Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel - 2024

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel (CIF) - 2024
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel (FOB) - 2023
3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel
4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel (CIF) - 2024

In October 2023, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $11,319 per unit, jumping by 25% against the previous month. Over the period under review, the import price, however, saw a abrupt shrinkage. The import price peaked at $15,485 per unit in May 2023; afterwards, it flattened through to October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($14,361 per unit), while the price for Japan ($6,625 per unit) was amongst the lowest.

From May 2023 to October 2023, the most notable rate of growth in terms of prices was attained by France (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel (FOB) - 2023

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $22,877 per unit in October 2023, jumping by 53% against the previous month. Over the period under review, the export price enjoyed a strong increase. The growth pace was the most rapid in July 2023 when the average export price increased by 78% against the previous month. Over the period under review, the average export prices reached the maximum in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($15,266 per unit), while the average price for exports to Nigeria ($7,812 per unit) was amongst the lowest.

From January 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel

Imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Israel surged to 5.1K units in 2022, jumping by 31% on the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +68.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $47M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +73.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Israel in 2022:

1. Germany (1285.0 units)
2. United Arab Emirates (1079.0 units)
3. France (564.0 units)
4. Sweden (352.0 units)
5. United States (290.0 units)
6. Italy (289.0 units)
7. South Korea (253.0 units)
8. United Kingdom (141.0 units)
9. Switzerland (133.0 units)
10. Canada (75.0 units)
11. Netherlands (72.0 units)
12. Japan (2.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Israel

In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -53.7% to 69 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. As a result, the exports reached the peak of 149 units, and then fell sharply in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) declined dramatically to $559K in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. As a result, the exports reached the peak of $1.4M, and then contracted rapidly in the following year.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Israel in 2022:

1. United States (29.0 units)
2. Australia (11.0 units)
3. Jordan (9.0 units)
4. Netherlands (5.0 units)
5. Philippines (4.0 units)
6. Slovenia (4.0 units)
7. Ghana (2.0 units)
8. Germany (2.0 units)
9. United Kingdom (1.0 units)
10. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform