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Israel - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWire and Cable Price in Israel - 2023
Contents:
- Wire and Cable Price in Israel (CIF) - 2022
- Wire and Cable Price in Israel (FOB) - 2022
- Wire and Cable Imports in Israel
- Wire and Cable Exports in Israel
Wire and Cable Price in Israel (CIF) - 2022
In 2022, the average wire and cable import price amounted to $13,645 per ton, increasing by 8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 12%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($24,196 per ton), while the price for Turkey ($10,420 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wire and Cable Price in Israel (FOB) - 2022
The average wire and cable export price stood at $18,346 per ton in 2022, increasing by 25% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire and cable export price increased by +113.3% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Kazakhstan ($45,115 per ton), while the average price for exports to Canada ($10,853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wire and Cable Imports in Israel
In 2022, the amount of insulated wire and cable imported into Israel rose markedly to 56K tons, growing by 15% compared with the previous year. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, wire and cable imports skyrocketed to $758M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Wire and Cable in Israel (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 116 | 120 | 154 | 196 | 19.1% |
China | 64.1 | 53.7 | 128 | 154 | 33.9% |
Greece | 1.7 | 25.8 | 18.2 | 78.3 | 258.5% |
United States | 89.0 | 61.8 | 52.3 | 58.7 | -13.0% |
Romania | 40.0 | 28.0 | 77.3 | 38.7 | -1.1% |
Germany | 17.2 | 24.2 | 30.0 | 34.3 | 25.9% |
Italy | 3.3 | 3.0 | 7.3 | 30.4 | 109.6% |
Spain | 8.1 | 9.4 | 17.9 | 25.4 | 46.4% |
Hong Kong SAR | 12.2 | 22.4 | 11.3 | 22.9 | 23.4% |
India | 25.5 | 22.7 | 15.9 | 19.7 | -8.2% |
Others | 61.3 | 71.7 | 96.7 | 99.5 | 17.5% |
Total | 439 | 443 | 609 | 758 | 20.0% |
Top Suppliers of Wire and Cable to Israel in 2022:
- Turkey (18.8K tons)
- China (9.0K tons)
- Greece (7.4K tons)
- Romania (3.4K tons)
- United States (2.8K tons)
- Italy (2.7K tons)
- Germany (2.5K tons)
- Spain (2.3K tons)
- Hong Kong SAR (1.3K tons)
- India (0.7K tons)
Wire and Cable Exports in Israel
In 2022, shipments abroad of insulated wire and cable decreased by -20.4% to 5.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, the exports attained the peak of 7K tons, and then reduced rapidly in the following year.
In value terms, wire and cable exports dropped to $102M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of $102M, leveling off in the following year.
Export of Wire and Cable in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.5 | 24.5 | 25.0 | 25.0 | 10.6% |
Belgium | 3.3 | 10.2 | 5.8 | 9.7 | 43.2% |
India | 2.6 | 8.4 | 22.5 | 9.1 | 51.8% |
Canada | 1.8 | 3.7 | 3.2 | 7.2 | 58.7% |
Colombia | 3.5 | 1.9 | 3.8 | 5.4 | 15.6% |
Kazakhstan | N/A | N/A | 0.1 | 4.6 | 4500.0% |
Netherlands | 1.4 | 1.5 | 2.5 | 4.0 | 41.9% |
Romania | 0.8 | 0.9 | 2.6 | 3.7 | 66.6% |
Germany | 1.5 | 2.0 | 1.3 | 3.6 | 33.9% |
China | 2.1 | 1.7 | 3.1 | 2.6 | 7.4% |
South Korea | 1.5 | 1.8 | 1.7 | 2.4 | 17.0% |
United Kingdom | 1.3 | 2.1 | 5.5 | 2.3 | 20.9% |
Italy | 0.7 | 1.0 | 1.3 | 1.3 | 22.9% |
Others | 19.1 | 15.5 | 23.5 | 20.8 | 2.9% |
Total | 58.1 | 75.2 | 102 | 102 | 20.6% |
Top Export Markets for Wire and Cable from Israel in 2022:
- United States (1303.6 tons)
- India (706.0 tons)
- Canada (661.9 tons)
- Colombia (497.4 tons)
- Belgium (226.4 tons)
- South Korea (165.9 tons)
- United Kingdom (154.3 tons)
- China (138.6 tons)
- Netherlands (135.5 tons)
- Germany (132.7 tons)
- Romania (118.1 tons)
- Kazakhstan (102.6 tons)
- Italy (99.1 tons)
This report provides an in-depth analysis of the wire and cable market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27321130 -
- Prodcom 27321150 -
- Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
- Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
- Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
- Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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