
figure of over €300 billion) is spent annually new companies per week were set up in
on building projects. Irish enterprise Berlin in 2017. Enterprise Ireland organised
leveraging the opportunity is particularly a delegation of twenty Irish companies
focused on the data centre and pharma travelling on a tech meet up programme to L-R: Minister Michael D'Arcy TD, Frank Schwab, Co-founder of
explore new opportunities, which resulted the Fintech Forum in Frankfurt, with Eoin Fitzgerald and Jane
build sub-sectors. Greene, Enterprise Ireland.
in a number of successful partnerships
between Irish tech SMEs and leading
Financial services German digital players including N26 and
The Dutch and Belgian ports cluster, with 7 main
The effects of Brexit diversification saw Zalando.
ports within 250 kilometres, is the gateway
the Frankfurt financial services centre to mainland Europe for overseas businesses.
confirmed as the main hub for the EU in The ports of Rotterdam in the Netherlands and
Benelux
2017. Over 99,000 people are employed Antwerp in Belgium are the two largest in Europe
in 201 banks from over 50 countries, in Ireland's strong export performance for maritime freight volume, and commercial hot
addition to the cluster anchors of the is driven by intense activity in the spots, not only due to their role in transport and
ECB, German stock exchange, KfW, and pharmaceutical and biotechnology logistics, but also thanks to the many production
key regulatory bodies. The growth of sectors. Irish SMEs, notably in the high- sites located there. Irish SMEs in the software and
the cluster and the industry’s movement tech construction and engineering sectors, services sector, such as Druid, who developed a
towards digitalisation is creating benefit from the trade stream, exporting major project in the Port of Rotterdam in 2017,
significant opportunities for Irish fintechs, over €450 million worth of products and are delivering unique solutions to the ecosystem.
with innovative Irish payments start-up services to the region in 2017. Enterprise
The Grand Duchy of Luxembourg is the second
Touchtech partnering with German banks. Ireland-backed companies, including PM
largest investment fund centre in the world,
Group, Jones Engineering, John Sisk,
after the United States, the premier private
Ardmac, Mercury Engineering, and Dornan
banking centre in the Eurozone, and the largest
Engineering, have established a strong
captive reinsurance market in the European
presence in the Benelux construction sector.
Union. This high-end financial services market
is an attractive target for Ireland’s innovative
fintech and enterprise solutions clusters.
www.enterprise-ireland.com/en/export-assistance/ 7United Kingdom
€7.62bn
The UK market is forecast to reach
+4% £2.9 (€3.3) billion by 2018, with trends
towards digital innovation and adoption
in health and care. Through a programme
of seminars and industry expert networks,
Enterprise Ireland’s UK office supports a
Construction dynamic base of Irish companies to facilitate
The infrastructure and residential sub- and accelerate access to opportunities in
The UK is the 5th largest sectors remain priority focuses for Irish public and private healthcare.
economy in the world by companies seeking opportunities in the UK,
2017 saw success for High Performing
most specifically transport, energy, and water
GDP (World Bank, 2017). infrastructure, and build-to-rent high density
Start-Ups supported by Enterprise Ireland,
including TickerFit who won an NHS England-
residential subsectors.
funded Small Business Research Initiative
The UK Government’s National Infrastructure contract and PMD who secured a place on
Northern England is growing and Construction Pipeline counts 694 the prestigious NHS Innovation Accelerator
faster than London, Northern projects and programmes totalling programme.
Powerhouse data reports. £463 (€529) billion, covering the housing,
Aerospace
social, and economic infrastructure
subsectors. The UK’s build-to-rent pipeline of The UK commercial aerospace industry
residential projects has increased by 500% is valued at £35 (€40) billion per annum,
Enterprise Ireland-backed since 2013. Project completions and projects having seen growth of over 39% since 2012,
companies employ 102,000 under construction both increased by over and is second in size to the US globally.
people in the UK. 45% between 2017 and 2018. The Emerald Aero Group cluster includes
15 founding client companies spanning the
Life sciences and digital health component supply chain in the precision
The UK life sciences sector has an annual engineering, fabrications, plastics and
turnover of £64 (€73) billion. In 2017, composites subsectors. Double digit revenue
the Government’s Life Sciences Industrial growth has been achieved by a number of
Strategy defined key priorities to support these companies over the last three years,
long-term prosperity, which includes securing contracts to supply components
broadening the NHS Accelerated Access for structures and interiors to major industry
Review to streamline entry for new products, players such as Bombardier, Rockwell Collins,
and increasing clinical trials by 50% in five Thompsons Seating, and GKN Aerospace.
years.
