Israel: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Israel

In 2022, the Israeli industrial sewing machines (non-automatic) market increased by 5.9% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption showed prominent growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Industrial Sewing Machines (Non-Automatic) in Israel

In value terms, industrial sewing machines (non-automatic) production amounted to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 362,517,100% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Israel

In 2022, overseas shipments of industrial sewing machines (non-automatic) decreased by -11.1% to X units, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 732% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) exports surged to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 3,071%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa (X units) was the main destination for industrial sewing machines (non-automatic) exports from Israel, with a 42% share of total exports. Moreover, industrial sewing machines (non-automatic) exports to South Africa exceeded the volume sent to the second major destination, Egypt (X units), threefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Africa amounted to +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+14.9% per year) and Taiwan (Chinese) (+11.6% per year).

In value terms, South Africa ($X) emerged as the key foreign market for industrial sewing machines (non-automatic) exports from Israel, comprising 42% of total exports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total exports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Africa amounted to +85.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+50.7% per year) and France (+15.2% per year).

Export Prices by Country

The average industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, rising by 730% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per unit), while the average price for exports to the United States ($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 South Africa (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Israel

In 2022, supplies from abroad of industrial sewing machines (non-automatic) increased by 11% to X units, rising for the third consecutive year after four years of decline. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, industrial sewing machines (non-automatic) imports fell remarkably to $X in 2022. Overall, imports showed mild growth. The pace of growth appeared the most rapid in 2015 with an increase of 118% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest industrial sewing machines (non-automatic) supplier to Israel, accounting for a 18% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), sixfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+16.9% per year) and Taiwan (Chinese) (+21.7% per year).

In value terms, China ($X) constituted the largest supplier of industrial sewing machines (non-automatic) to Israel, comprising 44% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+11.6% per year) and Italy (+28.7% per year).

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, waning by -30.1% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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