Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Israel Appliance and Housewares Sales on the Rise
Jun 25, 2004
 Printable format
 Email this Article
 Search

Private consumption in Israel continues to rise, despite indications of a slight slowdown in economic growth in the second quarter of 2004. Sales of consumer durables and electric appliances rose by a rate of 19 percent, in annual terms, while houseware and kitchenware sales increased by an annualized 20.8 percent, according to Central Bureau of Statistics data.

This is a change in trend, after electrical appliance sales fell 20.8 percent in 2003, after having fallen 13.2 percent in 2002. Houseware and kitchenware sales fell in those years by 20.7 percent in 2003, and 22.2 percent in 2002.

New car deliveries have risen since the beginning of 2004 by an annualized 33.2 percent. Once again, the increase comes in the wake of 3 straight years of decreases: automobile deliveries fell by 10.6 percent in 2003, 18.1 percent in 2002, and 8.5 percent in 2001.

Fuel sales at filling stations have grown by an annualized 6.6 percent in 2004, continuing 3-percent growth recorded last year. The rise in fuel sales continued despite a sharp increase in world fuel prices, and was due to higher private consumption and more domestic vacations taken by Israelis. Fuel prices fell 0.2 percent in 2002, and by 0.4 percent in 2001.

Total sales recorded by shopping malls, retail chains, and privately owned shops have risen by an annualized 3.7 percent since the beginning of 2004. Sales of other consumer goods, excluding electrical appliances and consumer durables, rose by a mere 1.9 percent, in annual terms. Textiles and clothing sales rose by 7.4 percent.

Only one item, food sales at supermarket chains and grocery stores, has fallen by an annualized 2 percent since the beginning of the year. However, the drop can be explained in part by shoppers returning to the open markets (souks), due to a calmer security situation, and a 4.4-percent decline in the price of fruits and vegetables, in annual terms. (Globes [online])

Back to Daily News

 

Daily News

...........................................................

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: AHRI Annual Meeting registration open for just 1 more week

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

Oct 17, 2014: Smart devices shipments forecast to show strong growth

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows