Israel - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Israel - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights

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Motor Vehicle Engine Price in Israel - 2023

Contents:

  1. Motor Vehicle Engine Price in Israel (CIF) - 2022
  2. Motor Vehicle Engine Price in Israel (FOB) - 2022
  3. Motor Vehicle Engine Imports in Israel
  4. Motor Vehicle Engine Exports in Israel

Motor Vehicle Engine Price in Israel (CIF) - 2022

The average motor vehicle engine import price stood at $22 per unit in 2022, increasing by 10% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motor vehicle engine import price increased by +32.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($23 per unit) and Italy ($23 per unit), while the price for Japan ($21 per unit) and France ($22 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Motor Vehicle Engine Price in Israel (FOB) - 2022

In 2022, the average motor vehicle engine export price amounted to $8.2 per unit, dropping by -22.4% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. As a result, the export price reached the peak level of $15 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($18 per unit), while the average price for exports to Ghana ($2.4 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 Palestine (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Engine Imports in Israel

Motor vehicle engine imports into Israel dropped to 482K units in 2022, which is down by -8.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 527K units, and then fell in the following year.

In value terms, motor vehicle engine imports reached $11M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Motor Vehicle Engine in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2791,1671,7861,90414.2%
United Kingdom7748521,5251,66429.1%
South Korea1,1386591,2431,3355.5%
France1,1361,3361,1501,2493.2%
United States964810859931-1.2%
Italy37516678784731.2%
Australia6.0819745795409.8%
Japan840178734787-2.1%
Netherlands18167.559.393.8-19.7%
Others1,0371,9111,616985-1.7%
Total7,7317,96610,50410,59111.1%

Top Suppliers of Motor Vehicle Engine to Israel in 2022:

  1. Germany (84.5K units)
  2. United Kingdom (72.7K units)
  3. South Korea (60.2K units)
  4. France (57.2K units)
  5. United States (41.2K units)
  6. Japan (37.8K units)
  7. Italy (37.4K units)
  8. Australia (35.8K units)
  9. Netherlands (9.8K units)

Motor Vehicle Engine Exports in Israel

In 2022, exports of motor vehicle engines (spark-ignition) from Israel stood at 3.7K units, picking up by 4.5% compared with 2021 figures. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, motor vehicle engine exports fell significantly to $30K in 2022. In general, exports, however, showed a deep setback. The growth pace was the most rapid in 2020 when exports increased by 14%. As a result, the exports reached the peak of $41K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Motor Vehicle Engine in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan5.04.02.59.021.6%
Ghana2.04.86.86.951.1%
TurkeyN/AN/AN/A3.70%
Palestine17.514.3N/AN/A-18.3%
EgyptN/A5.0N/AN/A0%
Taiwan (Chinese)N/AN/A4.0N/A0%
Czech Republic1.84.01.8N/A0.0%
Others9.89.221.910.42.0%
Total36.041.337.030.0-5.9%

Top Export Markets for Motor Vehicle Engine from Israel in 2022:

  1. Ghana (2819.0 units)
  2. Jordan (498.0 units)
  3. Turkey (292.0 units)
  4. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
  • Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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