Forecast: manufacture of sports goods revenue in Ireland 2010-2022| ��ƽ��

Manufacture of sports goods revenue in Ireland from 2010 to 2022 (in million U.S. dollars)

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

The industry classification is based on the NACE Rev. 2 - system in Ireland. The industry “manufacture of sports goods“ has the code “C323“.

Details on the methodology can be found here.

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Ireland for long has enjoyed the reputation of being a great sporting nations having excelled in Rugby and Football among others. The country’s sporting industry has also become a lucrative investment for the government that is increasing its spending on national governing bodies such as Special Olympics Ireland, Athletics Ireland and Swim Ireland. According to a study by Investec, for every 100 Euros invested in sports, the government generates up to *** Euros in tax revenue. The industry also generates robust returns through channels such as domestic broadcasting, gate receipts and sponsorship deals.

Despite the growing popularity of sports in the country, the manufacturing of sports goods is expected to witness a marginal decline over the medium term, from **** million U.S. dollars in 2017 to million U.S. dollars in 2022. This is however not a reflecting of the industry’s popularity but a sharp fall in consumer demand and export orders due to Brexit.