Israel: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from Israel

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Israel fell remarkably to X units, waning by -57.1% compared with 2021 figures. In general, exports, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2021 with an increase of 250% against the previous year. As a result, the exports attained the peak of X units, and then declined remarkably in the following year.

In value terms, confectionery-making industrial machinery exports declined dramatically to $X in 2022. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 498% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) and Belgium (X units) were the main destinations of confectionery-making industrial machinery exports from Israel.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%).

In value terms, the UK ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from Israel, comprising 60% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports. It was followed by the United States, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+26.5% per year) and the United States (+16.8% per year).

Export Prices by Country

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, jumping by 43% against the previous year. Overall, the export price continues to indicate a measured expansion. The growth pace was the most rapid in 2016 an increase of 72%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1,195.6%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Israel

In 2022, overseas purchases of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by 8.5% to X units, rising for the third year in a row after two years of decline. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 259%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, confectionery-making industrial machinery imports amounted to $X in 2022. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 280% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest confectionery-making industrial machinery supplier to Israel, accounting for a 55% share of total imports. Moreover, confectionery-making industrial machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. China (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.8% per year) and China (-4.2% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to Israel, comprising 55% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.9% per year) and China (-3.4% per year).

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, which is down by -7.7% against the previous year. Overall, the import price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 an increase of 15%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per unit) and Italy ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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