Israel - Tractors - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Israel - Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Tractor Price in Israel - 2023

Contents:

  1. Tractor Price in Israel (CIF) - 2022
  2. Tractor Price in Israel (FOB) - 2022
  3. Tractor Imports in Israel
  4. Tractor Exports in Israel

Tractor Price in Israel (CIF) - 2022

In 2022, the average tractor import price amounted to $42,024 per unit, remaining stable against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 175%. Over the period under review, average import prices attained the peak figure at $76,124 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($86,477 per unit), while the price for Turkey ($17,618 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+89.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Tractor Price in Israel (FOB) - 2022

The average tractor export price stood at $18,519 per unit in 2022, stabilizing at the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of 30% against the previous year. As a result, the export price reached the peak level of $35,091 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($56,000 per unit), while the average price for exports to Hong Kong SAR ($5,000 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Tractor Imports in Israel

In 2022, the amount of tractors imported into Israel fell to 2K units, which is down by -11.2% compared with the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of 2.3K units, and then contracted in the following year.

In value terms, tractor imports contracted to $85M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% 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 +49.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $96M, and then shrank in the following year.

Import of Tractor in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.311.917.617.014.6%
Germany11.418.113.312.53.1%
India3.20.55.410.649.1%
Netherlands13.39.96.310.4-7.9%
United States20.51.413.69.9-21.5%
Belgium5.15.24.47.312.7%
Turkey1.51.41.91.4-2.3%
Others8.38.333.615.723.7%
Total74.656.696.084.74.3%

Top Suppliers of Tractor to Israel in 2022:

  1. Italy (600.0 units)
  2. India (362.0 units)
  3. Netherlands (243.0 units)
  4. Germany (200.0 units)
  5. Belgium (156.0 units)
  6. United States (114.0 units)
  7. Turkey (79.0 units)

Tractor Exports in Israel

In 2022, the amount of tractors exported from Israel skyrocketed to 86 units, jumping by 23% against the previous year's figure. In general, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% 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 decreased by -19.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 43% against the previous year. As a result, the exports attained the peak of 107 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tractor exports surged to $1.6M in 2022. Overall, exports, however, continue to indicate a mild setback. The exports peaked at $1.9M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Tractor in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands58.055.413516842.5%
United Arab EmiratesN/AN/AN/A1120%
Palestine21.394.478.288.260.6%
Belgium6.952.120.032.367.3%
United StatesN/AN/A0.316.05233.3%
JordanN/A11785015.0-64.2%
Hong Kong SARN/AN/A18.25.0-72.5%
BulgariaN/AN/AN/A5.00%
Cote d'IvoireN/A1,082N/AN/A0%
GermanyN/A66.7N/AN/A0%
Tanzania495N/AN/AN/A0%
Angola2906.24.6N/A-87.4%
Others7954071881,15113.1%
Total1,6661,8811,2941,593-1.5%

Top Export Markets for Tractor from Israel in 2022:

  1. Netherlands (8.0 units)
  2. United States (3.0 units)
  3. United Arab Emirates (2.0 units)
  4. Palestine (2.0 units)
  5. Belgium (2.0 units)
  6. Jordan (1.0 units)
  7. Hong Kong SAR (1.0 units)
  8. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tractor market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28301000 - Pedestrian-controlled tractors
  • Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
  • Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
  • Prodcom 28925000 - (Crawler tractors) Track-laying tractors
  • Prodcom 29104300 - Road tractors for semi-trailers

Country coverage:

  • Israel

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Israel
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Tractors - Israel