Price for Machines; Parts and Accessories, of Heading No. 8472 in Israel - 2024

Contents:

1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Israel (FOB) - 2022
2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Israel (CIF) - 2022
3. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Israel
4. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Israel

Price for Machines; Parts and Accessories, of Heading No. 8472 in Israel (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $89,189 per ton, reducing by -9% against the previous year. In general, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $116,323 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($90,909 per ton) and Zimbabwe ($89,253 per ton), while the average price for exports to the UK ($88,889 per ton) and Hong Kong SAR ($89,163 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 Austria (+2.5%), while the prices for the other major destinations experienced a decline.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Israel (CIF) - 2022

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $89,040 per ton, increasing by 12% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. The import price peaked at $97,721 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($90,909 per ton) and France ($89,147 per ton), while the price for the Netherlands ($89,013 per ton) and the UK ($89,026 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Israel

In 2022, approx. 55 tons of machines; parts and accessories, of heading no. 8472 were exported from Israel; surging by 90% on the year before. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 799% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $4.9M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 715% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Israel in 2022:

1. United States (42.1 tons)
2. China (4.6 tons)
3. Lesotho (1.5 tons)
4. Canada (0.7 tons)
5. Taiwan (Chinese) (0.6 tons)
6. Zimbabwe (0.5 tons)
7. Austria (0.2 tons)
8. United Kingdom (0.1 tons)

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Israel

In 2022, purchases abroad of machines; parts and accessories, of heading no. 8472 increased by 31% to 37 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of machines; parts and accessories, of heading no. 8472 surged to $3.3M in 2022. Overall, imports, however, continue to indicate a noticeable descent.

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Israel in 2022:

1. United States (10.1 tons)
2. Ireland (8.5 tons)
3. Italy (3.7 tons)
4. United Kingdom (2.3 tons)
5. Germany (2.2 tons)
6. Netherlands (1.4 tons)
7. Spain (1.2 tons)
8. China (0.9 tons)

Source: IndexBox Market Intelligence Platform