Israel: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2022

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Israel

The Israeli bedding and furnishing article market soared to $X in 2021, jumping by 51% 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, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +10.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports from Israel

In 2021, bedding and furnishing article exports from Israel rose sharply to X tons, growing by 9.2% against 2020. Over the period under review, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when exports increased by 75% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bedding and furnishing article exports soared to $X in 2021. Overall, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by 71% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for bedding and furnishing article exports from Israel, with a 76% share of total exports. Moreover, bedding and furnishing article exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The third position in this ranking was taken by Australia (X tons), with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.3% per year) and Australia (-10.9% per year).

In value terms, the United States ($X) remains the key foreign market for bedding and furnishing article exports from Israel, comprising 76% of total exports. The second position in the ranking was held by France ($X), with a 5.2% share of total exports. It was followed by Australia, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+12.6% per year) and Australia (-8.2% per year).

Export Prices by Country

In 2021, the average bedding and furnishing article export price amounted to $X per ton, surging by 9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2017 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Cyprus ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Hungary ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports into Israel

In 2021, imports of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) into Israel skyrocketed to X tons, surging by 43% on the previous year's figure. In general, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bedding and furnishing article imports skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of bedding and furnishing article to Israel, accounting for a 63% share of total imports. Moreover, bedding and furnishing article imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. The third position in this ranking was held by Turkey (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+25.2% per year) and Turkey (+42.2% per year).

In value terms, China ($X) constituted the largest supplier of bedding and furnishing article to Israel, comprising 63% of total imports. The second position in the ranking was taken by India ($X), with an 8.6% share of total imports. It was followed by Turkey, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+24.1% per year) and Turkey (+41.0% per year).

Import Prices by Country

In 2021, the average bedding and furnishing article import price amounted to $X per ton, increasing by 5.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Bulgaria ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform