eIrish Market Reports
King Trito Fisher
In this article, I will strive to give the people of eIreland a report on the health of our markets. I will give each product its market grade on a scale from F to A. Afterwards, I will give my advice to make the economic conditions of that specific market healthier. Please offer me ideas in the comment section and make sure to point out any flaws in my logic (no one's perfect!).
The Food Market
Q1 Price: 0.09-0.10 CC.... at world average
Q2 Price: 0.23 CC.....too high
Q3 Price: 0.29-0.30 CC......too high
Q4 Price: 0.40 CC.....too high
Q5 Price: 0.60 CC...... too high
Q6 Price: N/A.........no products for sale
Q7 Price: 1.60 CC......too high
I would say that there is a healthy mixture of imported food and domestic food.
However, the prices for every food quality except Q1 are too high in comparison with healthy markets elsewhere (i.e. the eUSA). Thus, the market is not competitive overall. Grade: C-
The Fix:
The work tax is as low as possible in eIreland (1
😵, so this should not hamper profitability. However, the VAT for food in eIreland is unnecessarily high (10
😵, and this may create higher prices overall, which may lead to Irish consumers buying food in foreign markets. The import tax doesn't seem to affect the number of foreign sellers on the market. Thus, I would change the VAT to 5%. That's all.
The Weapon Market
Q1 Price: 0.06-0.08 CC.... at world average
Q2 Price: 0.10-0.11 CC.....at world average
Q3 Price: 0.23 CC......at world average
Q4 Price: 0.72 CC.....too high
Q5 Price: 2.11 CC...... reasonable
Q6 Price: 10 CC.........much too high
Q7 Price: 14.47 CC......reasonable
I would say that there is a low amount of foreign weapons. This may be good for domestic producers, so there shouldn't be anything to worry about.
Compared with the food market, the prices for weapons in eIreland are much more competitive, most are reasonable. This is probably due to our best ever weapons bonus.
🙂Grade: A-
The Fix:
There isn't much to do here, since it is a pretty healthy market. If I were forced to do something, I would probably raise the import tax to 30%
just to make sure that domestic production can compete.
The Housing Market
Q1 Price: 600 CC.... at world average
Q2 Price: 1500 CC.....too high
Q3 Price: 2300 CC......at world average
Q4 Price: 5700 CC.....too high
Q5 Price: 6900 CC...... reasonable
There are very few houses for sale on the Irish market, domestic production is minimal, and few foreigners are selling their houses here. We have to change that to have a safer and more stable market.
The government recently lowered the VAT to 1% for houses, this should reduce prices over time and increase the number on the market, but more must be done. Grade: C
The Fix:
The import tax should be lowered to 5% to encourage foreigners to sell their houses here and increase supply.
The Raw Material Market
FRM: 0.04 CC......at world average
HRM: 0.38 CC ..........too high
WRM: 0.04 CC..........at world average
There are very few importers of raw materials into eIreland, and that's better for domestic producers. At the same time, there isn't any problem with the food and weapon raws markets. I give these markets a grade of A+
ON the other hand....
Housing Raws is absolutely terrible!
At .38CC, and with only 3 offers, it is the unhealthiest market in eIreland.
Grade: F
The fix for this is to lower the import tax to 1% to attract foreign sellers.
Thank you for reading, and of course, be sure to tell me if I'm right or wrong in the comment section.
-Trito Fisher
Comments
irish cannot produce food because tw in cork so don't be surprised.
And the TW will soon be over
Few more hours and it won't happen again :3
Expect food prices to keep rising due to being unable to produce food due to tw in food production area. Apparently gold is more important than food according to sluagh and sw33r.
technically im arguing both are important. ppl saying that the TW should be ended are saying that only one is important.
I like this report.
Agree with you about food taxes being too high, atm because our food production is cut off. the rates felt pretty good when native production is flowing. Considered lowering the rates to 1% but then remembered an eIrish can import stock anyway, which was way quicker 😛
i don't think any small nation should be judged on their mid-range housing or weapons markets.
you cant factor q6-q7 food in! the q7 food factory is the worst investment in this game hands down.
housing and aeronautics are weird ones though: nobody should be building these factories on Irish soil. i'd like to see low taxes encourage an affordable house market in eIreland, but there shouldn't really be a house/airplane raw market here.
Loved this article.
Please write more often!
Great article! Well done!
Two comments:
1. In my humble opinion, there are way too few offers on the market and my secon comment is based on this observation:
2. Those who became eIrish after being a citizen of another eCountry, are not able to post their offers on the eIrish market... Offers will appear on the market of the original nationality. 🙁
However, I am still considering buying license to eIrish market...
V+S+C+E of course! 🙂
You will need to purchase a license to sell on the market if goods are not produced here.
That is going to be 20 gold... Painful. 🙁
Thanks for the article.
I have already made my feelings known about being unable to produce from my food factories in Cork. I was told it wouldn't happen again, but then it did happen again 🙁