Price for Electric Motors; of an Output Not Exceeding 37.5W in Israel - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Israel (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Israel (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Israel
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Israel
Price for Electric Motors; of an Output Not Exceeding 37.5W in Israel (CIF) - 2022
The average import price for electric motors stood at $24 per unit in 2022, with a decrease of -9.5% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. The import price peaked at $53 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($100 per unit), while the price for Italy ($6.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.0%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Israel (FOB) - 2022
In 2022, the average export price for electric motors amounted to $81 per unit, growing by 2.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37%. The export price peaked at $95 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($198 per unit), while the average price for exports to Germany ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Israel
For the fourth consecutive year, Israel recorded growth in overseas purchases of electric motors, which increased by 24% to 2.1M units in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors rose notably to $51M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 9.0 | 10.7 | 8.1 | 12.3 | 11.0% |
| Hong Kong SAR | 2.2 | 3.4 | 3.0 | 8.6 | 57.5% |
| Germany | 4.5 | 4.9 | 6.7 | 7.2 | 17.0% |
| China | 5.7 | 6.0 | 11.0 | 6.2 | 2.8% |
| United States | 9.5 | 9.2 | 4.2 | 5.0 | -19.3% |
| Italy | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| France | 1.7 | 0.7 | 0.5 | 0.4 | -38.3% |
| Others | 7.4 | 9.9 | 11.1 | 10.4 | 12.0% |
| Total | 40.5 | 45.5 | 45.2 | 50.9 | 7.9% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Israel in 2022:
- Hong Kong SAR (1009.8K units)
- China (399.1K units)
- United States (154.0K units)
- Germany (135.5K units)
- Switzerland (122.5K units)
- Italy (107.9K units)
- France (52.7K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Israel
In 2022, the amount of electric motors exported from Israel surged to 126K units, increasing by 27% compared with the previous year. The total export volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors surged to $10M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,456 | 2,411 | 1,827 | 2,308 | -2.1% |
| Palestine | 741 | 644 | 1,009 | 2,004 | 39.3% |
| Germany | 870 | 792 | 1,008 | 1,056 | 6.7% |
| Netherlands | 940 | 747 | 770 | 997 | 2.0% |
| China | 560 | 231 | 114 | 309 | -18.0% |
| India | 206 | 811 | 52.8 | 160 | -8.1% |
| Canada | 27.2 | 123 | 71.4 | 61.6 | 31.3% |
| Others | 2,932 | 3,124 | 3,047 | 3,319 | 4.2% |
| Total | 8,731 | 8,883 | 7,900 | 10,215 | 5.4% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Israel in 2022:
- United States (45.1K units)
- Germany (42.8K units)
- Palestine (10.1K units)
- Netherlands (6.6K units)
- China (5.7K units)
- India (3.4K units)
- Canada (1.5K units)
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