Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (CIF) - 2024
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (FOB) - 2024
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (CIF) - 2024
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $1.1M per unit in April 2024, declining by -48.8% against the previous month. Over the period under review, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in January 2024 when the average import price increased by 174% against the previous month. Over the period under review, average import prices hit record highs at $2.5M per unit in November 2023; however, from December 2023 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Canada ($3.0M per unit), while the price for Germany ($709K per unit) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (FOB) - 2024
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $2.1M per unit in April 2024, increasing by 10% against the previous month. Overall, the export price showed noticeable growth. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 396% against the previous month. As a result, the export price attained the peak level of $13.8M per unit. From February 2024 to April 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Vietnam ($3.0M per unit), while the average price for exports to the UK ($509K per unit) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel
In 2022, overseas purchases of turbo-jets, turbo-propellers and other gas turbineses were finally on the rise to reach 706 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep downturn. Over the period under review, imports of attained the maximum at 901 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $1.1B in 2022. In general, imports, however, recorded a deep setback. Over the period under review, imports of reached the peak figure at $1.4B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 259 | 337 | 227 | 400 | 15.6% |
| United States | 674 | 353 | 187 | 239 | -29.2% |
| Germany | 61.3 | 85.8 | 126 | 164 | 38.8% |
| Singapore | 5.4 | 8.9 | 12.0 | 70.0 | 134.9% |
| France | 46.9 | 38.1 | 33.9 | 50.2 | 2.3% |
| Hong Kong SAR | 0.6 | 34.0 | 94.5 | 25.1 | 247.1% |
| Brazil | 1.8 | N/A | 0.8 | 24.1 | 137.5% |
| Switzerland | 5.8 | 28.0 | 25.1 | 19.1 | 48.8% |
| China | 43.8 | 15.0 | 10.0 | 18.0 | -25.7% |
| Hungary | 1.3 | 1.7 | 1.5 | 14.5 | 123.4% |
| Sweden | 2.6 | 0.1 | N/A | 8.0 | 45.4% |
| Turkey | 3.0 | 5.6 | 2.2 | 7.9 | 38.1% |
| Italy | 147 | 39.5 | 6.5 | 4.5 | -68.7% |
| Others | 141 | 87.5 | 78.7 | 57.7 | -25.8% |
| Total | 1,392 | 1,035 | 805 | 1,103 | -7.5% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Israel in 2022:
- Germany (166.0 units)
- United States (154.0 units)
- United Kingdom (143.0 units)
- Switzerland (32.0 units)
- France (31.0 units)
- Singapore (28.0 units)
- Sweden (27.0 units)
- Turkey (20.0 units)
- Brazil (15.0 units)
- Hungary (15.0 units)
- China (10.0 units)
- Hong Kong SAR (9.0 units)
- Italy (7.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel
In 2022, overseas shipments of turbo-jets, turbo-propellers and other gas turbineses were finally on the rise to reach 427 units after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $424M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 110 | 98.0 | 64.3 | 118 | 2.4% |
| China | 3.6 | 3.4 | 1.7 | 77.9 | 178.7% |
| United Kingdom | 31.9 | 19.6 | 12.9 | 43.5 | 10.9% |
| Hong Kong SAR | N/A | 10.8 | 37.1 | 37.5 | 86.3% |
| Canada | 35.3 | 14.1 | 18.2 | 35.5 | 0.2% |
| Germany | 71.6 | 30.0 | 27.7 | 21.2 | -33.3% |
| Poland | 25.7 | 13.6 | 9.8 | 17.9 | -11.4% |
| Belgium | 37.0 | 22.7 | 40.4 | 11.0 | -33.3% |
| Spain | 5.4 | 7.0 | 6.4 | 6.0 | 3.6% |
| France | 33.3 | 8.6 | 4.1 | 5.4 | -45.5% |
| Others | 11.8 | 30.5 | 14.4 | 49.4 | 61.2% |
| Total | 366 | 258 | 237 | 424 | 5.0% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Israel in 2022:
- United States (117.0 units)
- China (88.0 units)
- United Kingdom (51.0 units)
- Germany (49.0 units)
- Canada (34.0 units)
- Hong Kong SAR (16.0 units)
- Poland (11.0 units)
- Spain (11.0 units)
- Belgium (6.0 units)
- France (2.0 units)
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