Israel: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Israel

The Israeli food manufacture machinery market amounted to $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Food manufacture machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Food Manufacture Machinery Production in Israel

In value terms, food manufacture machinery production expanded markedly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Food manufacture machinery production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Food Manufacture Machinery Exports

Exports from Israel

In 2022, food manufacture machinery exports from Israel soared to X units, growing by X% compared with the year before. In general, exports, however, showed a abrupt decrease. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, food manufacture machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for food manufacture machinery exports from Israel, with a X% share of total exports. Moreover, food manufacture machinery exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was held by Ukraine (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Ukraine (X% per year).

In value terms, Belgium ($X) remains the key foreign market for machinery for the preparation or manufacture of food or drink exports from Israel, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average food manufacture machinery export price amounted to $X per unit, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($X per unit) and the United States ($X per unit), while the average price for exports to Germany ($X per unit) and Belgium ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Israel

In 2022, approx. X units of machinery for the preparation or manufacture of food or drink were imported into Israel; shrinking by X% on the year before. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, food manufacture machinery imports reduced dramatically to $X in 2022. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Italy (X units), Sweden (X units) and China (X units) were the main suppliers of food manufacture machinery imports to Israel, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery suppliers to Israel were Italy ($X), Sweden ($X) and China ($X), together accounting for X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average food manufacture machinery import price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per unit) and China ($X per unit), while the price for Denmark ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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