Israel: Lawn Mower Market 2024

Lawn Mower Market Size in Israel

The Israeli lawn mower market amounted to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lawn Mower Production in Israel

In value terms, lawn mower production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 25% against the previous year. Lawn mower production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lawn Mower Exports

Exports from Israel

In 2022, the amount of mowers for lawns, parks, golf courses or sports grounds exported from Israel skyrocketed to X units, picking up by 18% on the year before. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 127% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, lawn mower exports surged to $X in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X units) was the main destination for lawn mower exports from Israel, with a 70% share of total exports. Moreover, lawn mower exports to France exceeded the volume sent to the second major destination, Denmark (X units), ninefold. Sweden (X units) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +37.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+11.0% per year) and Sweden (+9.5% per year).

In value terms, France ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Israel, comprising 70% of total exports. The second position in the ranking was held by Denmark ($X), with an 8% share of total exports. It was followed by Sweden, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +39.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+12.9% per year) and Sweden (+11.4% per year).

Export Prices by Country

In 2022, the average lawn mower export price amounted to $X per unit, increasing by 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2017 an increase of 34%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($X per unit) and the Netherlands ($X per unit), while the average price for exports to the United States ($X per unit) and Sweden ($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 Slovenia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Israel

In 2022, imports of mowers for lawns, parks, golf courses or sports grounds into Israel dropped to X units, reducing by -5.4% against 2021 figures. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, lawn mower imports shrank to $X in 2022. Overall, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 28%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The United States (X units), China (X units) and Japan (X units) were the main suppliers of lawn mower imports to Israel, together comprising 80% of total imports. South Korea, Austria, Hungary, New Zealand, Italy, Germany and Spain lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Japan ($X) were the largest lawn mower suppliers to Israel, with a combined 80% share of total imports. South Korea, Austria, Hungary, New Zealand, Italy, Germany and Spain lagged somewhat behind, together comprising a further 12%.

Austria, with a CAGR of +33.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lawn mower import price stood at $X per unit in 2022, dropping by -10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the average import price increased by 24%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and Germany ($X per unit), while the price for New Zealand ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform