Report Update Nov 1, 2024

Israel - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Steam Turbine Market 2024

Steam Turbine Market Size in Israel

The Israeli steam turbine market fell to $X in 2021, reducing by -13.5% against the previous year. Overall, consumption, however, continues to indicate a significant expansion. Steam turbine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Steam Turbine Production in Israel

In value terms, steam turbine production dropped to $X in 2021 estimated in export price. In general, production, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by 601% against the previous year. Steam turbine production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Steam Turbine Exports

Exports from Israel

In 2021, shipments abroad of steam turbines and other vapor turbines was finally on the rise to reach X units after two years of decline. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 2,196% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, steam turbine exports expanded significantly to $X in 2021. In general, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 2,025% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for steam turbine exports from Israel, accounting for a 90% share of total exports. Moreover, steam turbine exports to Turkey exceeded the volume sent to the second major destination, the United States (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +5.2%.

In value terms, the United States ($X) emerged as the key foreign market for steam turbines and other vapor turbines exports from Israel, comprising 71% of total exports. The second position in the ranking was taken by Turkey ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +30.5%.

Export Prices by Country

The average steam turbine export price stood at $X per unit in 2021, waning by -23.6% against the previous year. Over the period under review, the export price showed a noticeable setback. The growth pace was the most rapid in 2020 when the average export price increased by 81% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-16.3%).

Steam Turbine Imports

Imports into Israel

In 2021, purchases abroad of steam turbines and other vapor turbines increased by 36% to X units, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 with an increase of 345%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, steam turbine imports skyrocketed to $X in 2021. In general, imports, however, showed a perceptible decline. The growth pace was the most rapid in 2014 when imports increased by 251%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) was the main supplier of steam turbine to Israel, with a 90% share of total imports. Moreover, steam turbine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -5.5%.

In value terms, Italy ($X) constituted the largest supplier of steam turbines and other vapor turbines to Israel, comprising 87% of total imports. The second position in the ranking was taken by Germany ($X), with a 1.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy was relatively modest.

Import Prices by Country

In 2021, the average steam turbine import price amounted to $X per unit, falling by -4.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 56% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Germany stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+29.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Indonesia, together accounting for 72% of global consumption. Sweden, Turkey, Germany, Japan and Mongolia lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of steam turbines and other vapor turbines in the world?

The countries with the highest volumes of in 2021 were China, India and Sweden, with a combined 82% share of global production.

What are the leading suppliers of steam turbines and other vapor turbines to Israel?

In value terms, Italy constituted the largest supplier of steam turbine to Israel, comprising 84% of total imports. The second position in the ranking was occupied by the United States, with a 5.5% share of total imports.

What are the leading importers of steam turbines and other vapor turbines from Israel?

In value terms, Turkey remains the key foreign market for steam turbine exports from Israel, comprising 69% of total exports. The second position in the ranking was occupied by the United States, with a 29% share of total exports.

What is the average export price for steam turbines and other vapor turbines in Israel?

In 2021, the average steam turbine export price amounted to $18,535 per unit, waning by -28.8% against the previous year.

What is the average import price for steam turbines and other vapor turbines in Israel?

In 2021, the average steam turbine import price amounted to $831 per unit, surging by 8.4% against the previous year.

This report provides an in-depth analysis of the steam turbine market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28112130 -
Prodcom 28112150 -

Country coverage:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023