Israel - Honing or Lapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Metal Honing Machine Market Size in Israel
The Israeli metal honing machine market soared to $X in 2021, with an increase of 62% against the previous year. In general, consumption posted strong growth. Metal honing machine consumption peaked in 2021 and is likely to continue growth in the immediate term.
Metal Honing Machine Production in Israel
In value terms, metal honing machine production totaled less than $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with a decrease of 99.9%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Metal Honing Machine Exports
Exports from Israel
In 2021, shipments abroad of honing or lapping machines for working metal increased by 263% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt slump. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, metal honing machine exports surged to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
India (X units), Namibia (X units) and Switzerland (X units) were the main destinations of metal honing machine exports from Israel, with a combined 84% share of total exports.
From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +4.8%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for metal honing machine exported from Israel were Hong Kong SAR ($X), India ($X) and Namibia ($X), together comprising 54% of total exports.
In terms of the main countries of destination, India, with a CAGR of +60.4%, saw 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 metal honing machine export price amounted to $X per unit, rising by 2.4% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 142% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Switzerland ($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 Mauritius (+137.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Honing Machine Imports
Imports into Israel
In 2021, imports of honing or lapping machines for working metal into Israel shrank markedly to X units, with a decrease of -93.9% on 2020. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 220% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then declined rapidly in the following year.
In value terms, metal honing machine imports contracted to $X in 2021. In general, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 238%. Imports peaked at $X in 2020, and then shrank in the following year.
Imports by Country
The United States (X units), the UK (X units) and Switzerland (X units) were the main suppliers of metal honing machine imports to Israel, together comprising 54% of total imports. Moreover, metal honing machine imports in the United States exceeded the figures recorded by the second-largest supplier, the UK, twofold.
From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +8.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Switzerland ($X) constituted the largest supplier of honing or lapping machines for working metal to Israel, comprising 43% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Germany, with a 6% share.
From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+51.4% per year) and Germany (+17.3% per year).
Import Prices by Country
The average metal honing machine import price stood at $X per unit in 2021, picking up by 1,296% against the previous year. In general, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+146.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal honing machine market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412385 - Honing or lapping machines for working metal
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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