8 www.enterprise-ireland.com/en/export-assistance/USA/Canada
Canada
€3.96bn
+7% An Enterprise Ireland trade mission including
30 Irish companies, led by Seán Canney T.D.,
the then Minister of State for the Office of
Public Works & Flood Relief, visited Toronto
and Ottawa. Highlights from the trade mission
included:
USA Cross-sector growth
A trade visit to Flynn Group (Canada), where
The United States’ economy is the largest The continued growth and impact of
leading Irish suppliers including APA Systems and
in the world, accounting for approximately Irish companies in the US was evident
Carey Glass have contributed to award winning
20% of global GDP. The US is also the during a meeting between leading Irish
multimillion dollar construction projects in
world’s largest trading nation, with exports executives and An Taoiseach Leo Varadkar
Canada.
of goods and services of nearly €1.97 in Washington DC on March 15th this
trillion in 2017. Economic growth estimates year. Irish companies currently employ Initiafy, a leading provider of onboarding and
for Q4 2017 were revised up to 2.9% by the 100,000 people in the US and are the 9th safety orientation software, announced the
US Bureau of Economic Analysis. largest source of US FDI, with a value of expansion of their Toronto-based team.
$85.5 (€73) billion. In 2017, this level of HealthBeacon, an award winning digital health
Many Irish companies are already
activity was boosted with announcements company, announced the opening of a new office
successfully exporting to and building
confirming new investments and the in Montreal.
businesses in the USA. The main exports
opening of new offices by companies
of Irish-owned companies are in sectors Leading Edge Group announced a three-
including Icon plc and Wisetek. An
including food, medical, pharmaceutical, year partnership agreement to provide a Lean
additional sixty Enterprise Ireland-
electronics, business services and software training programme with the City of Mississauga
supported companies opened new US
for financial services, telecommunications, municipality, Canada’s sixth-largest city.
offices last year.
enterprise, and education. The innovative,
OnePosting announced a significant contract for
high-tech sectors of medical devices,
the provision of accounts payable automation
ICT, telecoms, media, gaming, and cloud
with Shoppers Home Health Care, a leading
computing applications, continue to show
Canadian player.
strong growth creating opportunities for
Irish exporters. Castlebar-based SportLoMo and Rugby Canada
announced a new multi-year partnership.
L-R: Steve Cutler CEO Icon plc, Sarah Clarke CEO
Intuition North America, Ronan Dowling CFO Kingspan Clare company Tekelek launched a major
North America, John McCarthy CEO Ocean Energy, Sean
Sheehan CEO Wisetek, Julie Sinnamon CEO Enterprise partnership with Paygo, a leader in fuel
Ireland, An Taoiseach Leo Varadkar, Paul Quigley CEO monitoring solutions in Canada and the US, for
Newswhip, John Hay SVP Government Relations CRH/
Oldcastle, Courtney Sunna Business Development $1.4m.
Director Allergy Standards, Michael O’Neill CEO Kerry
North America, Ambassador Dan Mulhall, Sean Davis
Enterprise Ireland Regional Director North America.
www.enterprise-ireland.com/en/export-assistance/ 9Asia Pacific
€1.97bn
+9%
Growing Ireland’s export footprint China, Korea and Vietnam -
in Asia Pacific Education Services
Ireland continues to build its export footprint Building awareness and momentum in the
in Asia Pacific, a dynamic region which is education services sector continued across
growing and changing rapidly, providing the region, with 14 Irish Higher Education
opportunities for Irish companies to build Institutions participating in events in four L-R: Tom Cusack, Regional Director Asia Pacific at Enterprise
scale and expand reach. The growing influence major cities across China in October 2017. Ireland, Sabina Higgins, wife of President Higgins, President of
of China, the region’s expanding youth and Minister Bruton travelled to Korea and Ireland, Michael D. Higgins, Julie Sinnamon, CEO of Enterprise
Ireland, Mary Kinnane, Director Enterprise Ireland Australia/
middle-class populations, and the digitalisation Vietnam and Minister Halligan travelled to New Zealand, Sonia O’Sullivan, David Eccles, Senior Market
of economies and sectors, all point towards the OCSC higher education fair in Thailand Advisor Software and Services, His Excellency Mr. Noel White,
chargé d'affaires of Ireland to Australia.
the increasing economic importance of the accompanied by eight Irish Higher Education
Asia Pacific region for Irish companies. Institutions (HEIs).
Food FDI
Largest ever trade mission to Aviation and aerospace
Enterprise Ireland is responsible for
Australia and New Zealand A growing number of Irish companies in this attracting food sector Foreign Direct
As part of the state visit made by President key sector entered the Asia Pacific region in Investment, actively targeting the Asia
Michael D. Higgins in October 2017, 2017, with seven participating at the Aviation Pacific region to identify food and beverage
Enterprise Ireland organised its largest ever Festival in Singapore for the first time. companies with an interest in exploring
trade mission to Australia and New Zealand. investment, joint venture, or collaborative
More than 50 Enterprise Ireland-supported R&D opportunities in Ireland.
Med in Ireland
companies participated on the mission,
spanning nine key sectors including digital 45 buyers from the Asia Pacific region
technologies, fintech, healthcare, construction, travelled to Dublin for the Med In Ireland Buyers to Ireland
engineering and consumer products. healthcare event in October, meeting and 190 buyers across all sectors spanning the
exploring partnership opportunities with Irish Asia Pacific region travelled to Ireland on
companies. Enterprise Ireland itineraries in 2017.
10 www.enterprise-ireland.com/en/export-assistance/Southern Europe, Middle East, Africa and India
€2.13bn
+6%
Arab Health 2017 Irish economic development expertise in
cooperation with Omani state partners. 8
Pat Breen T.D. Minister for Employment and
Enterprise Ireland-supported companies
Small Business led an Irish delegation of
exhibited at the Irish national stand at the
over 20 companies to Arab Health 2017, one
Dubai Air Show. Botany Weaving announced
of the world’s largest healthcare exhibitions.
that it had secured a multimillion dollar deal
12 Enterprise Ireland-backed companies
with a UAE airline to supply interior textiles.
joined the Irish stand including, Aerogen,
Fleming Medical, Kastus, Locatible, Miravex,
L-R: Minister Jim Daly TD, Eileen Duffy, Aerogen Vice President,
Novaerus, Sedana Medical, Syncrophi
Education Services – India, Ambassador of Ireland to the UAE Paul Kavanagh, H.E Dr
Systems, and 3D4 Medical. Fleming Medical Mohammed Al Zarooni, Director General of Dubai Airport
signed a multimillion euro deal with Muscat
Gulf and Nigeria Freezone, Dr. Tom Kelly, Enterprise Ireland, Saleh Al Nabulsi,
Education in Ireland continued to expand Aerogen Clinical Support Manager – Middle East.
Pharmacy for the distribution of their
products in Oman, while Aerogen was activities across the region, through
awarded for its patented vibrating mesh exhibitions and in-country visits by Irish HEIs.
India and the Gulf countries, particularly The Education in Ireland brand has gained
technology, establishing new partners across
Saudi Arabia, deliver largest numbers, traction in Nigeria and is yielding results in
the region.
counting 2,500 students from India, and both awareness and applications. 14 HEIs
3,000 from the Gulf, in Ireland in 2017. John participated in the 2017 edu fairs, compared
Trade Mission to UAE and Oman Halligan, Minister of State for Training and to 9 in previous visits. Students from the
Skills, led the largest education mission to region have an estimated in-country spend
32 Enterprise Ireland-supported companies
India to date. The mission focused on five of €200 million.
participated in a three-day trade mission
led by the then Tánaiste Frances Fitzgerald cities: Chennai, Bangalore, Kochi, New Delhi,
TD, with 11 business events and over 200 and Pune. Admission staff and academics
meetings with potential buyers arranged in from 16 Irish HEIs engaged with over 1,250
Dubai, Abu Dhabi, and Muscat. The Oman Indian students during the fairs.
visit deepened already extensive links with
the Sultanate, facilitating greater use of
www.enterprise-ireland.com/en/export-assistance/ 11Enterprise Ireland’s overseas teams are
based at 33 locations internationally Supporting the
internationalisation
of Irish businesses
Information on market
opportunities and
conditions
Introductions to
international buyers,
partners, investors,
mentors, consultants and
sales professionals
Itinerary planning to
maximise market visits
Promotion and
networking opportunities
through ministerial-led
trade missions, buyer
visits to Ireland, embassy
and other high-profile
in-market events, and
Ireland stands, pavilions
and client speaking
opportunities at major
industry expos
For more information on events and client supports which enable the delivery of the
Enterprise Ireland Corporate Strategy 2017-2020 visit www.enterprise-ireland.com
Enterprise Ireland, The Plaza, East Point Business Park, Dublin 3. Tel: (01) 727 2000
© Enterprise Ireland May 2018You can also read
