Israel: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Israel

In 2021, the Israeli non-hydraulic press market increased by 58% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption showed a remarkable increase. Non-hydraulic press consumption peaked in 2021 and is likely to continue growth in the immediate term.

Non-Hydraulic Press Production in Israel

In value terms, non-hydraulic press production amounted to $X in 2021 estimated in export price. In general, production recorded a mild decline. The pace of growth was the most pronounced in 2013 with an increase of 73% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Non-Hydraulic Press Exports

Exports from Israel

In 2021, overseas shipments of non-hydraulic presses for working metal increased by 221% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports saw notable growth. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-hydraulic press exports soared to $X in 2021. Overall, exports continue to indicate a pronounced expansion. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for non-hydraulic press exports from Israel, with a 37% share of total exports. Moreover, non-hydraulic press exports to Mexico exceeded the volume sent to the second major destination, Hong Kong SAR (X units), twofold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico stood at +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+36.9% per year) and Taiwan (Chinese) (+24.8% per year).

In value terms, Mexico ($X) remains the key foreign market for non-hydraulic presses for working metal exports from Israel, comprising 37% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 16% share of total exports. It was followed by Turkey, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico amounted to +94.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+73.4% per year) and Turkey (+17.5% per year).

Export Prices by Country

In 2021, the average non-hydraulic press export price amounted to $X per unit, rising by 67% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 106%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Singapore ($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 Ireland (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into Israel

In 2021, overseas purchases of non-hydraulic presses for working metal increased by 22% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 856%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, non-hydraulic press imports soared to $X in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 263%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of non-hydraulic press to Israel, with a 69% share of total imports. Moreover, non-hydraulic press imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), sevenfold. Switzerland (X units) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +49.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+26.8% per year) and Switzerland (+79.5% per year).

In value terms, the largest non-hydraulic press suppliers to Israel were Germany ($X), France ($X) and Switzerland ($X), with a combined 89% share of total imports. Italy, Japan, Thailand and the United States lagged somewhat behind, together comprising a further 4.8%.

Thailand, with a CAGR of +193.6%, 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

The average non-hydraulic press import price stood at $X per unit in 2021, jumping by 55% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 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 France ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+78.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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