Israel: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Israel

The Israeli electrical signalling apparatus market fell notably to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a abrupt descent. Electrical signalling apparatus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in Israel

In value terms, electrical signalling apparatus production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Electrical Signalling Apparatus Exports

Exports from Israel

In 2022, overseas shipments of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the third consecutive year after two years of decline. In general, exports, however, showed a pronounced curtailment. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable slump. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Norway (X units) and the United States (X units) were the main destinations of electrical signalling apparatus exports from Israel, together comprising X% of total exports. France, Sweden, Spain, Germany, Ireland, the UK, Argentina, China, Slovenia and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Norway ($X) and the United States ($X) appeared to be the largest markets for electrical signalling apparatus exported from Israel worldwide, together comprising X% of total exports. France, Sweden, Spain, Germany, Ireland, the UK, Argentina, China, Slovenia and Italy lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per unit) and Norway ($X per unit), while the average price for exports to the UK ($X per unit) and China ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Israel

After two years of growth, overseas purchases of electrical apparatus for sound or visual signalling decreased by X% to X units in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then reduced rapidly in the following year.

In value terms, electrical signalling apparatus imports contracted markedly to $X in 2022. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of electrical signalling apparatus imports to Israel, with a combined X% share of total imports. Hong Kong SAR, Singapore, France, the Netherlands, the UK and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical signalling apparatus suppliers to Israel were China ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports. Hong Kong SAR, Singapore, France, the Netherlands, the UK and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Singapore, with a CAGR of X%, recorded 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

The average electrical signalling apparatus import price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Singapore ($X per unit) and the UK ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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