Israel: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2024

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in Israel

The Israeli metal liquid fuel appliances market dropped remarkably to $X in 2022, falling by -15.8% against the previous year. Overall, consumption faced a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Liquid Fuel Domestic Appliances in Israel

In value terms, metal liquid fuel appliances production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 45%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from Israel

In 2022, approx. X units of iron or steel liquid fuel domestic appliances were exported from Israel; falling by -7.4% compared with the previous year. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 494%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal liquid fuel appliances exports dropped to $X in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 316% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for metal liquid fuel appliances exports from Israel, accounting for a 66% share of total exports. Moreover, metal liquid fuel appliances exports to the UK exceeded the volume sent to the second major destination, Canada (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+18.3% per year) and the United States (+32.0% per year).

In value terms, the largest markets for metal liquid fuel appliances exported from Israel were the UK ($X), the United States ($X) and Canada ($X).

The United States, with a CAGR of +26.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average metal liquid fuel appliances export price amounted to $X per unit, reducing by -2.2% against the previous year. Overall, the export price, however, continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 71%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Canada ($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 Malta (+66.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into Israel

In 2022, after four years of growth, there was significant decline in supplies from abroad of iron or steel liquid fuel domestic appliances, when their volume decreased by -12.4% to X units. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 2,620%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal liquid fuel appliances imports declined dramatically to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 1,183%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia (X units), Poland (X units) and China (X units) were the main suppliers of metal liquid fuel appliances imports to Israel, with a combined 88% share of total imports. Portugal, the United States and Spain lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +49.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Poland ($X) and China ($X) constituted the largest metal liquid fuel appliances suppliers to Israel, with a combined 88% share of total imports.

Poland, with a CAGR of +40.8%, saw the highest growth rate of 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 metal liquid fuel appliances import price stood at $X per unit in 2022, waning by -5.8% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 91%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($X per unit) and Poland ($X per unit), while the price for the United States ($X per unit) and Portugal ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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