Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel - 2024

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel (CIF) - 2024
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel (CIF) - 2024

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $67,217 per unit in February 2024, standing approximately at the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 9.8% m-o-m. Over the period under review, average import prices attained the maximum in February 2024.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the countries with the highest prices were Japan ($67,257 per unit) and Mexico ($67,227 per unit), while the price for the UK ($67,214 per unit) and the United States ($67,215 per unit) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Japan (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $95,297 per unit in 2022, shrinking by -5.7% against the previous year. Overall, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $101,083 per unit, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($107,000 per unit), while the average price for exports to Italy ($5,000 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 Canada (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Israel dropped notably to 1.9K units, declining by -46.7% against the previous year's figure. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports reached the peak of 3.6K units, and then dropped sharply in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined modestly to $197M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +69.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, imports reached the peak of $198M, leveling off in the following year.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Israel in 2022:

1. United States (1138.0 units)
2. Germany (405.0 units)
3. South Korea (112.0 units)
4. United Kingdom (87.0 units)
5. Italy (67.0 units)
6. Hungary (35.0 units)
7. Canada (29.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Israel

In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs increased by 329% to 60 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs soared to $5.3M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Israel in 2022:

1. Germany (41.0 units)
2. Canada (10.0 units)
3. Cyprus (2.0 units)
4. Ghana (1.0 units)
5. Italy (1.0 units)
6. Denmark (1.0 units)
7. France (1.0 units)
8. Belgium (1.0 units)
9. Jordan (1.0 units)

Source: IndexBox Market Intelligence Platform