In October, especially low importation was seen for all durable goods, because of the holiday season - a time which traditionally sees low importation because the work days are few. This year only 13 work days occurred in October. A further influence on the real importation of durable goods is that last October saw an exceptionally high importation due to the diversion of importation from August and September (Strikes and holidays).

In October 2005, relatively low importation was seen of durable goods, except for clothes dries which saw an increase of 21%. All other products a decrease was seen as follows: refrigerators (31%), washing machines (17%), videos (22%) and television (8%).

Importation of household goods saw an overall decrease in October 2005 compared to the same period last year - by approximately 18%, importation of entertainment electronics saw a decrease of 12%.

It should be noted that from the beginning of the year, there was an increase in importation of most of the durable goods (except for refrigerators, which saw a decrease as well as videos, due to the trend of purchasing DVD's). This is expected due to the increase in private consumption which is expected to be 3.6% in 2005.

The cumulative value from the beginning of the year of household goods increased by 4.6% compared to the same period last year. The value of importation of entertainment electronics increased from the beginning of the year by 14%.

Vehicles

The total importation of vehicles in October 2005 was 7,000 passenger vehicles compared to 12,500 in October 2005 a decrease of 44%. In October 2004, an especially high rate of importation was seen due to the diversion of importation from September to October. 500 commercial vehicles were imported, a decrease of 44% compared to October 2004, also due to the low importation in October as well as the cancellation of the VAT benefits on commercial vehicles.

Total revenue from Purchase tax on importation of vehicles in October reached 344 million NIS compared to 576 million NIS in October 2004.

In the months of January-October 2005, the importation of passenger vehicles totaled 110,500 vehicles, a decrease of 1% compared to the same period last year. Commercial vehicles saw an increase of 22% - due to the increased importation in May (more than three time the annual average), due the entry into force of regulations restricting VAT deduction when purchase a commercial vehicle several months ago.
Importation of cigarettes decreased in October 2005 by 2.5% compared to last year.

Total value of importation in October 2004 totaled 2.7 Billion Dollars, a decrease 12% compared to 2004.

 

IMPORTATION OF VEHICLES AND PARTS - October 2005 (in millions of US$)
(Quantity in Units,Value in millions of $ and Purchase Tax Revenue in Millions of NIS)

ACCUMULATING - FROM BEGINNING OF THE YEAR
Vehicle and Parts	Type	Jan.- October 2004			Jan.- October 2005			Change in %
		Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $
	Passenger	111,770	1,245	4,548	110,533	1,251	4,744	-1.1	0.5	4.3
	Commercial	8,952	119	405	10,944	148	471	22.3	23.7	16.3
	Two-Wheeled	7,833	14	36	8,589	16	42	9.7	15.5	16.2
	Trucks and tractors	3,605	140	34	5,529	257	8	53.4	83.7
	Spare parts		234	192		243	194		3.7	1.3
	TOTAL		1,752	5,214		1,914	5,459		9.2	4.7

MONTHLY
Type	October 2004			October 2005			Change in %			Change in % Compared to Previous Month
	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in Shekels
Passenger	12,477	147	530	6,941	80	318	-44.4	-45.7	-39.9	-25.8	-26.3	-22.5
Commercial	864	11	38	486	7	21	-43.8	-41.9	-44.8	-33.8	-35.3	-35.4
Two-Wheeled	928	2	4	821	2	4	-11.5	-5.2	-7.2	-12.6	-9.8	-8.7
Trucks and tractors	476	19	4	403	17	1	-15.3	-11.0		-47.8	-60.6
Spare parts		26	21		22	18		-14.4	-13.2		-9.8	-8.5
TOTAL		205	597		127	362		-38.0	-39.4		-32.3	-22.7

Accumulating From The Beginning of the Year
Product		Jan.- October 2004			Jan.- October 2005			Change in %
		Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $
Household Elec. Appliances	Refrigerators	184,023	65.2		181,148	66.8		-1.6	2.3
	Washing Machines	166,652	41.6		177,293	44.4		6.4	6.7
	Clothes Dryer	30,114	5.6		36,780	6.8		22.1	22.4
	Dish Washer	48,351	15.1		51,067	15.0		5.6	-0.1
	Other		96.4			101.1			4.9
	TOTAL		224	70		234	64		4.6	-9.1
EntertainmentEle	T.V.	333,113	82.5		360,196	102.7		8.1	24.5
	Video	58,349	6.2		39,760	4.8		-31.9	-22.3
	DVD	332,146	19.6		422,799	26.2		27.3	34.1
	Other		133.7			141.2			5.7
	TOTAL		242	161		275	164		13.7	1.4
Cigarettes (Thousands of packets)		225,697	91.7	1832.5	235,683	96.1	2069.9	4.4	4.8	13.0

MONTHLY
Product		Jan.- October 2004			Jan.- October 2005			Change in %			Change in % Compared to Previous Month
		Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in $	Quantity	Value in $	Revenue in NIS
Household Elec. Appliances	Refrigerators	20,570	6.2		14,240	5.0		-30.8	-18.4		-32	-37.5
	Washing Machines	17,351	4.4		14,347	3.5		-17.3	-20.5		-29	-31.2
	Clothes Drier	6,573	1.2		7,957	1.3		21.1	10.5		69	48.2
	Dish Washer	4,002	1.3		4,000	1.2		0.0	-10.9		-30	-26.2
	Other		8.7			6.7			-22.7
	TOTAL		22	6		18	5		-18.5	-14.6		-32.8	-32.8
EntertainmentEle	T.V.	32,430	8.5		29,900	9.5		-7.8	11.6		-31	-20.4
	Video	2,660	0.5		2,050	0.5		-22.9	-7.0		-61	17.9
	DVD	29,933	1.9		23,590	1.4		-21.2	-23.5		-19	-9.0
	Other		15.5			11.8			-24.2
	TOTAL		26	15		23	14		-12.3	-6.4		-13.1	-3.7
Cigarettes (Thousands of packets)		20,504	8.5	167.5	20,397	8.3	180.1	-0.5	-2.5	7.6	-23.5	-24.9	-24.1

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