Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,306 per unit in 2022, growing by 13% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28%. As a result, import price attained the peak level of $2,394 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($2,333 per unit) and China ($2,321 per unit), while the price for the UK ($2,299 per unit) and Italy ($2,302 per unit) were amongst the lowest.

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

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,000 per unit, falling by -60.7% against the previous year. In general, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 70%. As a result, the export price reached the peak level of $3,400 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +42.2% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel

In 2022, overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -13.8% to 594 units, falling for the second year in a row after two years of growth. Overall, imports saw a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 54%. As a result, imports reached the peak of 1.1K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses reduced modestly to $1.4M in 2022. Over the period under review, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Israel in 2022:

1. United Kingdom (194.0 units)
2. Spain (108.0 units)
3. Germany (99.0 units)
4. Italy (43.0 units)
5. Netherlands (33.0 units)
6. China (28.0 units)
7. United States (22.0 units)
8. Belgium (13.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Israel

For the third consecutive year, Israel recorded decline in overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, which decreased by -99.6% to 1 units in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -24.3% was in 2020. Over the period under review, the exports of reached the peak figure at 5.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined significantly to $1K in 2022. Over the period under review, exports saw a significant decline. The smallest decline of -25.3% was in 2020. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Israel in 2022:

1. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform