Israel: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Israel

The Israeli anti-freezing preparations market rose rapidly to $X in 2021, growing by 14% 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). Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +32.0% against 2014 indices. Anti-freezing preparations consumption peaked in 2021 and is likely to see gradual growth in years to come.

Anti-Freezing Preparations Exports

Exports from Israel

In 2021, shipments abroad of anti-freezing preparations and prepared de-icing fluids increased by 125% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2020 when exports increased by 15,796%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, anti-freezing preparations exports soared to $X in 2021. In general, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 16,800% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), Nigeria (X tons) and India (X tons) were the main destinations of anti-freezing preparations exports from Israel, together accounting for 36% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +83.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Israel, comprising 28% of total exports. The second position in the ranking was held by India ($X), with a 5.8% share of total exports. It was followed by South Korea, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+60.5% per year) and South Korea (-7.2% per year).

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, declining by -9.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+35.4%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Israel

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids imported into Israel reached X tons, with an increase of 6.2% on 2020. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% 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 decreased by -2.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 31%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Belgium (X tons) and the United States (X tons) were the main suppliers of anti-freezing preparations imports to Israel, together comprising 43% of total imports. These countries were followed by Italy, Turkey, Lithuania, Serbia, Russia, France, South Korea, Sweden and the UK, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +43.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the United States ($X) constituted the largest anti-freezing preparations suppliers to Israel, together accounting for 43% of total imports. Italy, Turkey, Lithuania, Serbia, Russia, France, South Korea, Sweden and the UK lagged somewhat behind, together comprising a further 15%.

Russia, with a CAGR of +45.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 anti-freezing preparations import price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Serbia ($X per ton) and Russia ($X per ton), while the price for South Korea ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :