Israel: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Israel

The Israeli pliers and pincers market skyrocketed to $X in 2021, increasing by 24% 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). The market value increased at an average annual rate of +6.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Pliers and pincers consumption peaked in 2021 and is expected to retain growth in years to come.

Pliers And Pincers Exports

Exports from Israel

In 2021, after four years of growth, there was significant decline in shipments abroad of pliers, pincers and tweezers for nonmedical use, when their volume decreased by -39.3% to X tons. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 248%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports contracted significantly to $X in 2021. Overall, exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of 303% against the previous year. The exports peaked at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

Turkey (X tons) was the main destination for pliers and pincers exports from Israel, with a 47% share of total exports. Moreover, pliers and pincers exports to Turkey exceeded the volume sent to the second major destination, the United States (X tons), twofold. Nigeria (X kg) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-14.3% per year) and Nigeria (+38.7% per year).

In value terms, Turkey ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Israel, comprising 47% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Nigeria, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +41.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.6% per year) and Nigeria (+46.5% per year).

Export Prices by Country

In 2021, the average pliers and pincers export price amounted to $X per ton, rising by 1.8% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pliers and pincers export price decreased by -2.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 22%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Germany ($X per ton), while the average price for exports to Turkey ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Israel

In 2021, the amount of pliers, pincers and tweezers for nonmedical use imported into Israel soared to X tons, with an increase of 47% compared with 2020. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.9% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pliers and pincers imports soared to $X in 2021. The total import value increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of pliers and pincers imports to Israel, together accounting for 72% of total imports. These countries were followed by Taiwan (Chinese), France, Japan, Singapore, Switzerland, Spain, the UK, Italy and the Netherlands, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +67.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the largest pliers and pincers suppliers to Israel, together comprising 72% of total imports. Taiwan (Chinese), France, Japan, Switzerland, Singapore, Spain, the UK, Italy and the Netherlands lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Singapore, with a CAGR of +66.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pliers and pincers import price amounted to $X per ton, with a decrease of -19.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 11%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Japan ($X per ton) and Spain ($X per ton), while the price for Singapore ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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