Key Market Indicators
Israeli electrical equipment imports are projected to reach nearly $9.2 billion by 2028, up from approximately $8.5 billion in 2023. This marks an average annual growth rate of 1.2%. Since 2000, the country's demand for electrical equipment has increased by an average of 1.5% per year. On the export front, Israeli electrical equipment is expected to hit about $9.6 billion by 2028, rising from around $9 billion in 2023. This represents an average yearly growth rate of 1%. Since 2000, the supply of Israeli electrical equipment has grown by an average of 1.1% annually.