Pumps; Parts Thereof Price in Israel - 2023

Contents:

  1. Pumps; Parts Thereof Price in Israel (CIF) - 2022
  2. Pumps; Parts Thereof Price in Israel (FOB) - 2022
  3. Pumps; Parts Thereof Imports in Israel
  4. Pumps; Parts Thereof Exports in Israel

Pumps; Parts Thereof Price in Israel (CIF) - 2022

The average pumps; parts thereof import price stood at $28,289 per ton in 2022, falling by -4.4% against the previous year. Overall, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 5.3%. As a result, import price reached the peak level of $35,678 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($28,289 per ton) and India ($28,289 per ton), while the price for France ($28,289 per ton) and the UK ($28,289 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 (-1.8%), while the prices for the other major suppliers experienced a decline.

Pumps; Parts Thereof Price in Israel (FOB) - 2022

The average pumps; parts thereof export price stood at $33,022 per ton in 2022, reducing by -40.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $55,660 per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($60,729 per ton), while the average price for exports to Russia ($6,950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Israel

In 2022, supplies from abroad of pumps; parts thereoves was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pumps; parts thereof imports stood at $37M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pumps; Parts Thereof in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.27.67.37.2-7.8%
Germany4.75.45.77.014.2%
China5.44.24.74.4-6.6%
South Korea0.30.41.13.9135.1%
United Kingdom2.02.12.03.217.0%
Italy3.82.92.72.9-8.6%
Turkey1.31.81.61.2-2.6%
Netherlands2.21.21.00.8-28.6%
Spain0.80.60.90.7-4.4%
Denmark0.20.20.20.644.2%
India0.30.10.50.626.0%
France0.61.20.60.60.0%
Hong Kong SAR0.80.61.20.1-50.0%
Others3.14.33.73.43.1%
Total34.732.633.236.61.8%

Top Suppliers of Pumps; Parts Thereof to Israel in 2022:

  1. United States (253.9 tons)
  2. Germany (247.4 tons)
  3. China (155.9 tons)
  4. South Korea (139.5 tons)
  5. United Kingdom (112.7 tons)
  6. Italy (101.0 tons)
  7. Turkey (42.2 tons)
  8. Netherlands (26.7 tons)
  9. Spain (25.7 tons)
  10. Denmark (21.9 tons)
  11. France (21.2 tons)
  12. India (20.6 tons)
  13. Hong Kong SAR (4.8 tons)

Pumps; Parts Thereof Exports in Israel

Pumps; parts thereof exports from Israel shrank slightly to 37 tons in 2022, with a decrease of -4.2% on 2021. Overall, exports saw a dramatic shrinkage.

In value terms, pumps; parts thereof exports dropped significantly to $1.2M in 2022. In general, exports saw a precipitous decrease. The smallest decline of -19.3% was in 2021.

Export of Pumps; Parts Thereof in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4544971,201688-22.1%
RussiaN/AN/AN/A78.00%
KenyaN/A1.02.046.0578.2%
Germany57727116846.0-57.0%
PeruN/A4.04.045.0235.4%
Australia58937840340.0-59.2%
Belgium1,312169N/A39.0-69.0%
China10.010632.036.053.3%
SenegalN/A5.0N/A34.0160.8%
South Korea81.950.0N/A27.0-30.9%
PanamaN/AN/AN/A9.00%
BotswanaN/AN/AN/A7.00%
India1952.010.01.0-82.8%
Others9781,205350137-48.1%
Total5,1972,6882,1691,233-38.1%

Top Export Markets for Pumps; Parts Thereof from Israel in 2022:

  1. India (undefined tons)
  2. United States (11.6 tons)
  3. Russia (11.2 tons)
  4. Senegal (4.2 tons)
  5. Belgium (1.2 tons)
  6. Panama (1.1 tons)
  7. South Korea (0.9 tons)
  8. Botswana (0.9 tons)
  9. Kenya (0.8 tons)
  10. Germany (0.8 tons)
  11. Australia (0.7 tons)
  12. Peru (0.7 tons)
  13. China (0.6 tons)

Source: IndexBox Market Intelligence Platform

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