Price for Machinery; Parts of the Machinery of Heading No. 8427 in Israel - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Israel (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Israel (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Israel
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Israel

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Israel (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $12,669 per ton, picking up by 20% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $15,667 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($12,669 per ton) and the United States ($12,669 per ton), while the price for Italy ($12,669 per ton) and France ($12,669 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Israel (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $11,346 per ton, shrinking by -21.4% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. The export price peaked at $16,672 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($11,347 per ton) and Serbia ($11,347 per ton), while the average price for exports to Jordan ($11,340 per ton) and the UK ($11,342 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.1%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Israel

In 2022, imports of machinery; parts of the machinery of heading no. 8427 into Israel amounted to 940 tons, leveling off at the previous year's figure. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 surged to $12M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of the Machinery of Heading No. 8427 in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,0861,5181,9622,3604.2%
Belgium3241,3868162,06085.3%
Netherlands6981,3043741,98541.7%
Italy1,4931,1961,7111,7946.3%
China9855781,5541,62418.1%
Sweden1,1381,389843597-19.3%
France3303512423502.0%
United States632194696166-36.0%
United Kingdom335327328106-31.9%
Others9037611,347870-1.2%
Total8,9249,0049,87311,91210.1%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Israel in 2022:

  1. Germany (186.3 tons)
  2. Belgium (162.6 tons)
  3. Netherlands (156.7 tons)
  4. Italy (141.6 tons)
  5. China (128.2 tons)
  6. Sweden (47.1 tons)
  7. France (27.6 tons)
  8. United States (13.1 tons)
  9. United Kingdom (8.4 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Israel

In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Israel surged to 8.8 tons, rising by 235% compared with the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 surged to $100K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A2.029.01350.0%
Netherlands9.019.019.023.036.7%
SerbiaN/AN/AN/A23.00%
JordanN/A1.0N/A11.0231.7%
United States8.0N/A2.06.0-9.1%
United KingdomN/A8.0N/A6.0-13.4%
Sweden3.0N/AN/A1.0-30.7%
Cote d'Ivoire6.0N/AN/AN/A0%
Belgium10.016.0N/AN/A60.0%
AustraliaN/AN/A14.0N/A0%
Others3.02.01.01.0-30.7%
Total39.046.038.010036.9%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Israel in 2022:

  1. India (2.6 tons)
  2. Netherlands (2.0 tons)
  3. Serbia (2.0 tons)
  4. Jordan (1.0 tons)
  5. United States (0.5 tons)
  6. United Kingdom (0.5 tons)
  7. Sweden (0.1 tons)

Source: IndexBox Market Intelligence Platform

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