Price for Reciprocating or Rotary Internal Combustion Piston Engines in Israel - 2024

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Israel (CIF) - 2024
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Israel (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Israel
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Israel

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Israel (CIF) - 2024

In January 2024, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $2,585 per unit, surging by 50% against the previous month. Overall, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 311% m-o-m. As a result, import price attained the peak level of $8,619 per unit; afterwards, it flattened through to January 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($6,371 per unit), while the price for Thailand ($640 per unit) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Israel (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $23,337 per unit in 2022, surging by 83% against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2021 when the average export price increased by 495% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($15,927 per unit), while the average price for exports to Chile ($976 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 India (+68.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Israel

Imports of reciprocating or rotary internal combustion piston engineses into Israel declined remarkably to 11K units in 2022, waning by -28.8% against the year before. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. As a result, imports attained the peak of 16K units, and then declined significantly in the following year.

In value terms, imports of reciprocating or rotary internal combustion piston engineses soared to $30M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +89.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.02.42.76.687.6%
United States7.12.92.23.5-21.0%
UkraineN/AN/A3.33.30.0%
United Kingdom0.91.92.12.234.7%
BelgiumN/A1.3N/A2.024.0%
France1.21.41.31.814.5%
Netherlands0.30.20.11.467.1%
Germany1.41.23.11.40.0%
SwedenN/A0.3N/A1.3108.2%
Italy0.90.41.71.16.9%
Japan1.90.32.30.8-25.0%
China0.90.41.30.6-12.6%
Thailand0.50.10.6N/A9.5%
Others4.03.23.84.32.4%
Total20.115.924.630.114.4%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Israel in 2022:

  1. Sweden (2003.0 units)
  2. Netherlands (995.0 units)
  3. Belgium (988.0 units)
  4. China (979.0 units)
  5. United Kingdom (830.0 units)
  6. Ukraine (754.0 units)
  7. Japan (674.0 units)
  8. France (664.0 units)
  9. United States (657.0 units)
  10. Germany (551.0 units)
  11. Austria (533.0 units)
  12. Italy (388.0 units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Israel

In 2022, after three years of growth, there was significant decline in overseas shipments of reciprocating or rotary internal combustion piston engineses, when their volume decreased by -64.5% to 4K units. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 200%. The exports peaked at 11K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of reciprocating or rotary internal combustion piston engineses fell to $23M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 258%. The exports peaked at $25M in 2021, and then shrank in the following year.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.30.30.39.4215.3%
India0.10.42.45.1270.8%
JordanN/AN/A11.62.0-82.8%
Germany1.10.70.81.48.4%
United States0.40.20.51.035.7%
Chile0.3N/AN/A0.838.7%
Mexico0.50.90.20.817.0%
South KoreaN/AN/AN/A0.40%
Azerbaijan0.62.40.80.1-45.0%
Bulgaria0.9N/AN/AN/A0%
SpainN/A0.8N/AN/A0%
IrelandN/A3.5N/AN/A0%
United KingdomN/A7.8N/AN/A0%
Others0.91.17.92.030.5%
Total5.018.124.522.966.1%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Israel in 2022:

  1. Jordan (861.0 units)
  2. Chile (789.0 units)
  3. India (737.0 units)
  4. Brazil (590.0 units)
  5. United States (270.0 units)
  6. Germany (158.0 units)
  7. South Korea (157.0 units)
  8. Mexico (113.0 units)
  9. Azerbaijan (21.0 units)

Source: IndexBox Market Intelligence Platform

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