Israel - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Israel - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Electric Heating Equipment Price in Israel - 2023

Contents:

  1. Electric Heating Equipment Price in Israel (CIF) - 2022
  2. Electric Heating Equipment Price in Israel (FOB) - 2022
  3. Electric Heating Equipment Imports in Israel
  4. Electric Heating Equipment Exports in Israel

Electric Heating Equipment Price in Israel (CIF) - 2022

The average electric heating equipment import price stood at $109 per unit in 2022, jumping by 65% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric heating equipment import price increased by +107.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($197 per unit), while the price for Turkey ($63 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Heating Equipment Price in Israel (FOB) - 2022

In 2022, the average electric heating equipment export price amounted to $96 per unit, increasing by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($141 per unit), while the average price for exports to Hong Kong SAR ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Equipment Imports in Israel

After three years of growth, purchases abroad of electric space heating apparatus and soil heating apparatus decreased by -40.6% to 239K units in 2022. Overall, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 403K units, and then declined notably in the following year.

In value terms, electric heating equipment imports contracted modestly to $26M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. Imports peaked at $27M in 2021, and then contracted slightly in the following year.

Import of Electric Heating Equipment in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.715.722.218.018.9%
Turkey0.90.81.32.132.6%
Hong Kong SAR0.10.60.41.9166.8%
United Kingdom0.20.30.20.965.1%
France0.50.40.40.66.3%
PolandN/AN/AN/A0.30%
Italy0.10.20.20.226.0%
Others1.31.72.02.117.3%
Total13.819.726.726.123.7%

Top Suppliers of Electric Heating Equipment to Israel in 2022:

  1. China (145.4K units)
  2. Turkey (33.8K units)
  3. United Kingdom (14.7K units)
  4. Hong Kong SAR (9.6K units)
  5. France (9.1K units)
  6. Poland (4.1K units)
  7. Italy (3.8K units)

Electric Heating Equipment Exports in Israel

In 2022, approx. 4.4K units of electric space heating apparatus and soil heating apparatus were exported from Israel; with an increase of 8.8% against the year before. In general, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 73%. The exports peaked at 6.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electric heating equipment exports surged to $418K in 2022. Overall, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 78%. The exports peaked at $629K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Heating Equipment in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.015.121.284.073.8%
China1.03.0N/A53.0275.6%
Canada2.042.090.149.0190.4%
NetherlandsN/A15.02.044.071.3%
Germany29.025.050.129.00.0%
United Kingdom11.122.918.520.021.7%
CyprusN/AN/AN/A19.00%
Hong Kong SARN/AN/A2.016.0700.0%
PhilippinesN/AN/AN/A13.00%
United States9.836.362.611.03.9%
Ireland10.0N/AN/A8.0-7.2%
BelgiumN/A6.018.07.08.0%
Italy337N/AN/AN/A0%
Others21336.795.565.0-32.7%
Total629202360418-12.7%

Top Export Markets for Electric Heating Equipment from Israel in 2022:

  1. France (798.0 units)
  2. Hong Kong SAR (626.0 units)
  3. Canada (604.0 units)
  4. China (590.0 units)
  5. Netherlands (474.0 units)
  6. Germany (349.0 units)
  7. Cyprus (174.0 units)
  8. Philippines (143.0 units)
  9. United Kingdom (142.0 units)
  10. United States (107.0 units)
  11. Belgium (77.0 units)
  12. Ireland (75.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric heating equipment market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27512630 - Electric storage heating radiators
  • Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
  • Prodcom 27512690 - Other electric space heaters

Country coverage:

  • Israel

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Israel
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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