Israel: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Israel

The Israeli market for equipment for scaffolding, shuttering, propping or pit propping was estimated at $X in 2021, increasing by 13% 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). Overall, consumption showed a buoyant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Israel

In 2021, overseas shipments of equipment for scaffolding, shuttering, propping or pit propping were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 103%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports surged to $X in 2021. Over the period under review, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 with an increase of 97% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for scaffolding, shuttering, and propping equipment exports from Israel, with a 37% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to Italy exceeded the volume sent to the second major destination, Romania (X tons), twofold. Poland (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-15.0% per year) and Poland (-9.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Israel, comprising 37% of total exports. The second position in the ranking was taken by Romania ($X), with an 18% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-13.6% per year) and Poland (-12.3% per year).

Export Prices by Country

The average export price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Greece ($X per ton) and Romania ($X per ton), while the average price for exports to Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Israel

In 2021, the amount of equipment for scaffolding, shuttering, propping or pit propping imported into Israel was estimated at X tons, standing approx. at 2020. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 89%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, scaffolding, shuttering, and propping equipment imports surged to $X in 2021. Over the period under review, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 80% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to Israel, together comprising 69% of total imports. India, the United Arab Emirates, Italy, Spain and Austria lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +41.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment suppliers to Israel were China ($X), Turkey ($X) and Germany ($X), with a combined 71% share of total imports. These countries were followed by India, the United Arab Emirates, Italy, Spain and Austria, which together accounted for a further 22%.

India, with a CAGR of +49.1%, saw 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

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, growing by 15% against the previous year. In general, the import price, however, showed a slight decrease. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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