Displaying items by tag: New Markets

12th October 2022

Irish Exporters Plan to Enter New Markets Despite Uncertainty in Global Markets

Uncertainty in global markets, energy and supply chain issues and skills shortages were among the top challenges cited by exporters ahead of Enterprise Ireland's International Markets Week.

As RTE News highlighted, 600 EI client companies are expected to take part in 1,800 export focused one-to-one engagements with Enterprise Ireland Market Advisors at the event which will happen in-person this year for the first time since 2019.

A survey of client companies in advance of the event found that 84% plan to enter new export markets over the next year with over 90% saying they expected to grow their exports, despite ongoing market uncertainty and concerns around as supply chains, energy costs and inflation.

Around three in five said their export sales had increased this year while around a third said they had remained stable.

For around two thirds of companies, growing their overseas market presence was their biggest priority for the year ahead.

Of those planning to enter new markets next year, one-third said North America was the priority destination for them in 2023, with 27% prioritising Europe and one-in-five citing the UK (see, EI's trade visit last year to Port of Liverpool /region).

Click here for further reading on the trade and export story.

Published in Ports & Shipping

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About the Watersports Inclusion Games

The Watersports Inclusion Games are an award-winning event organised by Irish Sailing with partners from across the watersports sector, that enable people of all abilities from the physical, sensory, intellectual and learning spectrums to take to the water to participate in a wide range of water activities.

More than 250 people with physical, sensory, intellectual and learning disabilities typically take part in the weekend's events.

Participants will have the opportunity to try more sports than ever before, with an expanded range including sailing, kayaking, canoeing, paddle-boarding, rowing, surfing, water skiing and powerboating all on offer.

The Games typically take place each August.

The organisers of the Games want to let people of all abilities know that there are multiple watersports available to them, and to encourage more people from all backgrounds to get involved and out on the water regardless of ability. They aim to highlight that any barriers faced by people with disabilities can be eliminated.

There are social, health and wellness benefits associated with sailing and all watersports. These include improved muscle strength and endurance, improved cardiovascular fitness and increased agility, enhanced spatial awareness, greater mental wellness through the balancing of serotonin levels and the lowering of stress levels, improved concentration and the forging of positive relationships.