Israel: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Israel

The Israeli electronic lamp machine market expanded markedly to $X in 2021, surging by 10% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +45.9% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Israel

In value terms, electronic lamp machine production contracted to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +11.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Electronic Lamp Machine Exports

Exports from Israel

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs exported from Israel contracted remarkably to X units, with a decrease of -49.3% against 2020 figures. Overall, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by 5,341% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, electronic lamp machine exports shrank significantly to $X in 2021. Over the period under review, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 588% against the previous year. The exports peaked at $X in 2020, and then contracted sharply in the following year.

Exports by Country

Romania (X units), France (X units) and Germany (X units) were the main destinations of electronic lamp machine exports from Israel, together accounting for 80% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +100.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and Hong Kong SAR ($X) were the largest markets for electronic lamp machine exported from Israel worldwide, together accounting for 98% of total exports.

Romania, with a CAGR of +106.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic lamp machine export price stood at $X per unit in 2021, which is down by -43.6% against the previous year. In general, the export price continues to indicate a noticeable decline. The growth pace was the most rapid in 2020 an increase of 190%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Germany ($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 China (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Lamp Machine Imports

Imports into Israel

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported into Israel amounted to X units, remaining relatively unchanged against 2020. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 36% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a mild expansion. The growth pace was the most rapid in 2016 with an increase of 1,793%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X units) constituted the largest electronic lamp machine supplier to Israel, with a 70% share of total imports. Moreover, electronic lamp machine imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.6% per year) and the United States (-7.4% per year).

In value terms, the UK ($X), the United States ($X) and the Netherlands ($X) constituted the largest electronic lamp machine suppliers to Israel, with a combined 95% share of total imports.

The Netherlands, with a CAGR of +11.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electronic lamp machine import price stood at $X per unit in 2021, with an increase of 23% against the previous year. In general, the import price enjoyed prominent growth. The growth pace was the most rapid in 2017 when the average import price increased by 195% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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