Israel: Wheeled Loader Market 2024

Wheeled Loader Market Size in Israel

In 2021, the Israeli wheeled loader market was finally on the rise to reach $X after two years of decline. In general, consumption recorded prominent growth. Wheeled loader consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wheeled Loader Exports

Exports from Israel

In 2021, shipments abroad of wheeled loaders, crawler shovel loaders, front-end loaders increased by 125% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2018 with an increase of 200% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wheeled loader exports soared to $X in 2021. Overall, exports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of 296%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Jordan (X units), Cyprus (X units) and the Netherlands (X units) were the main destinations of wheeled loader exports from Israel, together comprising 56% of total exports.

From 2012 to 2021, the biggest increases were recorded for Cyprus (with a CAGR of +62.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), the Netherlands ($X) and Cyprus ($X) constituted the largest markets for wheeled loader exported from Israel worldwide, together comprising 52% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +25.5%, 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

In 2021, the average wheeled loader export price amounted to $X per unit, with an increase of 5.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 55% 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 somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Spain ($X per unit) and the United States ($X per unit), while the average price for exports to Jordan ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Israel

In 2021, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were imported into Israel; growing by 14% against the previous year. Overall, imports posted prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 36% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, wheeled loader imports soared to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.4% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 35% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X units), the United States (X units) and China (X units) were the main suppliers of wheeled loader imports to Israel, with a combined 59% share of total imports. These countries were followed by the UK, Italy, South Korea, Germany, the Czech Republic, France and Belgium, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +43.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheeled loader suppliers to Israel were Sweden ($X), the United States ($X) and China ($X), together comprising 59% of total imports. These countries were followed by the UK, Italy, South Korea, Germany, the Czech Republic, France and Belgium, which together accounted for a further 34%.

Among the main suppliers, France, with a CAGR of +47.1%, saw the highest rates of growth with regard to 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 wheeled loader import price amounted to $X per unit, rising by 6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 17%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a 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 the United States ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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