Price for Electrical Insulators of Any Material in Israel - 2023

Contents:

1. Price for Electrical Insulators of Any Material in Israel (CIF) - 2022
2. Price for Electrical Insulators of Any Material in Israel (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Israel
4. Exports of Electrical Insulators of Any Material in Israel

Price for Electrical Insulators of Any Material in Israel (CIF) - 2022

The average import price for electrical insulators of any materials stood at $1.6 per unit in 2022, growing by 15% against the previous year. Overall, the import price, however, showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 an increase of 36%. Over the period under review, average import prices hit record highs at $17 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Japan ($2.2 per unit), while the price for France ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-14.2%), while the prices for the other major suppliers experienced a decline.

Price for Electrical Insulators of Any Material in Israel (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $0.5 per unit, picking up by 83% against the previous year. In general, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 206% against the previous year. The export price peaked at $1.5 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($1.4 per unit), while the average price for exports to the UK ($0.1 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 Taiwan (Chinese) (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Israel

In 2022, approx. 5.6M units of electrical insulators of any materials were imported into Israel; dropping by -13.3% on 2021 figures. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Imports peaked at 11M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports dropped to $8.8M in 2022. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports reached the peak figure at $10M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Electrical Insulators of Any Material to Israel in 2022:

1. China (1334.5K units)
2. United States (896.9K units)
3. France (656.5K units)
4. Spain (482.1K units)
5. Turkey (453.7K units)
6. Switzerland (373.4K units)
7. Italy (370.9K units)
8. Germany (324.3K units)
9. India (90.1K units)
10. Japan (8.8K units)

Exports of Electrical Insulators of Any Material in Israel

In 2022, exports of electrical insulators of any materials from Israel declined rapidly to 930K units, shrinking by -79.5% compared with the previous year. Overall, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 273%. As a result, the exports attained the peak of 4.5M units, and then dropped dramatically in the following year.

In value terms, electrical insulators of any material exports reduced remarkably to $456K in 2022. Over the period under review, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $1.2M, and then reduced notably in the following year.

Top Export Markets for Electrical Insulators of Any Material from Israel in 2022:

1. Germany (462.9K units)
2. United States (226.1K units)
3. United Kingdom (63.4K units)
4. Nigeria (31.8K units)
5. Croatia (25.6K units)
6. Taiwan (Chinese) (23.7K units)
7. Denmark (20.1K units)
8. Poland (14.6K units)
9. India (9.0K units)

Source: IndexBox Market Intelligence Platform