Although Israel’s Imports Reform in June 2023 eliminated the 12% customs duties on air conditioners and heaters imported from Eastern countries, a combination of import challenges and strained relations with Turkey has led to higher prices. As importers turn to more expensive markets and grapple with rising transportation costs, retail prices are expected to climb further throughout the early forecast period.
Euronics, an international electronics retailer, has officially announced plans to enter the Israeli market, signalling confidence in the country’s long-term growth prospects. The franchising rights have been secured by New Star Electric, which aims to open 38 Euronics-branded stores over the next five years, beginning in 2025.
Once the Israel-Hamas war subsides, outbound travel is expected to rebound sharply, which could negatively affect domestic sales of small electronics such as mobile phones. Historically, many Israelis have opted to purchase these items abroad, where prices can be lower and product selections more diverse.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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