Israel: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Israel

In 2022, the Israeli vacuum cleaner without motor market decreased by -56% to $X, falling for the third consecutive year after five years of growth. Over the period under review, consumption continues to indicate a perceptible decline. Vacuum cleaner without motor consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Vacuum Cleaners Without Motor

Exports from Israel

In 2022, approx. X units of vacuum cleaners without motor were exported from Israel; with a decrease of -8.8% compared with the previous year's figure. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 988% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, vacuum cleaner without motor exports declined sharply to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 883% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X units) was the main destination for vacuum cleaner without motor exports from Israel, accounting for a 41% share of total exports. Moreover, vacuum cleaner without motor exports to Latvia exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Germany (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.0% per year) and Germany (+16.7% per year).

In value terms, Latvia ($X) emerged as the key foreign market for vacuum cleaners without motor exports from Israel, comprising 41% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.0% per year) and Germany (+13.0% per year).

Export Prices by Country

The average vacuum cleaner without motor export price stood at $X per unit in 2022, reducing by -8.6% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 3.6%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per unit) and India ($X per unit), while the average price for exports to France ($X per unit) and Lithuania ($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 Denmark (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Vacuum Cleaners Without Motor

Imports into Israel

In 2022, overseas purchases of vacuum cleaners without motor decreased by -52.5% to X units, falling for the third year in a row after five years of growth. In general, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2018 when imports increased by 870% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vacuum cleaner without motor imports reduced dramatically to $X in 2022. Over the period under review, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 580%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of vacuum cleaner without motor imports to Israel, with a combined 68% share of total imports. Hungary, the United States, Spain and Taiwan (Chinese) lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +90.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) constituted the largest vacuum cleaner without motor suppliers to Israel, with a combined 68% share of total imports. Hungary, the United States, Spain and Taiwan (Chinese) lagged somewhat behind, together comprising a further 25%.

Hungary, with a CAGR of +87.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vacuum cleaner without motor import price amounted to $X per unit, rising by 8.6% against the previous year. In general, the import price, however, showed a pronounced descent. The growth pace was the most rapid in 2020 an increase of 15%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for Spain ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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