Israel: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Israel

The Israeli liquid dispensing pump market dropped significantly to $X in 2021, which is down by -51.5% 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). In general, consumption, however, recorded a significant expansion. Liquid dispensing pump consumption peaked at $X in 2020, and then reduced rapidly in the following year.

Liquid Dispensing Pump Exports

Exports from Israel

In 2021, overseas shipments of pumps for dispensing liquids increased by 136% to X units for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 217%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, liquid dispensing pump exports skyrocketed to $X in 2021. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X units), the United States (X units) and India (X units) were the main destinations of liquid dispensing pump exports from Israel, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +82.5%), while the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) emerged as the key foreign market for pumps for dispensing liquids exports from Israel, comprising 82% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by India, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +148.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.1% per year) and India (+30.4% per year).

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, jumping by 182% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to China ($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 France (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into Israel

In 2021, liquid dispensing pump imports into Israel shrank dramatically to X units, dropping by -36.4% on 2020 figures. Overall, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2016 with an increase of 321% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, liquid dispensing pump imports fell notably to $X in 2021. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by 268%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), the United States (X units) and France (X units) were the main suppliers of liquid dispensing pump imports to Israel, together comprising 82% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +143.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of pumps for dispensing liquids to Israel, comprising 39% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 19% share of total imports. It was followed by France, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+253.9% per year) and France (+13.4% per year).

Import Prices by Country

In 2021, the average liquid dispensing pump import price amounted to $X per unit, rising by 8.9% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, liquid dispensing pump import price increased by +59.8% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 28% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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