Israel: Electric Rotary Converter Market 2025

Electric Rotary Converter Market Size in Israel

In 2021, the Israeli electric rotary converter market decreased by -1.3% to $X, falling for the second year in a row after eight years of growth. Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Electric Rotary Converter Production in Israel

In value terms, electric rotary converter production declined dramatically to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 132% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Electric Rotary Converter Exports

Exports from Israel

Electric rotary converter exports from Israel surged to X units in 2021, with an increase of 601% compared with 2020. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 4,394% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, electric rotary converter exports surged to $X in 2021. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), Turkey (X units) and the United States (X units) were the main destinations of electric rotary converter exports from Israel, together comprising 84% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +165.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric rotary converter exported from Israel were Belgium ($X), Switzerland ($X) and the United States ($X), with a combined 2.3% share of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +120.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric rotary converter export price stood at $X per unit in 2021, with a decrease of -11.4% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2019 when the average export price increased by 8,230% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK (less than $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 Belgium (-6.9%), while the prices for the other major destinations experienced a decline.

Electric Rotary Converter Imports

Imports into Israel

In 2021, supplies from abroad of electric rotary converters decreased by -64.5% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 42,200% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, electric rotary converter imports declined markedly to $X in 2021. In general, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by 2,104% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Palestine (X units) constituted the largest electric rotary converter supplier to Israel, with a 71% share of total imports. Moreover, electric rotary converter imports from Palestine exceeded the figures recorded by the second-largest supplier, Italy (X units), tenfold. Austria (X units) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from Palestine totaled +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.7% per year) and Austria (+37.9% per year).

In value terms, Palestine ($X) constituted the largest supplier of electric rotary converters to Israel, comprising 28% of total imports. The second position in the ranking was held by Austria ($X), with a 3.2% share of total imports. It was followed by the United States, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Palestine amounted to +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+37.6% per year) and the United States (-7.7% per year).

Import Prices by Country

The average electric rotary converter import price stood at $X per unit in 2021, increasing by 13% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 68,790% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Palestine (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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