Israel: Abs Copolymers Market 2024

Abs Copolymers Market Size in Israel

The Israeli ABS copolymers market skyrocketed to $X in 2021, jumping by 63% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Abs Copolymers Exports

Exports from Israel

In 2021, approx. X tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were exported from Israel; shrinking by -15.8% against 2020 figures. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +11.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -23.8% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 138%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, ABS copolymers exports soared to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +12.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 138%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for ABS copolymers exports from Israel, with a 41% share of total exports. Moreover, ABS copolymers exports to Ireland exceeded the volume sent to the second major destination, France (X tons), threefold. China (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+53.8% per year) and China (+8.7% per year).

In value terms, Ireland ($X) remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Israel, comprising 41% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+55.2% per year) and China (+9.7% per year).

Export Prices by Country

The average ABS copolymers export price stood at $X per ton in 2021, rising by 38% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to Russia ($X per ton) and India ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Abs Copolymers Imports

Imports into Israel

In 2021, approx. X tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were imported into Israel; increasing by 21% compared with the year before. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +105.6% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by 37% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, ABS copolymers imports surged to $X in 2021. In general, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Belgium (X tons) were the main suppliers of ABS copolymers imports to Israel, with a combined 92% share of total imports. These countries were followed by Germany and the United States, which together accounted for a further 4.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +30.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Belgium ($X) constituted the largest ABS copolymers suppliers to Israel, together accounting for 92% of total imports. Germany and the United States lagged somewhat behind, together accounting for a further 4.1%.

Among the main suppliers, the United States, with a CAGR of +30.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ABS copolymers import price amounted to $X per ton, rising by 49% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for South Korea ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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