Israel: Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size in Israel

The Israeli electro-magnetic coupling market dropped to $X in 2022, waning by -12.6% 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). In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -26.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Electro-Magnetic Coupling Exports

Exports from Israel

In 2022, approx. X tons of electro-magnetic couplings, clutches and brakes were exported from Israel; surging by 63% on the year before. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 278%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, electro-magnetic coupling exports surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 333%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China (X tons) was the main destination for electro-magnetic coupling exports from Israel, with a 56% share of total exports. Moreover, electro-magnetic coupling exports to China exceeded the volume sent to the second major destination, Poland (X kg), threefold. The third position in this ranking was taken by Romania (X kg), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +6,274.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-21.9% per year) and Romania (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for electro-magnetic couplings, clutches and brakes exports from Israel, comprising 56% of total exports. The second position in the ranking was taken by Poland ($X), with an 18% share of total exports. It was followed by Romania, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +6,000.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-23.1% per year) and Romania (0.0% per year).

Export Prices by Country

In 2022, the average electro-magnetic coupling export price amounted to $X per ton, dropping by -1.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 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 highest price was recorded for prices to Poland ($X per ton) and Romania ($X per ton), while the average price for exports to France ($X per ton) and Costa Rica ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports into Israel

In 2022, approx. X tons of electro-magnetic couplings, clutches and brakes were imported into Israel; which is down by -6.3% compared with the previous year's figure. Over the period under review, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% 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 +6.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 39%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, electro-magnetic coupling imports shrank to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 -23.4% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 54%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main suppliers of electro-magnetic coupling imports to Israel, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +47.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electro-magnetic coupling suppliers to Israel were Germany ($X), the United States ($X) and China ($X), with a combined 68% share of total imports.

Among the main suppliers, China, with a CAGR of +46.3%, recorded the highest growth rate of 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 electro-magnetic coupling import price stood at $X per ton in 2022, declining by -5.8% against the previous year. Overall, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2020 an increase of 15%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Switzerland ($X per ton), while the price for France ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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