Israel: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Israel

The Israeli fruit-preparation industrial machinery market expanded to $X in 2021, picking up by 5% 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, consumption recorded a strong expansion. Fruit-preparation industrial machinery consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Fruit-Preparation Industrial Machinery Exports

Exports from Israel

After four years of decline, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables decreased by 0% to X units in 2021. In general, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 938% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, fruit-preparation industrial machinery exports shrank notably to $X in 2021. Overall, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 949%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kenya (X units) was the main destination for fruit-preparation industrial machinery exports from Israel, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kenya was relatively modest.

In value terms, Kenya ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Israel, comprising 41% of total exports. The second position in the ranking was taken by Egypt ($X), with a 5.5% share of total exports. It was followed by Canada, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kenya amounted to +61.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+19.2% per year) and Canada (+9.5% per year).

Export Prices by Country

The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, with a decrease of -35.1% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 506% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted sharply in the following year.

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 Egypt ($X per unit), while the average price for exports to the United States ($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 Egypt (+59.0%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit-Preparation Industrial Machinery Imports

Imports into Israel

For the fourth consecutive year, Israel recorded growth in overseas purchases of industrial machinery for the preparation of fruits, nuts or vegetables, which increased by 1.7% to X units in 2021. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 83%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, fruit-preparation industrial machinery imports expanded significantly to $X in 2021. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 71%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest fruit-preparation industrial machinery supplier to Israel, with a 74% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Italy (X units) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.9% per year) and Italy (+6.1% per year).

In value terms, Italy ($X), Germany ($X) and China ($X) were the largest fruit-preparation industrial machinery suppliers to Israel, together accounting for 18% of total imports.

Among the main suppliers, China, with a CAGR of +16.1%, saw the highest rates of growth with regard to 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 fruit-preparation industrial machinery import price stood at $X per unit in 2021, with an increase of 9.6% against the previous year. In general, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 17%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 Italy ($X per unit), while the price for Brazil ($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 (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :