Israel: Dairy Machinery Market 2024

Dairy Machinery Market Size in Israel

In 2022, the Israeli dairy machinery market decreased by -1.7% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption posted strong growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Dairy Machinery Production in Israel

In value terms, dairy machinery production totaled $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 737% against the previous year. Dairy machinery production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dairy Machinery Exports

Exports from Israel

Dairy machinery exports from Israel declined remarkably to X units in 2022, falling by -16% on the previous year's figure. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, dairy machinery exports dropped significantly to $X in 2022. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 215% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X units), New Zealand (X units) and Georgia (X units) were the main destinations of dairy machinery exports from Israel, together comprising 86% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +87.2%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), New Zealand ($X) and Georgia ($X) appeared to be the largest markets for dairy machinery exported from Israel worldwide, with a combined 87% share of total exports.

Among the main countries of destination, New Zealand, with a CAGR of +110.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dairy machinery export price amounted to $X per unit, shrinking by -13.2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were New Zealand ($X per unit) and Brazil ($X per unit), while the average price for exports to China ($X per unit) and the UK ($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 New Zealand (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into Israel

In 2022, purchases abroad of dairy machinery increased by 14% to X units, rising for the third year in a row after two years of decline. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by 600% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dairy machinery imports amounted to $X in 2022. Overall, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when imports increased by 593% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Switzerland (X units), Italy (X units) and Denmark (X units) were the main suppliers of dairy machinery imports to Israel, together accounting for 67% of total imports. China, Turkey, Greece, France, Slovenia and Germany lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +36.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Italy ($X) and Denmark ($X) constituted the largest dairy machinery suppliers to Israel, together comprising 67% of total imports. China, Turkey, Greece, France, Slovenia and Germany lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, Turkey, with a CAGR of +34.6%, 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 dairy machinery import price stood at $X per unit in 2022, shrinking by -6.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 20%. The import price peaked at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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