Israel: Market for Instrument Panel And Wall Clocks 2024

Market Size for Instrument Panel And Wall Clocks in Israel

After four years of growth, the Israeli market for instrument panel and wall clocks decreased by X% to $X in 2020. The market value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Instrument panel and wall clock consumption peaked at $X in 2019, and then dropped in the following year.

Production of Instrument Panel And Wall Clocks in Israel

In value terms, instrument panel and wall clock production shrank significantly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Instrument panel and wall clock production peaked at $X in 2019, and then dropped dramatically in the following year.

Exports of Instrument Panel And Wall Clocks

Exports from Israel

In 2020, after two years of growth, there was significant decline in overseas shipments of instrument panel and wall clocks, when their volume decreased by X% to X units. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019, and then reduced dramatically in the following year.

In value terms, instrument panel and wall clock exports skyrocketed to $X in 2020. Overall, exports, however, saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Palestine (X units) and Montenegro (X units) were the main destinations of instrument panel and wall clock exports from Israel, with a combined X% share of total exports. The UK, Germany and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for instrument panel and wall clock exported from Israel were Hong Kong SAR ($X), the UK ($X) and Palestine ($X), with a combined X% share of total exports.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for instrument panel and wall clocks amounted to $X per unit, jumping by X% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Montenegro ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Israel

In 2020, after two years of growth, there was significant decline in overseas purchases of instrument panel and wall clocks, when their volume decreased by X% to X units. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2019, and then fell rapidly in the following year.

In value terms, instrument panel and wall clock imports declined to $X in 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of instrument panel and wall clock to Israel, with a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. The third position in this ranking was taken by Hong Kong SAR (X units), with a X% share.

From 2012 to 2020, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Israel, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2020, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The import price peaked at $X per unit in 2015; however, from 2016 to 2020, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Cyprus (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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