Israel: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Israel

In 2022, the Israeli market for cellular plates, sheets and films of polyymers of styrene increased by 4.2% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.1% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Israel

In 2022, shipments abroad of cellular plates, sheets and films of polyymers of styrene was finally on the rise to reach X tons after two years of decline. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by 269% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 221% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Jordan (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Israel, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan totaled +25.0%.

In value terms, Jordan ($X) emerged as the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Israel.

From 2012 to 2022, the average annual growth rate of value to Jordan stood at +26.4%.

Export Prices by Country

The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 20%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +11.9% per year.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Israel

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into Israel dropped to X tons, waning by -6.1% on 2021. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.7% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 31%. Over the period under review, imports of reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene expanded notably to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), China (X tons) and Jordan (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Israel, together accounting for 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of +181.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films suppliers to Israel were Turkey ($X), China ($X) and Jordan ($X), with a combined 76% share of total imports.

Among the main suppliers, Jordan, with a CAGR of +202.7%, recorded 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 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Greece ($X per ton), while the price for China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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