Speed Changer Price in Israel - 2023
Contents:
- Speed Changer Price in Israel (CIF) - 2022
- Speed Changer Price in Israel (FOB) - 2022
- Speed Changer Imports in Israel
- Speed Changer Exports in Israel
Speed Changer Price in Israel (CIF) - 2022
The average speed changer import price stood at $20,051 per ton in 2022, standing approx. at the previous year. Overall, the import price showed a slight downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13%. The import price peaked at $22,936 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Spain ($22,039 per ton) and Turkey ($20,987 per ton), while the price for Romania ($17,248 per ton) and China ($18,996 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.
Speed Changer Price in Israel (FOB) - 2022
The average speed changer export price stood at $24,580 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 21%. The export price peaked at $24,766 per ton in 2021, and then reduced in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($28,255 per ton) and Japan ($28,051 per ton), while the average price for exports to the United States ($23,361 per ton) and China ($23,445 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 (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Israel
In 2022, imports of speed changers, industrial high-speed drives and gear into Israel stood at 4.3K tons, surging by 8.6% against 2021. The total import volume increased at an average annual rate of +2.6% over the period 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 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, speed changer imports amounted to $85M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Speed Changer in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.6 | 14.2 | 16.7 | 19.1 | 12.0% |
| United States | 17.6 | 10.1 | 17.1 | 18.8 | 2.2% |
| Italy | 8.2 | 8.0 | 9.7 | 9.4 | 4.7% |
| China | 5.3 | 3.6 | 6.4 | 8.7 | 18.0% |
| Japan | 2.5 | 1.8 | 3.4 | 3.6 | 12.9% |
| Romania | 0.5 | 0.5 | 3.0 | 3.0 | 81.7% |
| France | 3.6 | 3.4 | 3.7 | 2.9 | -7.0% |
| Spain | 2.5 | 2.4 | 3.5 | 2.9 | 5.1% |
| United Kingdom | 3.4 | 3.0 | 1.9 | 2.4 | -11.0% |
| India | 0.7 | 0.7 | 0.8 | 2.0 | 41.9% |
| Taiwan (Chinese) | 0.8 | 0.8 | 0.9 | 1.7 | 28.6% |
| Netherlands | 2.6 | 1.5 | 1.5 | 1.4 | -18.6% |
| Others | 6.0 | 9.5 | 10.1 | 9.3 | 15.7% |
| Total | 67.3 | 59.5 | 78.9 | 85.3 | 8.2% |
Top Suppliers of Speed Changer to Israel in 2022:
- Germany (971.4 tons)
- United States (903.7 tons)
- Italy (462.8 tons)
- China (456.6 tons)
- Romania (173.9 tons)
- Japan (171.5 tons)
- France (151.2 tons)
- Spain (133.1 tons)
- United Kingdom (117.4 tons)
- India (100.4 tons)
- Taiwan (Chinese) (84.0 tons)
- Netherlands (73.2 tons)
Speed Changer Exports in Israel
In 2022, overseas shipments of speed changers, industrial high-speed drives and gear were finally on the rise to reach 213 tons after two years of decline. In general, exports, however, recorded a abrupt shrinkage.
In value terms, speed changer exports soared to $5.2M in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment.
| Export of Speed Changer in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,177 | 2,603 | 2,033 | 2,920 | -11.2% |
| Austria | 2.0 | 25.0 | 133 | 327 | 446.8% |
| Japan | 188 | 277 | 112 | 322 | 19.6% |
| Romania | N/A | 1.0 | 48.0 | 243 | 1458.8% |
| China | 36.0 | 191 | 126 | 207 | 79.2% |
| Netherlands | 29.0 | 76.0 | 186 | 131 | 65.3% |
| United Kingdom | 84.0 | 150 | 544 | 128 | 15.1% |
| Spain | 218 | 55.0 | 81.0 | 120 | -18.0% |
| Russia | 44.0 | 8.0 | 25.0 | 100 | 31.5% |
| France | 18.0 | 64.0 | 77.0 | 99.0 | 76.5% |
| Czech Republic | 191 | 44.0 | 94.0 | 80.0 | -25.2% |
| Ghana | 1.0 | 2.0 | N/A | 79.0 | 329.1% |
| Germany | 1,633 | 74.0 | 144 | 77.0 | -63.9% |
| Others | 1,439 | 836 | 653 | 408 | -34.3% |
| Total | 8,060 | 4,406 | 4,256 | 5,241 | -13.4% |
Top Export Markets for Speed Changer from Israel in 2022:
- United States (125.0 tons)
- Austria (12.3 tons)
- Japan (11.5 tons)
- Romania (8.8 tons)
- China (8.8 tons)
- Netherlands (4.9 tons)
- United Kingdom (4.9 tons)
- Spain (4.2 tons)
- France (4.1 tons)
- Russia (3.9 tons)
- Ghana (3.3 tons)
- Czech Republic (3.3 tons)
- Germany (3.0 tons)
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