Israel: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Israel

In 2021, after two years of decline, there was significant growth in the Israeli electric filament lamp market, when its value increased by 15% to $X. In general, consumption, however, faced a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from Israel

In 2021, approx. X units of electric filament lamps were exported from Israel; growing by 10% against the previous year's figure. Over the period under review, exports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 65%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, electric filament lamp exports expanded significantly to $X in 2021. In general, exports saw a pronounced increase. The pace of growth appeared the most rapid in 2019 when exports increased by 65%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) was the main destination for electric filament lamp exports from Israel, with a 95% share of total exports. Moreover, electric filament lamp exports to the United Arab Emirates exceeded the volume sent to the second major destination, Germany (X units), ninefold. The United States (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+23.5% per year) and the United States (-1.6% per year).

In value terms, the largest markets for electric filament lamp exported from Israel were Germany ($X), the United States ($X) and the United Arab Emirates ($X), with a combined 52% share of total exports. Japan, China, Canada and Turkey lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Japan, with a CAGR of +58.9%, recorded the highest growth rate of 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 2021, the average electric filament lamp export price amounted to $X per unit, picking up by 4.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United Arab Emirates ($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 South Korea (+10.1%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports

Imports into Israel

In 2021, overseas purchases of electric filament lamps were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a deep reduction. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric filament lamp imports totaled $X in 2021. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Taiwan (Chinese) (X units) were the main suppliers of electric filament lamp imports to Israel, with a combined 81% share of total imports. The Philippines, Slovakia, Poland, Japan, the United States, Mexico, France, South Korea, Hungary and Italy lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +156.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electric filament lamps to Israel, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.3% per year) and Taiwan (Chinese) (+1.8% per year).

Import Prices by Country

The average electric filament lamp import price stood at $X per unit in 2021, standing approx. at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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