Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel - 2023

Contents:

1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel (FOB) - 2022
2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel (CIF) - 2022
3. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel
4. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel (FOB) - 2022

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $400 per unit, falling by -35.4% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44% against the previous year. The export price peaked at $753 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($400 per unit) and the United States ($400 per unit), while the average price for exports to Ecuador ($400 per unit) and Germany ($400 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-3.1%), while the prices for the other major destinations experienced a decline.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $543 per unit in 2022, rising by 35% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($556 per unit) and France ($550 per unit), while the price for the United States ($407 per unit) and Greece ($549 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel

For the fourth year in a row, Israel recorded growth in shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 29% to 46K units in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined rapidly to $19M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, the exports reached the peak of $22M, and then shrank notably in the following year.

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Israel in 2022:

1. United States (22.3K units)
2. Australia (10.1K units)
3. Mexico (2.8K units)
4. Germany (2.4K units)
5. Jamaica (2.0K units)
6. Ecuador (0.7K units)
7. Spain (0.7K units)

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Israel

In 2022, after three years of growth, there was significant decline in overseas purchases of heaters; instantaneous or storage water heaters, non-electric, other than gasses, when their volume decreased by -46.1% to 3.6K units. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 155%. As a result, imports attained the peak of 6.7K units, and then fell sharply in the following year.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted dramatically to $2M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 143%. As a result, imports attained the peak of $2.7M, and then declined sharply in the following year.

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Israel in 2022:

1. Greece (2077.0 units)
2. China (726.0 units)
3. Italy (344.0 units)
4. Germany (191.0 units)
5. United States (177.0 units)
6. France (60.0 units)
7. Turkey (36.0 units)

Source: IndexBox Market Intelligence Platform