Israel: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Israel

The Israeli agricultural self-loading trailer market declined to $X in 2021, reducing by -10.3% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Agricultural Self-Loading Trailer Production in Israel

In value terms, agricultural self-loading trailer production declined to $X in 2021 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.2% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 59% 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.

Agricultural Self-Loading Trailer Exports

Exports from Israel

After three years of decline, shipments abroad of self-loading or self-unloading trailers for agricultural purposes decreased by 0% to X units in 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 100%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, agricultural self-loading trailer exports totaled $X in 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 60% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) was the main destination for agricultural self-loading trailer exports from Israel, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +371.4%.

Export Prices by Country

In 2021, the average agricultural self-loading trailer export price amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price enjoyed tangible growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 100%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +13.8% per year.

Agricultural Self-Loading Trailer Imports

Imports into Israel

Agricultural self-loading trailer imports into Israel skyrocketed to X units in 2021, rising by 55% against 2020. Over the period under review, imports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016 when imports increased by 2,350% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, agricultural self-loading trailer imports skyrocketed to $X in 2021. In general, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of 2,063%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) was the main agricultural self-loading trailer supplier to Israel, accounting for a 94% share of total imports. Moreover, agricultural self-loading trailer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +74.1%.

In value terms, Germany ($X) constituted the largest supplier of self-loading or self-unloading trailers for agricultural purposes to Israel, comprising 93% of total imports. The second position in the ranking was held by China ($X), with a 7.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +83.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.4% per year) and Italy (-62.7% per year).

Import Prices by Country

The average agricultural self-loading trailer import price stood at $X per unit in 2021, with an increase of 4.3% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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