Israel: Boiler Parts Market 2024

Boiler Parts Market Size in Israel

The Israeli boiler parts market dropped slightly to $X in 2022, shrinking by X% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Boiler Parts Production in Israel

In value terms, boiler parts production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value 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. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Boiler parts production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Boiler Parts Exports

Exports from Israel

Boiler parts exports from Israel dropped sharply to X kg in 2022, waning by X% against 2021 figures. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, boiler parts exports fell significantly to $X in 2022. Over the period under review, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X kg) and Hong Kong SAR (X kg) were the main destinations of boiler parts exports from Israel.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%).

In value terms, Italy ($X) emerged as the key foreign market for parts of boilers for central heating exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

In 2022, the average boiler parts export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hong Kong SAR amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%).

Boiler Parts Imports

Imports into Israel

In 2022, after two years of decline, there was significant growth in purchases abroad of parts of boilers for central heating, when their volume increased by X% to X tons. Overall, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, boiler parts imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest boiler parts supplier to Israel, with a X% share of total imports. Moreover, boiler parts imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

In value terms, Italy ($X) constituted the largest supplier of parts of boilers for central heating to Israel, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average boiler parts import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained 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 Poland ($X per ton) and Austria ($X per ton), while the price for Germany ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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