Israel - HVAC Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Israel - HVAC Equipment - Market Analysis, Forecast, Size, Trends And Insights

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HVAC Equipment Price in Israel - 2023

Contents:

  1. HVAC Equipment Price in Israel (CIF) - 2022
  2. HVAC Equipment Price in Israel (FOB) - 2022
  3. HVAC Equipment Imports in Israel
  4. HVAC Equipment Exports in Israel

HVAC Equipment Price in Israel (CIF) - 2022

In 2022, the average HVAC equipment import price amounted to $160 per unit, shrinking by -6.5% against the previous year. In general, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $225 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($339 per unit), while the price for Thailand ($58 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

HVAC Equipment Price in Israel (FOB) - 2022

The average HVAC equipment export price stood at $235 per unit in 2022, waning by -24.5% against the previous year. In general, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 19% against the previous year. The export price peaked at $327 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($430 per unit), while the average price for exports to Hungary ($29 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 Hungary (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

HVAC Equipment Imports in Israel

HVAC equipment imports into Israel surged to 5.8M units in 2022, picking up by 18% on the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, HVAC equipment imports rose markedly to $925M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of HVAC Equipment in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15517229531726.9%
United States29.817.414.136.46.9%
Germany19.020.627.522.35.5%
Italy9.910.111.617.220.2%
Turkey3.53.13.77.528.9%
Hong Kong SAR4.38.17.35.47.9%
Thailand2.93.05.12.4-6.1%
Singapore1.530.80.20.3-41.5%
Others30539047551719.2%
Total53065683992520.4%

Top Suppliers of HVAC Equipment to Israel in 2022:

  1. China (2067.2K units)
  2. United States (107.3K units)
  3. Germany (89.9K units)
  4. Italy (70.8K units)
  5. Turkey (70.4K units)
  6. Hong Kong SAR (56.7K units)
  7. Thailand (41.8K units)
  8. Singapore (4.1K units)

HVAC Equipment Exports in Israel

In 2022, the amount of HVAC equipment exported from Israel amounted to 300K units, growing by 2.1% compared with 2021 figures. In general, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked at 328K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, HVAC equipment exports shrank significantly to $70M in 2022. Over the period under review, exports, however, faced a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked at $103M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of HVAC Equipment in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.712.616.315.5-0.4%
Germany3.11.61.24.916.5%
Netherlands2.21.01.32.42.9%
Spain4.46.12.21.8-25.8%
India0.91.11.71.723.6%
JordanN/AN/A0.11.51400.0%
Belgium0.31.32.11.467.1%
France2.91.91.70.5-44.3%
China0.10.10.60.226.0%
Canada2.10.80.10.1-63.8%
HungaryN/AN/AN/A0.10%
New Zealand10.5N/AN/AN/A0%
Palestine1.01.11.3N/A14.0%
Others59.652.062.640.3-12.2%
Total10379.791.370.4-11.9%

Top Export Markets for HVAC Equipment from Israel in 2022:

  1. New Zealand (undefinedK units)
  2. United States (36.1K units)
  3. Jordan (14.7K units)
  4. Germany (13.6K units)
  5. India (10.5K units)
  6. Netherlands (9.9K units)
  7. Spain (4.3K units)
  8. Belgium (3.6K units)
  9. Hungary (2.5K units)
  10. France (2.4K units)
  11. China (2.0K units)
  12. Canada (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hvac equipment market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
  • Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
  • Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
  • Prodcom 28251220 - Window or wall air conditioning systems, self-contained or split-systems
  • Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
  • Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units
  • Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
  • Prodcom 28251130 - Heat exchange units
  • Prodcom 27512630 - Electric storage heating radiators
  • Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans

Country coverage:

  • Israel

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Israel
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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