Israel: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Israel

The Israeli non-numerically controlled sharpening machine market contracted to $X in 2022, shrinking by -5% against the previous year. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -12.8% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Israel

In value terms, non-numerically controlled sharpening machine production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 99% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Israel

In 2022, overseas shipments of non-numerically controlled sharpening machines for working metal were finally on the rise to reach X units after two years of decline. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 263%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports soared to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 399%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X units) was the main destination for non-numerically controlled sharpening machine exports from Israel, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hungary was relatively modest.

In value terms, Hungary ($X) emerged as the key foreign market for non-numerically controlled sharpening machines for working metal exports from Israel.

From 2012 to 2022, the average annual growth rate of value to Hungary was relatively modest.

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, surging by 50% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -7.5% per year.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Israel

In 2022, supplies from abroad of non-numerically controlled sharpening machines for working metal decreased by -24.6% to X units, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 136% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports fell notably to $X in 2022. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 71% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Sweden (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Israel, together accounting for 75% of total imports. Denmark, Russia, Finland, the Netherlands and the United States lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +37.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Israel, comprising 40% of total imports. The second position in the ranking was taken by Sweden ($X), with a 20% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+29.3% per year) and China (+11.0% per year).

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, growing by 8.2% against the previous year. In general, the import price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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