Israel: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Israel

The Israeli market for non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022, picking up by 36% 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 continues to indicate a resilient increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Israel

After five years of decline, shipments abroad of non-domestic percolators and equipment for cooking or heating food increased by 135% to X units in 2022. Overall, exports, however, saw a abrupt decline. Over the period under review, the exports of hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Israel, accounting for a 42% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to the United States exceeded the volume sent to the second major destination, Canada (X units), sixfold. The third position in this ranking was taken by Switzerland (X units), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-6.2% per year) and Switzerland (+1.3% per year).

In value terms, the United States ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Israel, comprising 42% of total exports. The second position in the ranking was held by Canada ($X), with a 7% share of total exports. It was followed by Switzerland, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-2.9% per year) and Switzerland (+5.0% per year).

Export Prices by Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, picking up by 22% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food decreased by -21.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 34%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Germany ($X per unit), while the average price for exports to Cyprus ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Israel

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food imported into Israel soared to X units, rising by 41% compared with 2021. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Israel, accounting for a 49% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was held by China (X units), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.6% per year) and China (+16.0% per year).

In value terms, Italy ($X), China ($X) and Germany ($X) were the largest non-domestic percolators and equipment for cooking or heating food suppliers to Israel, together accounting for 61% of total imports.

China, with a CAGR of +28.6%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, reducing by -4.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform