Israel: Smoothing Iron Market 2024

Smoothing Iron Market Size in Israel

The Israeli smoothing iron market expanded remarkably to $X in 2021, with an increase of 9.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Smoothing iron consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Smoothing Iron Exports

Exports from Israel

In 2021, overseas shipments of electric smoothing irons increased by 102% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 867% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, smoothing iron exports soared to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by 867% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X units), Cameroon (X units) and Georgia (X units) were the main destinations of smoothing iron exports from Israel.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for smoothing iron exported from Israel were Uzbekistan ($X), Cameroon ($X) and Georgia ($X).

Cameroon, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2021, rising by 12% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 85% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Uzbekistan ($X per unit) 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 (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Israel

In 2021, approx. X units of electric smoothing irons were imported into Israel; remaining stable against the year before. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, smoothing iron imports reached $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Indonesia (X units) were the main suppliers of smoothing iron imports to Israel, together accounting for 83% of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +82.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and Indonesia ($X) constituted the largest smoothing iron suppliers to Israel, together accounting for 83% of total imports.

Indonesia, with a CAGR of +81.3%, saw 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

In 2021, the average smoothing iron import price amounted to $X per unit, increasing by 11% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 17%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Belgium ($X per unit), while the price for Italy ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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