Israel: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Israel

The Israeli telephone apparatus market fell rapidly to $X in 2022, reducing by -40.4% against the previous year. Overall, consumption continues to indicate a perceptible decline. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Telephone Apparatus Production in Israel

In value terms, telephone apparatus production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a mild expansion. The growth pace was the most rapid in 2020 with an increase of 256% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports from Israel

In 2022, the amount of telephone apparatus exported from Israel soared to X tons, picking up by 42% on the previous year's figure. In general, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, telephone apparatus exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for telephone apparatus exports from Israel, accounting for a 16% share of total exports. Moreover, telephone apparatus exports to the United States exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+1.5% per year) and China (-6.0% per year).

In value terms, the United States ($X) remains the key foreign market for telephone apparatus exports from Israel, comprising 29% of total exports. The second position in the ranking was held by India ($X), with an 8.7% share of total exports. It was followed by China, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+4.9% per year) and China (+2.0% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 20%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Israel

In 2022, supplies from abroad of telephone apparatus decreased by -2.7% to X tons, falling for the fourth consecutive year after two years of growth. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 65%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports reduced to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by 22% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Israel, accounting for a 19% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+24.2% per year) and the United States (-5.7% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Israel, comprising 46% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 19% share of total imports. It was followed by the United States, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.7% per year) and the United States (-1.3% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, picking up by 24% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +70.2% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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