Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, with an increase of 9% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($0.1 per unit) and the United States ($0.1 per unit), while the price for Italy ($0.1 per unit) and the Netherlands ($0.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, falling by -6.9% against the previous year. In general, the export price showed a mild downturn. The growth pace was the most rapid in 2020 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $0.1 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($0.2 per unit), while the average price for exports to the Netherlands ($0.1 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 the Philippines (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel
For the fourth year in a row, Israel recorded growth in purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 3.7% to 1B units in 2022. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $135M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +64.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.3 | 30.1 | 25.0 | 29.1 | 9.3% |
| Germany | 7.5 | 11.6 | 10.4 | 18.5 | 35.1% |
| China | 14.4 | 10.1 | 24.6 | 18.1 | 7.9% |
| France | 8.3 | 9.4 | 8.7 | 10.5 | 8.2% |
| Hong Kong SAR | 2.4 | 4.0 | 3.7 | 8.5 | 52.4% |
| Taiwan (Chinese) | 4.3 | 6.6 | 8.9 | 7.6 | 20.9% |
| Turkey | 2.3 | 4.7 | 6.1 | 5.1 | 30.4% |
| Italy | 2.6 | 2.2 | 4.3 | 5.1 | 25.2% |
| Spain | 1.3 | 3.3 | 2.0 | 4.1 | 46.6% |
| United Kingdom | 2.1 | 2.8 | 2.0 | 3.8 | 21.9% |
| Sweden | 1.1 | 2.7 | 2.6 | 3.2 | 42.8% |
| Netherlands | 0.7 | 1.4 | 0.8 | 2.5 | 52.9% |
| India | 1.6 | 1.6 | 3.5 | 2.0 | 7.7% |
| Others | 11.8 | 12.7 | 17.1 | 17.4 | 13.8% |
| Total | 82.5 | 103 | 120 | 135 | 17.8% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Israel in 2022:
- United States (218.1M units)
- Germany (149.2M units)
- China (133.2M units)
- France (85.1M units)
- Hong Kong SAR (66.0M units)
- Taiwan (Chinese) (61.5M units)
- Italy (41.4M units)
- Turkey (41.1M units)
- Spain (33.4M units)
- United Kingdom (30.5M units)
- Sweden (25.7M units)
- Netherlands (20.8M units)
- India (15.5M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel
In 2022, approx. 234M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from Israel; picking up by 21% against 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded sharply to $29M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 0.1 | 5.2 | 10.1 | 905.0% |
| India | 2.9 | 1.2 | 2.5 | 2.9 | 0.0% |
| United States | 2.2 | 3.3 | 2.1 | 2.5 | 4.4% |
| Hong Kong SAR | 0.7 | 0.8 | 0.8 | 2.3 | 48.7% |
| Singapore | 1.4 | 0.5 | 0.8 | 1.4 | 0.0% |
| Philippines | N/A | 0.6 | 0.6 | 1.1 | 35.4% |
| China | 2.8 | 3.1 | 1.7 | 0.7 | -37.0% |
| Denmark | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
| Slovenia | N/A | N/A | N/A | 0.6 | 0% |
| Netherlands | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| Australia | 0.5 | 0.3 | 0.5 | 0.5 | 0.0% |
| Germany | 0.4 | 1.3 | 0.6 | 0.5 | 7.7% |
| Bulgaria | N/A | N/A | 5.4 | 0.1 | -98.1% |
| Others | 4.5 | 7.0 | 4.8 | 5.0 | 3.6% |
| Total | 16.0 | 18.7 | 25.5 | 28.8 | 21.6% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Israel in 2022:
- Italy (92.3M units)
- India (23.2M units)
- United States (17.8M units)
- Hong Kong SAR (17.3M units)
- Singapore (11.9M units)
- Netherlands (6.7M units)
- Philippines (5.7M units)
- Slovenia (5.7M units)
- Denmark (5.0M units)
- China (4.9M units)
- Australia (4.2M units)
- Germany (3.1M units)
- Bulgaria (0.4M units)
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