Israel: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in Israel

The Israeli electrical signalling apparatus market shrank notably to $X in 2022, declining by -65.5% against the previous year. Overall, consumption saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in Israel

In value terms, electrical signalling apparatus production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports from Israel

In 2022, shipments abroad of electrical apparatus for sound or visual signalling increased by 84% to X units, rising for the third consecutive year after two years of decline. In general, exports, however, recorded a deep slump. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports soared to $X in 2022. Over the period under review, exports, however, showed a noticeable contraction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), the United States (X units) and Norway (X units) were the main destinations of electrical signalling apparatus exports from Israel, with a combined 39% share of total exports. France, Sweden, Spain, Germany, Ireland, the UK, China, Argentina, Slovenia and Italy lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +65.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Norway ($X) constituted the largest markets for electrical signalling apparatus exported from Israel worldwide, together accounting for 39% of total exports. France, Sweden, Spain, Germany, Ireland, the UK, China, Argentina, Slovenia and Italy lagged somewhat behind, together comprising a further 48%.

Ireland, with a CAGR of +70.6%, recorded 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 more modest paces of growth.

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, falling by -3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 19% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per unit) and Norway ($X per unit), while the average price for exports to the UK ($X per unit) and China ($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 (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Israel

In 2022, supplies from abroad of electrical apparatus for sound or visual signalling decreased by -29.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of X units, and then dropped notably in the following year.

In value terms, electrical signalling apparatus imports contracted markedly to $X in 2022. Overall, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electrical signalling apparatus supplier to Israel, with a 33% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Germany (X units), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.1% per year) and Germany (+5.5% per year).

In value terms, China ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Israel, comprising 33% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.6% per year) and Germany (+8.1% per year).

Import Prices by Country

The average electrical signalling apparatus import price stood at $X per unit in 2022, rising by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and Indonesia ($X per unit), while the price for Singapore ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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