Importation of Consumer and Investment Goods - November 2005

No significant change was seen in November in the importation of durable goods, compared to the same period last year, whereas usually after the holidays, lower importation of durable goods is noted compared to the previous months.
There was a decrease in importation in most product compared to the same period last years, except for this washers and television which their importation increased. Importation of dishwashers increased by 15%, televisions by 1%, however there was a decrease of 1% in the importation of refrigerators and washing machines and a decrease of 15% in the importation clothes driers. Videos and DVD's saw a decrease in importation of 69% and 26%.
The value of importation of household electrical products in November decreased by 1.4% compared to the same period last year, a similar trend was seen in the value of importation of entertainment electronics.
It should be noted that from the beginning of the year, there has been an increase in importation of most durable goods (except for refrigerators, in which a small decrease was seen, as well as videos, due to the continuation of the trend to purchase DVD's). This is expected due to the expected increase in personal consumption of 3.6% for 2005.
The value of importation from the beginning of the year of household electrical products increased by 4.1% compared to the same period last year. The value of entertainment electronics increased from the beginning of the year by 13%.


Vehicles

The total number of vehicles imported in November 12005, was 10,700 of passenger vehicles, compared to 12,740 vehicles in November 2004, a decrease of 16%. Most of the decrease is due to the expectation that prices of vehicles will drop because of the lowering of purchase taxes beginning on December 1, 2005.
991 commercial vehicles were imported, an increase of 12% compared to November 2004 - this is despite the fact that a few months a go the possibility of deducting VAT when purchasing a commercial vehicle was cancelled.
Total revenue from Purchase tax from imported vehicles (passenger and commercial) in November was 500 million NIS, compared to 580 million NIS in November 2004 - a decease of 15%.
During the months January-November 2005, the importation of passenger vehicles totaled 121,261 vehicles, a decrease of 2.6% compared to the same period last year.
However, commercial vehicle importation increased by 21%, this increase was seen due to the change in the VAT regulations for commercial vehicles, while in the previous months, compared to the same period last year, a decrease which deducted the increase in importation of commercial vehicles this year.
Importation of cigarettes increased in November 2005 by 2.7 compared to last year.
Total value of importation in the month of November 2005 totaled 2.9 billion NIS, an increase of 5% compared to 2004.

 

IMPORTATION OF VEHICLES AND PARTS - November 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.- November 2004 Jan.- November 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Passenger 124,512 1,395 5,077 121,261 1,366 5,195 -2.6 -2.1 2.3
Commercial 9,837 131 444 11,935 162 514 21.3 23.6 15.9
Two-Wheeled 8,822 15 40 9,604 18 46 8.9 14.2 14.8
Trucks and tractors 4,117 161 38 6,058 272 9 47.1 68.5  
  Spare parts   261 213   268 215   2.3 1.0
  TOTAL   1,964 5,812   2,085 5,979   6.2 2.9

MONTHLY
Type November 2004 November 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 12,742 150 530 10,728 115 451 -15.8 -23.0 -14.8 54.6 44.5 41.8
Commercial 885 11 39 991 14 43 12.0 22.9 11.7 103.9 110.3 106.2
Two-Wheeled 989 2 4 1,015 2 4 2.6 3.4 2.6 23.6 5.7 4.7
Trucks and tractors 512 21 4 529 14 1 3.3 -31.7   31.3 -13.9  
Spare parts   27 21   25 21   -9.2 -1.6   12.1 14.7
TOTAL   211 598   170 520   -19.4 -13.0   34.1 43.8



Import of Consumer Goods - November 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.- November 2004 Jan.- November 2005 Change in %
Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $ Quantity Value in $ Revenue in $
Household Elec. Appliances Refrigerators 197,188 70.4   194,198 71.4   -1.5 1.4  
Washing Machines 184,152 46.4   194,683 48.5   5.7 4.7  
Clothes Dryer 42,579 7.9   47,680 8.6   12.0 9.6  
Dish Washer 52,411 16.3   55,847 16.4   6.6 0.2  
  Other   105.9     111.9     5.7  
  TOTAL   247 76   257 70   4.1 -7.7
EntertainmentEle T.V. 365,838 90.8   394,056 113.7   7.7 25.2  
Video 63,104 6.8   41,105 5.1   -34.9 -24.5  
DVD 363,861 22.1   450,999 28.4   23.9 28.3  
  Other   147.1     155.4     5.6  
  TOTAL   267 176   303 181   13.4 2.8
Cigarettes (Thousands of packets)   248,781 101.1 2019.6 259,394 105.4 2280.1 4.3 4.3 12.9

MONTHLY
Product Jan.- November 2004 Jan.- November 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 13,165 5.2   13,000 4.6   -1.3 -10.4   -9 -8.0  
Washing Machines 17,500 4.8   17,390 4.2   -0.6 -13.1   21 19.1  
Clothes Drier 12,465 2.3   10,900 1.8   -12.6 -21.8   37 36.8  
Dish Washer 4,060 1.3   4,690 1.3   15.5 4.2   15 12.3  
Other   9.5     10.8     13.5        
TOTAL   23 6   23 6   -1.4 10.0   27.8 24.4
EntertainmentEle T.V. 32,725 8.3   33,130 10.9   1.2 31.7   8 15.7  
Video 4,755 0.6   1,475 0.3   -69.0 -47.8   -23 -37.2  
DVD 31,715 2.6   23,550 2.2   -25.7 -15.1   -17 51.7  
  Other   13.4     14.1     5.2        
  TOTAL   25 14   28 17   10.7 18.6   19.2 84.7
Cigarettes (Thousands of packets) 23,084 9.4 187.1 23,711 9.3 210.1 2.7 -1.0 12.3 16.2 12.5 16.6



Purchase Tax Revenue from other products - November 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-November 03 Jan-November 04 Jan-November 03 Jan-November 04 Value Revenue November 03 November 04 November 03 November 04 Value Revenue
Telephone 411.0 439.4 275.5 296.0 6.9 7.4 35.2 42.3 23.4 29.9 20.3 27.8
Alcohol 40.4 46.2 153.6 172.7 14.3 12.4 3.3 4.4 12.9 17.4 31.2 34.6
Fuel 986.3 1225.4 359.1 480.0 24.2 33.7 74.9 171.8 7.2 69.4 129.5 863.3
Air Conditioners 39.2 45.1 79.9 71.7 15.2 -10.3 2.7 2.3 5.0 2.9 -15.2 -40.6
Cosmetics 99.9 107.3 60.1 62.9 7.4 4.7 7.3 8.0 4.2 4.9 9.6 16.8
Chargers and Batteries 32.1 31.3 49.4 53.2 -2.7 7.8 2.9 3.1 4.7 5.4 4.5 14.4


Total Import (Not including Diamonds Jan.- November November Previous Month
2004 2005 Change in % 2004 2005 Change in % Oct Change in %
Value of Importation (Millions of $) 29,007 32,764 13.0 2,736 2,862 4.6 2,721 5.2



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