Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel - 2024

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (FOB) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (CIF) - 2022
  3. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel
  4. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $8,756 per unit, falling by -10.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2021 an increase of 26%. As a result, the export price attained the peak level of $9,792 per unit, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($27,314 per unit), while the average price for exports to Angola ($1,499 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 Mexico (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,526 per unit in 2022, shrinking by -10.4% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $2,902 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($7,195 per unit), while the price for Poland ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel

In 2022, shipments abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs was finally on the rise to reach 160 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump. Over the period under review, the exports of hit record highs at 248 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs fell to $1.4M in 2022. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of hit record highs at $2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,156643783341-33.4%
Mexico22.540.2193243121.0%
Vietnam5.912.174.6151194.7%
Russia16471.92.4109-12.7%
Palestine81.617.18.148.1-16.2%
Japan1.90.72.441.9180.4%
Philippines14.510.910.326.522.3%
Peru4.70.78.923.170.0%
South Africa16.823.220.315.4-2.9%
Canada0.53.93.212.1189.2%
Tanzania14.34.45.37.8-18.3%
Hungary51.344.30.33.0-61.2%
Others476276299379-7.3%
Total2,0101,1481,4101,401-11.3%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Israel in 2022:

  1. Mexico (23.0 units)
  2. United States (23.0 units)
  3. Vietnam (15.0 units)
  4. Philippines (7.0 units)
  5. Japan (7.0 units)
  6. Peru (7.0 units)
  7. Palestine (5.0 units)
  8. Canada (4.0 units)
  9. Russia (4.0 units)
  10. South Africa (3.0 units)
  11. Tanzania (3.0 units)
  12. Hungary (1.0 units)

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel

Imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Israel skyrocketed to 623 units in 2022, growing by 24% compared with the previous year's figure. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs at 880 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs rose remarkably to $951K in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports of hit record highs at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy880137195376-24.7%
Denmark11911814617313.3%
Netherlands4.376.91.144.5117.9%
Belgium0.317.644.519.4301.4%
United Kingdom7.719.01287.2-2.2%
France6.440.21.05.0-7.9%
Others528338337326-14.8%
Total1,546746854951-15.0%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Israel in 2022:

  1. Italy (493.0 units)
  2. Belgium (46.0 units)
  3. Denmark (24.0 units)
  4. Netherlands (19.0 units)
  5. United Kingdom (9.0 units)
  6. France (6.0 units)

Source: IndexBox Market Intelligence Platform

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