Israel: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Israel

The Israeli non-numerically controlled lathe market skyrocketed to $X in 2021, surging by 129% 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). Over the period under review, consumption, however, continues to indicate a noticeable curtailment. Non-numerically controlled lathe consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports from Israel

In 2021, non-numerically controlled lathe exports from Israel soared to X units, jumping by 72% compared with the previous year. Overall, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,625% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, non-numerically controlled lathe exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 7,894%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for non-numerically controlled lathe exports from Israel, accounting for a 68% share of total exports. Moreover, non-numerically controlled lathe exports to the United States exceeded the volume sent to the second major destination, China (X units), more than tenfold. The third position in this ranking was held by the Philippines (X units), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +46.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and the Philippines (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for non-numerically controlled horizontal lathes, for removing metal exports from Israel, comprising 49% of total exports. The second position in the ranking was held by Georgia ($X), with a 22% share of total exports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +54.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (0.0% per year) and China (-3.5% per year).

Export Prices by Country

The average non-numerically controlled lathe export price stood at $X per unit in 2021, with an increase of 110% against the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 602% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Georgia ($X per unit), while the average price for exports to Switzerland ($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 the UK (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports

Imports into Israel

Non-numerically controlled lathe imports into Israel surged to X units in 2021, growing by 147% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt downturn. Over the period under review, non-numerically controlled laimports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe imports soared to $X in 2021. In general, imports, however, showed a pronounced reduction. Over the period under review, non-numerically controlled laimports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest non-numerically controlled lathe supplier to Israel, with a 74% share of total imports. Moreover, non-numerically controlled lathe imports from the United States exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold. The third position in this ranking was taken by China (X units), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.1% per year) and China (+8.8% per year).

In value terms, the United States ($X) constituted the largest supplier of non-numerically controlled horizontal lathes, for removing metal to Israel, comprising 75% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by China, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+8.7% per year) and China (+11.5% per year).

Import Prices by Country

The average non-numerically controlled lathe import price stood at $X per unit in 2021, with a decrease of -9.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2020 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Germany ($X per unit) and Slovakia ($X per unit), while the price for Bulgaria ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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