According to a survey, more than eight out of ten companies are planning to enter the new international market in the next 12 months, despite continuous issues on supplementary chains, inflation, and energy costs. Enterprise Ireland Client company of International Markets Week.
More than one -third of respondents (35%) are the main issues of business in the next six months, and 32% are concerned about supply chains, prices, and energy costs. It was expressed and one quarter (26%) was listed. Lack of human resources is the biggest issue.
However, the respondents say that the future is clearly optimistic, and 9 out of 10 people (91%) expect to increase exports next year. Approximately 59% answered that this year’s export sales have increased, and 32% are stable.
“Business optimism has overcome recent various obstacles, including Blegjits and COVID-19, and is currently facing various trade issues in response to the uncertainty surrounding war. It is a achievement of innovation and flexibility. Ukraine. ” Leo ClancyEnterprise Irish CEO.
“It is important that the current inflation pressure, especially the rise in energy costs, does not hinder its recovery, and we continue to support employment opportunities in all areas and continue to expand.
“ENTERPRISE IRELAND continues to support clients to deal with these issues. We have a core program aimed at dealing with energy costs. Will continue to consider how to support companies. “
Approximately 84% of client companies plan to enter a new market in 2023, of which 62% state that the largest priority in the next 12 months will increase their presence in overseas markets. increase.
One -third of companies planning to enter a new international market next year stated that North America was the priority market in 2023, and 27% gave priority to Europe, one in five (19). %) Is the UK.
Almost three (74%) of the companies to be investigated are considered to be an important factor in acquiring environmental certification with sustainable policies when competing for new businesses overseas. said.
“Brexit, COVID-19, and the difficulties caused by the recent market instability and consumer trust, but the strengths of Irish companies are looking for new opportunities to sell internationally. It is very encouraging that you continue to show you resilience and adaptability, “said the Minister.State for business, employment, retail Damian English.
“To support Irish companies and survive uncertain time was the priority of this government. I am happy to focus on exports. Next year’s world.
“International Markets Week offers a great opportunity for Irish companies to move forward to the ambition of expanding, innovating, and diversifying.”
Approximately 600 client companies will participate in one -on -one engagement focusing on 1,800 exports with enterprise Irish market advisors at the International Market Week (IMW).
More than 130 advisors from 40 overseas offices in Enterprise Ireland have been participating in an annual event focusing on exports directly returned to RDS until this Saturday (October 15) since 2019.
IMW IMW Irish companies can also access Global Ambitation Hubs in Enterprise Ireland, which can access experts on sustainability, digitalization, strategic partnerships, human resources, growth capital, and market information.
“Irish exporters have reported an increase in exports last year in the backdrop of the global economic environment for the next 12 months and a severe global economic environment for companies.
“In the past in 2022, we have seen the support of Enterprise Ireland, and has seen a total of 882 new contracts in the difficult economic situation and establishing 325 overseas presence. .
“Irish companies that are resilient and focus on internationally in line with Enterprise Ireland’s strategy,” Leading the Changed World “will be the core of the Ireland economy. Enterprise Ireland will change. I am proud to be able to support their ambitions throughout the times. “
(Photo: Getty Image)
