Israel: Full-Rotation Excavator Market 2025

Full-Rotation Excavator Market Size in Israel

In 2021, the Israeli full-rotation excavator market increased by 35% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +37.3% against 2019 indices. Full-rotation excavator consumption peaked in 2021 and is expected to retain growth in the immediate term.

Full-Rotation Excavator Exports

Exports from Israel

In 2021, shipments abroad of self-propelled full-rotation excavators and bulldozers decreased by -84% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 260% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, full-rotation excavator exports shrank markedly to $X in 2021. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 9,989%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X units), Belgium (X units) and France (X units) were the main destinations of full-rotation excavator exports from Israel, together comprising 75% of total exports.

From 2013 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 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for full-rotation excavator exported from Israel were Romania ($X), Belgium ($X) and France ($X), together accounting for 80% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +4.2%, saw 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 full-rotation excavator export price stood at $X per unit in 2021, growing by 44% against the previous year. In general, the export price saw a slight expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 171% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Romania ($X per unit) and Belgium ($X per unit), while the average price for exports to Croatia ($X per unit) and France ($X per unit) were amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-2.5%), while the prices for the other major destinations experienced a decline.

Full-Rotation Excavator Imports

Imports into Israel

Full-rotation excavator imports into Israel surged to X units in 2021, increasing by 27% against the year before. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 43%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, full-rotation excavator imports surged to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X units), Japan (X units) and China (X units) were the main suppliers of full-rotation excavator imports to Israel, together accounting for 74% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest full-rotation excavator suppliers to Israel were South Korea ($X), Japan ($X) and China ($X), with a combined 74% share of total imports.

Among the main suppliers, China, with a CAGR of +51.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average full-rotation excavator import price amounted to $X per unit, growing by 7.6% against the previous year. Overall, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of 26%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Belgium ($X per unit) and France ($X per unit), while the price for Japan ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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