Israel: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Israel

The Israeli stone sawing machine market skyrocketed to $X in 2021, rising by 15% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Stone sawing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Stone Sawing Machine Production in Israel

In value terms, stone sawing machine production amounted to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Stone sawing machine production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Stone Sawing Machine Exports

Exports from Israel

In 2021, overseas shipments of sawing machines for working stone, ceramics and concrete increased by 42% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 52% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, stone sawing machine exports surged to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 70%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for stone sawing machine exports from Israel, with a 66% share of total exports. Moreover, stone sawing machine exports to the United States exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was taken by France (X units), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-0.8% per year) and France (+18.2% per year).

In value terms, the United States ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Israel, comprising 66% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 15% share of total exports. It was followed by France, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-0.4% per year) and France (+18.2% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, waning by -15.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then shrank rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2021, the countries with the highest prices were China ($X per unit) and the UK ($X per unit), while the average price for exports to France ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Israel

Stone sawing machine imports into Israel soared to X units in 2021, jumping by 52% on the year before. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 77% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 56%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of stone sawing machine to Israel, with a 64% share of total imports. Moreover, stone sawing machine imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The third position in this ranking was held by Sweden (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.5% per year) and Sweden (-2.1% per year).

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Israel, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with an 8.4% share of total imports. It was followed by Sweden, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.9% per year) and Sweden (-2.6% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, stabilizing at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 12% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per unit) and Austria ($X per unit), while the price for Turkey ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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