Israel: Loading Machinery Market 2024

Loading Machinery Market Size in Israel

The Israeli loading machinery market contracted modestly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Loading Machinery Production in Israel

In value terms, loading machinery production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Loading Machinery Exports

Exports from Israel

In 2022, overseas shipments of lifting, handling, loading or unloading machinery decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then fell in the following year.

In value terms, loading machinery exports dropped notably to $X in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The United States (X units) was the main destination for loading machinery exports from Israel, accounting for a X% share of total exports. Moreover, loading machinery exports to the United States exceeded the volume sent to the second major destination, India (X units), threefold. Taiwan (Chinese) (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the United States ($X) remains the key foreign market for lifting, handling, loading or unloading machinery exports from Israel, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average loading machinery export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price recorded a mild slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per unit) and Mexico ($X per unit), while the average price for exports to Slovenia ($X per unit) and the UK ($X per unit) were amongst the lowest.

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

Loading Machinery Imports

Imports into Israel

After three years of growth, supplies from abroad of lifting, handling, loading or unloading machinery decreased by X% to X units in 2022. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, loading machinery imports shrank to $X in 2022. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of loading machinery to Israel, with a X% share of total imports. Moreover, loading machinery imports from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. The third position in this ranking was taken by the United States (X units), with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of lifting, handling, loading or unloading machinery to Israel, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with an X% share of total imports. It was followed by the United States, with an X% share.

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

Import Prices by Country

In 2022, the average loading machinery import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per unit) and Slovakia ($X per unit), while the price for Switzerland ($X per unit) and India ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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