Importation of Consumer and Investment Goods - June 2005

Import of Durable Products

During June, an increase was seen in the of most of the durable products imported, compared to the same month last year. This indicates the influence of the improvement in the security situation and the market's recovery.

Import of refrigerators saw an increase of 17% in June, 2005 compared to June 2004. Clothes dries saw an increase of 25%, washing machines - 28%, televisions, a decrease of 4%, but a 21% increase in value, which indicates a transition to importation of larger and more expensive televisions, dish washers saw a decrease of approximately 25%. Importation of DVD increased by 23%.

An increase was seen in the importation of cosmetics, phone equipment, fuel an alcohol compared to the same month last year.

During the months January-June 2005 the value of importation of durable goods increased by 25%, compared to the same month last year.

Vehicles

During June 2005 the importation of vehicles stood our compared to the importation o other goods. Revenue from importation of vehicles during June totaled 1.4 Million NIS compared to 1.1 Billion NIS in June 2004.

Passenger Vehicles - In June 2005, 18,173 passenger vehicles were imported compared to 19,426 vehicles in June 2004, a decrease of 6.5%. However, it should be noted that In April 2005. Approximately 2000 vehicles were released from customs ( a third of the total import of this month) which "belong, to 2006 models, in order to take advantage of the convenient exchange rate. Therefore, when the above stated is matched, vehicle importation reached beyond the "20,000" mark.

The seasonality which exits in importation of vehicles surrounding the model year begins in June each year, is known and expected. Therefore, in March-April, a sharp decrease in importation and in June there is a "recovery"/

Even if April is included, a positive situation is seen for April-June 2005, 24,167 passenger vehicles were imported compared to 22,678 vehicles during the same month last year - an increase of 6.5%.

However, importation of passenger vehicles from the beginning of the year (January-June 2005), totaled approximately 49,460 vehicles, a decrease of 5.5% compared to last year.

Commercial Vehicle

Import of commercial vehicles in June increased by approximately 4,500 vehicles compared to 1,2000 last year, an increase of almost four times. The main reason for this increase is that on June 1, deduction of input tax in purchasing commercial vehicles is cancelled and therefore, commercial vehicles are being bought before this deadline. It is safe to say that in the next few months, there will be very little import of commercial import.

Miscellaneous

Importation of cigarettes increased in June by 6% compared to last year.
Total value of importation in June 2005 totaled 3.5 Billion Dollar - increase of 17% compared to last year.

IMPORTATION OF VEHICLES AND PARTS - June 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.- June 2004 Jan.- June 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Passenger 65,944 720 2,648 65,051 742 2,758 -1.4 3.0 4.2
Commercial 5,336 71 244 8,075 108 348 51.3 52.6 42.7
Two-Wheeled 4,033 7 20 4,701 9 24 16.6 19.1 17.9
Trucks and tractors 2,091 84 20 3,001 128 6 43.5 52.0  
  Spare parts   140 115   146 115   4.4 0.3
  TOTAL   1,023 3,047   1,133 3,251   10.8 6.7

MONTHLY
Type June 2004 June 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 13,028 138 511 14,158 156 588 8.7 13.2 15.1 -24.7 -22.9 -23.8
Commercial 740 11 35 734 11 33 -0.8 0.7 -6.0 -81.1 -78.2 -79.8
Two-Wheeled 963 2 5 1,032 2 5 7.2 6.5 6.5 0.4 -14.6 -18.5
Trucks and tractors 368 14 3 566 27 0 53.8 89.7   -5.5 21.7  
Spare parts   24 19   24 19   -1.3 -1.1   -9.8 -7.2
TOTAL   189 573   220 645   16.4 12.6   -27.4 -32.9



Import of Consumer Goods - June 2005
(Quantity in Units,Value in millions of $ and Purchase Tax Revenue
in Millions of NIS)

Accumulating From The Beginning of the Year
Product Jan.- June 2004 Jan.- June 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Household Elec. Appliances Refrigerators 94,535 33.1   102,043 37.5   7.9 13.3  
Washing Machines 97,317 23.2   107,931 27.5   10.9 18.5  
Clothes Dryer 13,946 2.6   20,043 3.9   43.7 48.1  
Dish Washer 28,859 8.6   30,277 9.0   4.9 4.5  
  Other   55.7     64.1     15.1  
  TOTAL   123 44   142 39   15.2 -12.7
EntertainmentEle T.V. 191,808 48.2   218,384 60.9   13.9 26.4  
Video 40,726 4.1   24,838 2.7   -39.0 -33.4  
DVD 201,394 11.4   306,305 19.3   52.1 70.0  
  Other   75.0     85.7     14.2  
  TOTAL   139 101   169 98   21.6 -2.5
Cigarettes (Thousands of packets)   132,750 53.5 1076.1 139,668 56.9 1220.9 5.2 6.3 13.4

MONTHLY
Product Jan.- June 2004 Jan.- June 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 16,750 5.5   16,585 5.6   -1.0 3.0   -3 0.0  
Washing Machines 15,360 3.6   15,545 3.5   1.2 -2.0   -19 -0.2  
Clothes Drier 1,235 0.2   1,360 0.3   10.1 7.8   -12 -0.1  
Dish Washer 3,985 1.2   4,211 1.1   5.7 -5.4   3 0.0  
Other   6.0     6.7     12.1        
TOTAL   16 5   17 5   4.7 -5.6   -16.6 -14.6
EntertainmentEle T.V. 34,080 7.6   27,538 7.4   -19.2 -2.9   -21 -0.2  
Video 3,370 0.4   2,250 0.3   -33.2 -15.5   -39 0.0  
DVD 39,175 1.9   37,433 2.4   -4.4 24.5   -17 0.2  
  Other   15.9     11.5     -27.5        
  TOTAL   26 16   22 14   -16.2 -13.9   -27.4 -67.8
Cigarettes (Thousands of packets) 23,650 9.5 191.8 24,213 9.8 214.1 2.4 3.0 11.6 -4.4 -5.0 -2.5



Purchase Tax Revenue from other products - June 2005
(Quantity in Units,Value in millions of $ and Purchase Tax Revenue
in Millions of NIS)


PRODUCT Value in $ Purchase Tax Revenue in NIS Change in % Value in $ Purchase Tax Revenue in NIS Change in %
Jan-June 03 Jan-June 04 Jan-June 03 Jan-June 04 Value Revenue June 03 June 04 June 03 June 04 Value Revenue
Telephone 233.3 222.6 155.7 146.7 -4.6 -5.8 32.4 32.0 22.1 21.5 -1.1 -2.7
Alcohol 21.2 23.6 81.6 86.6 11.2 6.1 4.7 4.4 16.8 17.1 -5.3 1.9
Fuel 550.6 611.8 224.7 246.7 11.1 9.8 103.7 103.7 45.7 55.9 0.0 22.4
Air Conditioners 20.4 20.2 42.2 32.0 -1.2 -24.2 7.7 6.3 17.6 10.2 -18.8 -41.7
Cosmetics 57.2 61.9 34.4 35.7 8.2 3.8 7.9 9.1 4.8 5.4 14.5 12.6
Chargers and Batteries 17.9 16.7 27.2 27.2 -6.8 0.3 3.1 2.8 5.0 4.9 -7.0 -2.7


Total Import (Not including Diamonds Jan.- June June Previous Month
2004 2005 Change in % 2004 2005 Change in % May Change in %
Value of Importation (Millions of $) 15,437 17,692 14.6 2,573 2,804 9.0 3,482 -19.5



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