Israel - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Israel - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Instruments for Measuring Electrical Quantities in Israel - 2023

Contents:

  1. Price for Instruments for Measuring Electrical Quantities in Israel (CIF) - 2022
  2. Price for Instruments for Measuring Electrical Quantities in Israel (FOB) - 2022
  3. Imports of Instruments for Measuring Electrical Quantities in Israel
  4. Exports of Instruments for Measuring Electrical Quantities in Israel

Price for Instruments for Measuring Electrical Quantities in Israel (CIF) - 2022

The average import price for instruments for measuring electrical quantities stood at $20 per unit in 2022, rising by 4.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 47%. As a result, import price attained the peak level of $27 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($26 per unit) and India ($21 per unit), while the price for Romania ($18 per unit) and Hong Kong SAR ($18 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Instruments for Measuring Electrical Quantities in Israel (FOB) - 2022

The average export price for instruments for measuring electrical quantities stood at $22 per unit in 2022, leveling off at the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $23 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($22 per unit) and Vietnam ($22 per unit), while the average price for exports to South Korea ($22 per unit) and Finland ($22 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 Mexico (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instruments for Measuring Electrical Quantities in Israel

For the fourth year in a row, Israel recorded growth in purchases abroad of instruments for measuring electrical quantities, which increased by 1.8% to 823K units in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 67%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, instruments for measuring electrical quantities imports expanded rapidly to $16M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Instruments for Measuring Electrical Quantities in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,2232,1693,8083,206-0.2%
Germany1,2111,8341,6862,82532.6%
China1,4321,2552,5182,06312.9%
Malaysia777N/A1,5111,39521.5%
India10.014.02381,380416.8%
United Kingdom4436818235507.5%
Hong Kong SAR3562081594336.7%
France2811,58861240212.7%
Poland80.022626629254.0%
Canada71.023421629160.0%
Romania4.06.0717264304.1%
Others2,6563,3802,6083,0875.1%
Total10,54411,59515,16216,18815.4%

Top Suppliers of Instruments for Measuring Electrical Quantities to Israel in 2022:

  1. United States (163.4K units)
  2. Germany (150.5K units)
  3. China (80.5K units)
  4. Malaysia (70.3K units)
  5. India (64.7K units)
  6. United Kingdom (28.0K units)
  7. Hong Kong SAR (23.8K units)
  8. France (20.9K units)
  9. Canada (15.8K units)
  10. Poland (14.8K units)
  11. Romania (14.6K units)

Exports of Instruments for Measuring Electrical Quantities in Israel

Instruments for measuring electrical quantities exports from Israel skyrocketed to 839K units in 2022, jumping by 258% against 2021 figures. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, instruments for measuring electrical quantities exports soared to $19M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Instruments for Measuring Electrical Quantities in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR26.020.02224,726466.5%
Vietnam31.09.0N/A3,761395.0%
Mexico30.028.01183,315379.9%
Hungary4.03462441,951687.2%
China87838884.21,61922.6%
United States1,154690910535-22.6%
Finland1.010.08.0379623.7%
United Kingdom372502392286-8.4%
Germany32311110487.0-35.4%
Others1,3851,4493,1982,09814.8%
Total4,2043,5535,28118,75764.6%

Top Export Markets for Instruments for Measuring Electrical Quantities from Israel in 2022:

  1. Hong Kong SAR (212.9K units)
  2. Vietnam (169.4K units)
  3. Mexico (149.7K units)
  4. Hungary (88.1K units)
  5. China (73.1K units)
  6. United States (23.9K units)
  7. Finland (17.1K units)
  8. United Kingdom (10.8K units)
  9. Germany (3.6K units)

This report provides an in-depth analysis of the market for instruments for measuring electrical quantities 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 26514310 - Multimeters
  • Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
  • Prodcom 26514355 - Voltmeters
  • Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
  • Prodcom 26514300 -

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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