Israel: Poultry Incubator Market 2024

Poultry Incubator Market Size in Israel

The Israeli poultry incubator market fell significantly to $X in 2022, reducing by -26.2% against the previous year. Overall, consumption faced a deep reduction. Poultry incubator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Poultry Incubator Production in Israel

In value terms, poultry incubator production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Poultry incubator production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Poultry Incubator Exports

Exports from Israel

In 2022, shipments abroad of poultry incubators and brooders increased by 69% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2016 with an increase of 914%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, poultry incubator exports skyrocketed to $X in 2022. Overall, exports, however, recorded a precipitous slump. The most prominent rate of growth was recorded in 2016 when exports increased by 712%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Singapore (X units) and the UK (X units) were the main destinations of poultry incubator exports from Israel, together accounting for 64% of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +71.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and the UK ($X) were the largest markets for poultry incubator exported from Israel worldwide, together comprising 64% of total exports. These countries were followed by Portugal, Nepal, the Netherlands, Turkey and Cyprus, which together accounted for a further 22%.

Turkey, with a CAGR of +50.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry incubator export price amounted to $X per unit, which is down by -13.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 15% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the 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 Portugal ($X per unit) and Turkey ($X per unit), while the average price for exports to the Netherlands ($X per unit) and Singapore ($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 China (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Israel

After two years of growth, purchases abroad of poultry incubators and brooders decreased by -69.4% to X units in 2022. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 324% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, poultry incubator imports shrank remarkably to $X in 2022. In general, imports showed a perceptible slump. The pace of growth was the most pronounced in 2020 when imports increased by 310% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of poultry incubator to Israel, accounting for a 52% share of total imports. Moreover, poultry incubator imports from Belgium exceeded the figures recorded by the second-largest supplier, Canada (X units), twofold. The third position in this ranking was held by Turkey (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (0.0% per year) and Turkey (+166.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of poultry incubators and brooders to Israel, comprising 52% of total imports. The second position in the ranking was taken by Canada ($X), with a 25% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (0.0% per year) and Turkey (+197.0% per year).

Import Prices by Country

The average poultry incubator import price stood at $X per unit in 2022, surging by 6.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Turkey ($X per unit), while the price for Canada ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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