Israel: Hat And Headgear Market 2024

Hat And Headgear Market Size in Israel

The Israeli hat and headgear market skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Exports

Exports from Israel

In 2022, shipments abroad of hats and other headgear increased by X% to X units, rising for the third consecutive year after three years of decline. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, hat and headgear exports soared to $X in 2022. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), Taiwan (Chinese) (X units) and Poland (X units) were the main destinations of hat and headgear exports from Israel, together accounting for X% of total exports. The UK, France, China, Australia, Germany and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and the UK ($X) were the largest markets for hat and headgear exported from Israel worldwide, together comprising X% of total exports. Taiwan (Chinese), France, China, Germany, Australia and Sweden lagged somewhat behind, together comprising a further X%.

China, 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 2022, the average hat and headgear export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hat and headgear export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Taiwan (Chinese) ($X 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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Hat And Headgear Imports

Imports into Israel

In 2022, approx. X units of hats and other headgear were imported into Israel; jumping by X% compared with the previous year's figure. In general, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports skyrocketed to $X in 2022. Over the period under review, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hat and headgear to Israel, with a X% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of hats and other headgear to Israel, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average hat and headgear import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then fell rapidly in the following year.

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

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

Source: IndexBox Platform

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