Israel: Microphone Market 2024

Microphone Market Size in Israel

The Israeli microphone market skyrocketed to $X in 2023, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a resilient expansion. Microphone consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Microphone Exports

Exports from Israel

In 2023, after two years of growth, there was significant decline in shipments abroad of microphones and their stands, when their volume decreased by X% to X units. In general, exports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2022, and then fell markedly in the following year.

In value terms, microphone exports fell dramatically to $X in 2023. Overall, exports, however, posted measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Niger (X units) and Germany (X units) were the main destinations of microphone exports from Israel, together accounting for X% of total exports. Democratic Republic of the Congo, Hong Kong SAR, Japan, Thailand, the UK, India, China, South Korea, Bulgaria and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for microphones and their stands exports from Israel, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by Thailand, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Democratic Republic of the Congo stood at X.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the average microphone export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, saw a noticeable curtailment. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Microphone Imports

Imports into Israel

In 2023, approx. X units of microphones and their stands were imported into Israel; which is down by X% compared with the previous year. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, microphone imports dropped dramatically to $X in 2023. Overall, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, China (X units) constituted the largest supplier of microphone to Israel, accounting for a X% share of total imports. Moreover, microphone imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of microphones and their stands to Israel, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average microphone import price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform