Israel: Hedge Shear Market 2025

Hedge Shear Market Size in Israel

In 2021, the Israeli hedge shear market increased by 28% to $X, rising for the second consecutive year after three years of decline. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.8% against 2019 indices. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.

Hedge Shear Exports

Exports from Israel

In 2021, after two years of decline, there was significant growth in overseas shipments of hedge shears and two-handed pruning shears, when their volume increased by 271% to X tons. In general, exports, however, faced a deep slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hedge shear exports soared to $X in 2021. Overall, exports, however, faced a abrupt setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X kg) was the main destination for hedge shear exports from Israel, accounting for a 49% share of total exports. Moreover, hedge shear exports to Australia exceeded the volume sent to the second major destination, Ecuador (X kg), fivefold. Peru (X kg) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+19.0% per year) and Peru (+48.4% per year).

In value terms, Ecuador ($X), South Africa ($X) and Australia ($X) appeared to be the largest markets for hedge shear exported from Israel worldwide, together accounting for 46% of total exports. Peru, Kenya, Colombia, Canada, Palestine, the United States and the Netherlands lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Peru, with a CAGR of +37.2%, saw the highest rates of growth with regard to 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

The average hedge shear export price stood at $X per ton in 2021, with a decrease of -5.1% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hedge shear export price decreased by -8.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hedge Shear Imports

Imports into Israel

In 2021, supplies from abroad of hedge shears and two-handed pruning shears increased by 15% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 64% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, hedge shear imports skyrocketed to $X in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 54% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Germany (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of hedge shear imports to Israel, with a combined 75% share of total imports. Japan, Mexico, Italy, France and Belgium lagged somewhat behind, together comprising a further 7.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +19.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) were the largest hedge shear suppliers to Israel, together comprising 62% of total imports. These countries were followed by Japan, Mexico, Italy, France and Belgium, which together accounted for a further 6.2%.

Italy, with a CAGR of +20.7%, 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

In 2021, the average hedge shear import price amounted to $X per ton, with an increase of 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2014 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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 France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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