Price for Non-Furniture Refrigerating or Freezing Equipment in Israel - 2023

Contents:

1. Price for Non-Furniture Refrigerating or Freezing Equipment in Israel (CIF) - 2022
2. Price for Non-Furniture Refrigerating or Freezing Equipment in Israel (FOB) - 2022
3. Imports of Non-Furniture Refrigerating or Freezing Equipment in Israel
4. Exports of Non-Furniture Refrigerating or Freezing Equipment in Israel

Price for Non-Furniture Refrigerating or Freezing Equipment in Israel (CIF) - 2022

In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $248 per unit, rising by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 when the average import price increased by 11% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($240 per unit) and China ($240 per unit), while the price for South Korea ($240 per unit) and France ($240 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in Israel (FOB) - 2022

The average export price for non-furniture refrigerating or freezing equipment stood at $211 per unit in 2022, with a decrease of -21.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 46% against the previous year. The export price peaked at $268 per unit in 2021, and then fell rapidly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($244 per unit) and Jordan ($244 per unit), while the average price for exports to South Korea ($244 per unit) and the UK ($244 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 Ukraine (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Furniture Refrigerating or Freezing Equipment in Israel

In 2022, the amount of non-furniture refrigerating or freezing equipment imported into Israel stood at 599K units, picking up by 4.4% on the year before. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, non-furniture refrigerating or freezing equipment imports reached $149M 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 +17.4% 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 +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Israel in 2022:

1. Italy (147.1K units)
2. China (135.8K units)
3. France (120.4K units)
4. United States (89.0K units)
5. Germany (25.7K units)
6. Turkey (23.8K units)
7. Ireland (12.8K units)
8. South Korea (10.5K units)
9. Japan (5.8K units)

Exports of Non-Furniture Refrigerating or Freezing Equipment in Israel

In 2022, the amount of non-furniture refrigerating or freezing equipment exported from Israel surged to 60K units, with an increase of 31% on 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, non-furniture refrigerating or freezing equipment exports stood at $13M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Israel in 2022:

1. United States (12.8K units)
2. United Kingdom (12.1K units)
3. South Korea (9.9K units)
4. France (6.2K units)
5. Germany (6.1K units)
6. Jordan (3.2K units)

Source: IndexBox Market Intelligence Platform