Israel: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Israel

After two years of decline, the Israeli wood slicing machine market increased by 3.8% to $X in 2021. The market value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Wood Slicing Machine Production in Israel

In value terms, wood slicing machine production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 34% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Wood Slicing Machine Exports

Exports from Israel

In 2021, overseas shipments of splitting, slicing or paring machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a sharp downturn. The growth pace was the most rapid in 2016 with an increase of 118%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports rose slightly to $X in 2021. Over the period under review, exports, however, saw a dramatic slump. The growth pace was the most rapid in 2016 when exports increased by 74%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Palestine (X units) was the main destination for wood slicing machine exports from Israel, with a 97% share of total exports. Moreover, wood slicing machine exports to Palestine exceeded the volume sent to the second major destination, China (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Palestine amounted to -26.3%.

In value terms, Palestine ($X) and China ($X) constituted the largest markets for wood slicing machine exported from Israel worldwide.

In terms of the main countries of destination, Palestine, with a CAGR of -12.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, waning by -23.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then dropped dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Palestine totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+19.4%).

Wood Slicing Machine Imports

Imports into Israel

In 2021, overseas purchases of splitting, slicing or paring machines were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2015 when imports increased by 747% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, wood slicing machine imports rose sharply to $X in 2021. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 603%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and the United States (X units) were the main suppliers of wood slicing machine imports to Israel, together accounting for 82% of total imports. Germany and Italy lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood slicing machine suppliers to Israel were Taiwan (Chinese) ($X), China ($X) and the United States ($X), together comprising 82% of total imports. These countries were followed by Germany and Italy, which together accounted for a further 18%.

Among the main suppliers, Germany, with a CAGR of +11.1%, recorded the highest rates of growth with regard to 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 wood slicing machine import price stood at $X per unit in 2021, with a decrease of -5.5% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Palestine (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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