Israel: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Israel

In 2022, after two years of growth, there was significant decline in the Israeli market for spray guns and similar appliances, when its value decreased by -7.7% to $X. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +110.0% against 2013 indices. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Exports of Spray Guns And Similar Appliances

Exports from Israel

In 2022, after two years of growth, there was significant decline in overseas shipments of spray guns and similar appliances, when their volume decreased by -20.3% to X units. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 169%. As a result, the exports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, spray guns and similar appliances exports contracted significantly to $X in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 169%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

Kenya (X units) was the main destination for spray guns and similar appliances exports from Israel, accounting for a 27% share of total exports. Moreover, spray guns and similar appliances exports to Kenya exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by China (X units), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya totaled +408.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+377.9% per year) and China (-21.5% per year).

In value terms, Kenya ($X) emerged as the key foreign market for spray guns and similar appliances exports from Israel, comprising 27% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by China, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to Kenya totaled +380.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+349.8% per year) and China (-21.9% per year).

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, waning by -10.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 20% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($X per unit) and the United States ($X per unit), while the average price for exports to Ecuador ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Israel

In 2022, after two years of growth, there was significant decline in purchases abroad of spray guns and similar appliances, when their volume decreased by -20.3% to X units. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, spray guns and similar appliances imports fell to $X in 2022. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to Israel, accounting for a 48% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The United States (X units) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.5% per year) and the United States (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to Israel, comprising 48% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.0% per year) and the United States (+0.6% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Italy ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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