Price for Machinery; Parts of the Machinery of Heading No. 8425 in Israel - 2024
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Israel (CIF) - 2024
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Israel (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Israel
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Israel
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Israel (CIF) - 2024
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $17,029 per ton in October 2023, stabilizing at the previous month. Over the last nine months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in May 2023 an increase of 14% against the previous month. As a result, import price reached the peak level of $17,029 per ton; afterwards, it flattened through to October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the United States ($17,029 per ton) and Italy ($17,029 per ton), while the price for China ($17,029 per ton) and France ($17,029 per ton) were amongst the lowest.
From January 2023 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Israel (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $18,806 per ton, reducing by -12.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $22,124 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($18,809 per ton) and China ($18,807 per ton), while the average price for exports to the United States ($18,806 per ton) and Gabon ($18,806 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Israel
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Israel declined to 212 tons, dropping by -12.6% on 2021. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 fell to $3.5M in 2022. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 25%.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 365 | 301 | 375 | 598 | 17.9% |
| Italy | 205 | 407 | 431 | 590 | 42.2% |
| China | 295 | 306 | 314 | 570 | 24.6% |
| Germany | 644 | 719 | 528 | 434 | -12.3% |
| United States | 1,999 | 544 | 1,016 | 395 | -41.8% |
| Sweden | 67.0 | 25.0 | 81.0 | 289 | 62.8% |
| United Kingdom | 72.0 | 48.0 | 153 | 166 | 32.1% |
| France | 27.0 | 95.0 | 38.0 | 103 | 56.3% |
| Finland | 33.0 | 21.0 | 159 | 76.0 | 32.1% |
| Spain | 56.0 | 51.0 | 73.0 | 41.0 | -9.9% |
| Others | 257 | 313 | 373 | 239 | -2.4% |
| Total | 4,020 | 2,830 | 3,541 | 3,501 | -4.5% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Israel in 2022:
- Netherlands (36.1 tons)
- Italy (35.6 tons)
- China (34.4 tons)
- Germany (26.2 tons)
- United States (23.9 tons)
- Sweden (17.4 tons)
- United Kingdom (10.0 tons)
- France (6.2 tons)
- Finland (4.6 tons)
- Spain (2.5 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Israel
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Israel surged to 75 tons, with an increase of 331% against the previous year. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 333%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $1.4M in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 357%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | N/A | N/A | N/A | 797 | 0% |
| United States | 26.0 | 624 | 170 | 415 | 151.8% |
| India | N/A | N/A | N/A | 121 | 0% |
| China | N/A | 4.0 | 8.0 | 29.0 | 169.3% |
| South Korea | 23.0 | 56.0 | 4.0 | 18.0 | -7.8% |
| Germany | 66.0 | N/A | 3.0 | N/A | -78.7% |
| Chile | N/A | N/A | 150 | N/A | 0% |
| Turkey | N/A | 70.0 | 1.0 | N/A | -98.6% |
| Others | 55.0 | 23.0 | 36.0 | 26.0 | -22.1% |
| Total | 170 | 777 | 372 | 1,406 | 102.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Israel in 2022:
- Gabon (42.4 tons)
- United States (22.1 tons)
- India (6.4 tons)
- China (1.5 tons)
- South Korea (1.0 tons)
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