Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel - 2024

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel (FOB) - 2024
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel (CIF) - 2022
3. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel
4. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel (FOB) - 2024

In October 2023, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $68,241 per ton, remaining stable against the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in May 2023 when the average export price increased by 15% month-to-month. The export price peaked at $68,241 per ton in August 2023; afterwards, it flattened through to October 2023.

Average prices varied noticeably for the major foreign markets. In October 2023, the highest price was recorded for prices to Russia ($68,242 per ton) and Germany ($68,242 per ton), while the average price for exports to Singapore ($68,241 per ton) and China ($68,241 per ton) were amongst the lowest.

From January 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel (CIF) - 2022

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $36,928 per ton in 2022, falling by -1.6% against the previous year. Overall, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2013 a decrease of -0.5% against the previous year. Over the period under review, average import prices reached the maximum at $42,716 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($37,218 per ton) and Sweden ($37,090 per ton), while the price for France ($36,861 per ton) and Switzerland ($36,888 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.4%), while the prices for the other major suppliers experienced a decline.

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel

In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Israel reduced remarkably to 57 tons, falling by -40.7% compared with 2021 figures. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 372% against the previous year. As a result, the exports reached the peak of 95 tons, and then fell sharply in the following year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped sharply to $3.6M in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 352% against the previous year. As a result, the exports attained the peak of $6.6M, and then fell significantly in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Israel in 2022:

1. United States (15.0 tons)
2. Germany (12.1 tons)
3. Ireland (6.9 tons)
4. India (3.9 tons)
5. Poland (2.5 tons)
6. Singapore (2.3 tons)
7. China (1.8 tons)
8. Hong Kong SAR (1.5 tons)
9. Switzerland (1.4 tons)
10. Taiwan (Chinese) (1.1 tons)
11. France (1.0 tons)
12. Japan (0.3 tons)

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Israel

In 2022, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Israel contracted to 65 tons, shrinking by -9.9% against the previous year. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 shrank to $2.4M in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Israel in 2022:

1. Italy (20.4 tons)
2. Switzerland (8.0 tons)
3. Sweden (6.9 tons)
4. Germany (6.1 tons)
5. United States (3.6 tons)
6. China (3.4 tons)
7. Austria (3.2 tons)
8. Turkey (2.7 tons)
9. France (2.7 tons)
10. United Kingdom (2.3 tons)
11. India (2.0 tons)
12. Netherlands (1.1 tons)
13. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform