Israel: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Israel

In 2022, the Israeli non-electric pulley tackle market increased by 20% to $X, rising for the second year in a row after three years of decline. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +59.8% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Non-Electric Pulley Tackle Production in Israel

In value terms, non-electric pulley tackle production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.6% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 94% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Non-Electric Pulley Tackle Exports

Exports from Israel

In 2022, approx. X units of pulley tackle and hoists, non-powered by electric motor were exported from Israel; with a decrease of -5.6% against the year before. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 287% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric pulley tackle exports dropped remarkably to $X in 2022. Overall, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2017 when exports increased by 195%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for non-electric pulley tackle exports from Israel, with a 74% share of total exports. Moreover, non-electric pulley tackle exports to South Korea exceeded the volume sent to the second major destination, Turkey (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-20.7% per year) and the Netherlands (+7.2% per year).

In value terms, the largest markets for non-electric pulley tackle exported from Israel were South Korea ($X), the Netherlands ($X) and Turkey ($X), together accounting for 93% of total exports. Moreover, non-electric pulley tackle exports in South Korea exceeded the figures recorded by the second-largest exporter, the Netherlands, twofold.

The Netherlands, with a CAGR of +7.1%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average non-electric pulley tackle export price amounted to $X per unit, shrinking by -38.9% against the previous year. In general, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 123% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.

Non-Electric Pulley Tackle Imports

Imports into Israel

In 2022, purchases abroad of pulley tackle and hoists, non-powered by electric motor increased by 64% to X units, rising for the fourth consecutive year after two years of decline. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 69%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, non-electric pulley tackle imports skyrocketed to $X in 2022. Overall, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric pulley tackle to Israel, accounting for a 60% share of total imports. Moreover, non-electric pulley tackle imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+85.4% per year) and the United States (+17.0% per year).

In value terms, South Korea ($X) constituted the largest supplier of pulley tackle and hoists, non-powered by electric motor to Israel, comprising 71% of total imports. The second position in the ranking was taken by China ($X), with a 9.6% share of total imports. It was followed by the United States, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at +87.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.0% per year) and the United States (+13.0% per year).

Import Prices by Country

In 2022, the average non-electric pulley tackle import price amounted to $X per unit, increasing by 67% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric pulley tackle import price increased by +76.1% against 2020 indices. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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