Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $79 per unit, remaining stable against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $135 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($189 per unit), while the price for Spain ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.8%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $195 per unit, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 65%. As a result, the export price attained the peak level of $220 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($325 per unit), while the average price for exports to Canada ($43 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 Germany (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel

In 2022, the amount of electric motors and generators imported into Israel reached 425K units, surging by 12% on the previous year's figure. Over the period under review, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports of hit record highs at 655K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric motors and generators rose markedly to $34M in 2022. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked at $58M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.87.112.86.5-41.1%
United States9.26.15.36.1-12.8%
Switzerland2.22.81.93.516.7%
Germany1.91.92.13.219.0%
South Korea5.50.41.01.4-36.6%
Italy1.01.21.51.26.3%
Spain0.40.10.61.244.2%
Japan0.70.40.40.84.6%
Taiwan (Chinese)0.20.50.40.535.7%
France0.41.00.30.57.7%
Others4.64.64.38.924.6%
Total57.926.230.633.7-16.5%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Israel in 2022:

  1. China (165.7K units)
  2. Spain (52.8K units)
  3. Italy (51.5K units)
  4. United States (41.9K units)
  5. Switzerland (24.2K units)
  6. Germany (17.8K units)
  7. Japan (16.4K units)
  8. France (14.1K units)
  9. Taiwan (Chinese) (12.1K units)
  10. South Korea (7.3K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel

Exports of electric motors and generators from Israel skyrocketed to 5.7K units in 2022, with an increase of 25% compared with the previous year's figure. Over the period under review, exports recorded prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 116%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of electric motors and generators soared to $1.1M in 2022. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 110%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.023.024226589.4%
Germany3.928.840.780.6174.4%
Switzerland13.97.814.270.671.9%
South Korea1.310.48.367.5273.1%
Palestine16.34.78.260.054.4%
Austria16232.010758.2-28.9%
Dominican Republic73.028.448.454.2-9.4%
Canada1.70.81.547.1202.6%
France39.43.317.642.52.6%
Ghana1.315.930.638.7209.9%
Netherlands3.91.015.236.8111.3%
Turkey11.810.921.127.732.9%
Argentina1.71.31.010.080.5%
Others378257338254-12.4%
Total7474258941,11314.2%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Israel in 2022:

  1. Canada (1108.0 units)
  2. United States (1011.0 units)
  3. Netherlands (632.0 units)
  4. Switzerland (409.0 units)
  5. Germany (248.0 units)
  6. South Korea (239.0 units)
  7. France (235.0 units)
  8. Palestine (213.0 units)
  9. Austria (207.0 units)
  10. Dominican Republic (192.0 units)
  11. Turkey (165.0 units)
  12. Ghana (137.0 units)
  13. Argentina (105.0 units)

Source: IndexBox Market Intelligence Platform

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