Importation of Consumer and Investment Goods - May 2005

Import of Durable Products

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

Vehicles

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

Passenger Vehicles - In May 2005, 18,173 passenger vehicles were imported compared to 19,426 vehicles in May 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 May each year, is known and expected. Therefore, in March-April, a sharp decrease in importation and in May there is a "recovery"/

Even if April is included, a positive situation is seen for April-May 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-may 2005), totaled approximately 49,460 vehicles, a decrease of 5.5% compared to last year.

Commercial Vehicle

Import of commercial vehicles in May 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 May by 6% compared to last year.
Total value of importation in May 2005 totaled 3.5 Billion Dollar - increase of 17% compared to last year.

IMPORTATION OF VEHICLES AND PARTS - MAY 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.- May 2004 Jan.- May 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Passenger 52,302 583 2,115 49,460 552 2,032 -5.4 -5.3 -3.9
Commercial 4,437 60 208 8,762 131 452 97.5 117.3 117.4
Two-Wheeled 3,053 6 16 3,668 7 19 20.1 23.3 22.2
Trucks and tractors 1,708 69 17 2,413 101 6 41.3 46.0  
  Spare parts   114 94   122 96   6.7 1.7
  TOTAL   832 2,450   913 2,605   9.7 6.3

MONTHLY
Type May 2004 May 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 19,426 206 774 18,173 188 711 -6.5 -8.6 -8.1 203.2 185.4 196.2
Commercial 1,174 15 53 4,508 64 222 284.0 330.9 317.8 260.9 232.6 235.0
Two-Wheeled 879 2 5 1,028 2 6 17.0 38.8 34.6 64.5 89.8 96.0
Trucks and tractors 445 15 4 498 22 1 11.9 46.5   57.3 22.7  
Spare parts   25 21   26 21   6.0 0.4   15.7 14.6
TOTAL   262 856   303 962   15.5 12.3   138.0 193.1



Import of Consumer Goods - May 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.- May 2004 Jan.- May 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Household Elec. Appliances Refrigerators 77,785 27.1   85,458 31.3   9.9 15.6  
Washing Machines 81,957 19.2   92,386 23.6   12.7 22.6  
Clothes Dryer 12,711 2.3   18,683 3.6   47.0 52.8  
Dish Washer 24,874 7.3   26,066 7.8   4.8 6.2  
  Other   49.9     56.8     13.8  
  TOTAL   106 39   123 33   16.2 -14.5
EntertainmentEle T.V. 157,728 39.8   190,791 52.8   21.0 32.6  
Video 37,356 3.7   22,588 2.4   -39.5 -35.3  
DVD 162,219 9.2   267,717 16.7   65.0 80.4  
  Other   59.6     75.2     26.1  
  TOTAL   112 84   147 84   30.8 0.5
Cigarettes (Thousands of packets)   108,113 43.6 876.6 115,452 47.1 1006.8 6.8 7.9 14.9

MONTHLY
Product Jan.- May 2004 Jan.- May 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 14,520 5.0   17,060 6.1   17.5 20.8   -15 -0.2  
Washing Machines 14,880 3.6   19,110 4.7   28.4 30.0   25 0.2  
Clothes Drier 1,230 0.3   1,545 0.3   25.6 34.1   13 0.1  
Dish Washer 5,425 1.5   4,070 1.2   -25.0 -18.7   -34 -0.3  
Other   9.9     10.3     4.1        
TOTAL   20 6   23 6   11.5 8.9   -17.1 -20.4
EntertainmentEle T.V. 36,250 8.5   34,725 10.3   -4.2 21.3   -19 -20.4  
Video 3,650 0.5   3,690 0.4   1.1 -24.8   -32 -37.1  
DVD 35,550 1.9   43,895 2.1   23.5 9.4   -8 -6.3  
  Other   13.8     17.0     23.3        
  TOTAL   25 15   30 18   20.6 17.3   1.9 181.8
Cigarettes (Thousands of packets) 23,801 9.5 193.4 25,338 10.3 219.6 6.5 8.3 13.5 14.4 13.4 13.9



Purchase Tax Revenue from other products - May 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-May 03 Jan-May 04 Jan-May 03 Jan-May 04 Value Revenue May 03 May 04 May 03 May 04 Value Revenue
Telephone 198.3 190.5 131.8 125.1 -3.9 -5.1 37.4 44.8 25.8 29.5 19.8 14.3
Alcohol 16.2 19.1 63.7 69.4 18.3 8.9 3.2 4.7 13.8 16.3 43.4 17.9
Fuel 443.5 508.1 178.8 190.8 14.6 6.7 99.5 113.2 42.9 11.3 13.8 -73.6
Air Conditioners 12.5 13.9 24.1 21.8 11.4 -9.7 4.8 3.7 10.0 5.2 -23.1 -47.8
Cosmetics 48.2 52.9 29.0 30.4 9.6 4.7 8.9 10.2 5.4 6.0 14.6 11.0
Chargers and Batteries 14.7 13.8 21.9 22.2 -6.3 1.3 2.9 3.1 4.6 4.9 9.0 6.0


Total Import (Not including Diamonds Jan.- May May Previous Month
2004 2005 Change in % 2004 2005 Change in % Feb Change in %
Value of Importation (Millions of $) 12,864 14,879 15.7 2,968 3,473 17.0 2,567 35.3



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