Israel: Ride-On Compaction Equipment Market 2024

Ride-On Compaction Equipment Market Size in Israel

After two years of growth, the Israeli ride-on compaction equipment market decreased by X% to $X in 2022. Overall, consumption continues to indicate a mild shrinkage. Ride-on compaction equipment consumption peaked at $X in 2021, and then plummeted in the following year.

Ride-On Compaction Equipment Exports

Exports from Israel

In 2022, overseas shipments of ride-on compaction equipment increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ride-on compaction equipment exports reached $X in 2022. Over the period under review, exports posted a pronounced increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for ride-on compaction equipment exports from Israel, accounting for a X% share of total exports. Moreover, ride-on compaction equipment exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X units), twofold. Belgium (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 Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ride-on compaction equipment exports from Israel, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

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

Export Prices by Country

In 2022, the average ride-on compaction equipment export price amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per unit) and the United States ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) and Vietnam ($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 Ethiopia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Ride-On Compaction Equipment Imports

Imports into Israel

In 2022, after two years of growth, there was significant decline in overseas purchases of ride-on compaction equipment, when their volume decreased by X% to X units. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at X units in 2021, and then contracted notably in the following year.

In value terms, ride-on compaction equipment imports reduced markedly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest ride-on compaction equipment supplier to Israel, with a X% share of total imports. Moreover, ride-on compaction equipment imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold. The third position in this ranking was held by Sweden (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of ride-on compaction equipment to Israel, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Sweden (X% per year).

Import Prices by Country

The average ride-on compaction equipment import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Japan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform