Price for Electric Motors; AC Motors, Single-Phase in Israel - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Israel (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Single-Phase in Israel (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Single-Phase in Israel
  4. Exports of Electric Motors; AC Motors, Single-Phase in Israel

Price for Electric Motors; AC Motors, Single-Phase in Israel (CIF) - 2022

The average import price for electric motors; AC motors, single-phases stood at $56 per unit in 2022, increasing by 8.3% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric motors; AC motors, single-phase import price increased by +12.8% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($56 per unit) and France ($56 per unit), while the price for China ($56 per unit) and Tunisia ($56 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Single-Phase in Israel (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, single-phases amounted to $72 per unit, with an increase of 3% against the previous year. In general, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum at $79 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Luxembourg ($72 per unit) and the Netherlands ($72 per unit), while the average price for exports to Japan ($72 per unit) and Italy ($72 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors; AC Motors, Single-Phase in Israel

Electric motors; AC motors, single-phase imports into Israel skyrocketed to 760K units in 2022, increasing by 38% against 2021 figures. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric motors; AC motors, single-phase imports skyrocketed to $42M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +56.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Motors; AC Motors, Single-Phase in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.610.513.717.5-3.7%
United States1.31.31.39.996.7%
Italy3.63.84.05.011.6%
Poland1.6N/A2.52.19.5%
Tunisia2.3N/A2.11.9-6.2%
India0.30.31.21.258.7%
Mexico0.2N/A0.40.858.7%
Germany0.40.50.40.720.5%
France0.85.30.50.4-20.6%
Others1.65.52.42.921.9%
Total31.727.128.542.510.3%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to Israel in 2022:

  1. China (313.5K units)
  2. United States (176.5K units)
  3. Italy (90.1K units)
  4. Poland (38.3K units)
  5. Tunisia (34.8K units)
  6. India (21.6K units)
  7. Mexico (14.2K units)
  8. Germany (11.9K units)
  9. France (7.9K units)

Exports of Electric Motors; AC Motors, Single-Phase in Israel

In 2022, after three years of growth, there was significant decline in overseas shipments of electric motors; AC motors, single-phases, when their volume decreased by -88.3% to 7.4K units. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 664%. As a result, the exports reached the peak of 63K units, and then shrank remarkably in the following year.

In value terms, electric motors; AC motors, single-phase exports shrank dramatically to $530K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 628% against the previous year. As a result, the exports reached the peak of $4.4M, and then reduced sharply in the following year.

Export of Electric Motors; AC Motors, Single-Phase in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.01.076.1185352.3%
United States1124733,198100-3.7%
Netherlands13.01.025.096.094.7%
LuxembourgN/AN/A29.161.0109.6%
ItalyN/A14.011930.046.4%
BrazilN/AN/AN/A20.00%
JapanN/A6.023.013.047.2%
Others16210791425.0-46.4%
Total2896024,38453022.4%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Israel in 2022:

  1. China (2569.0 units)
  2. United States (1389.0 units)
  3. Netherlands (1333.0 units)
  4. Luxembourg (847.0 units)
  5. Italy (417.0 units)
  6. Brazil (278.0 units)
  7. Japan (181.0 units)

Source: IndexBox Market Intelligence Platform

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