Israel: Construction Sands Market 2024

Construction Sands Market Size in Israel

The Israeli construction sands market fell slightly to $X in 2022, which is down by -4.5% against the previous year. In general, consumption saw a perceptible setback. Construction sands consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Construction Sands Production in Israel

In value terms, construction sands production shrank modestly to $X in 2022 estimated in export price. Overall, production saw a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of 26% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Construction Sands Exports

Exports from Israel

In 2022, overseas shipments of construction sands decreased by -10.7% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when exports increased by 47% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, construction sands exports dropped notably to $X in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 45%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for construction sands exports from Israel, accounting for a 36% share of total exports. Moreover, construction sands exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. Italy (X tons) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.9% per year) and Italy (+59.5% per year).

In value terms, the largest markets for construction sands exported from Israel were the Netherlands ($X), France ($X) and the United States ($X), with a combined 6.9% share of total exports.

France, with a CAGR of +11.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, shrinking by -7.5% against the previous year. Over the period under review, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 2.8%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+70.6%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Israel

In 2022, purchases abroad of construction sands increased by 22% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 142%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, construction sands imports surged to $X in 2022. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 138%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Jordan (X tons) constituted the largest construction sands supplier to Israel, with a 41% share of total imports. Moreover, construction sands imports from Jordan exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Jordan totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+9.7% per year) and Turkey (+14.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of construction sands to Israel, comprising 20% of total imports. The second position in the ranking was held by Turkey ($X), with a 9.6% share of total imports. It was followed by Portugal, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.4% per year) and Portugal (+29.1% per year).

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, reducing by -3.3% against the previous year. In general, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2015 a decrease of -1.7% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+27.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :