Israel: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Israel

The Israeli paper and paperboard market expanded modestly to $X in 2022, rising by 4.3% against the previous year. Over the period under review, consumption continues to indicate a strong increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper And Paperboard Production in Israel

In value terms, paper and paperboard production rose modestly to $X in 2022 estimated in export price. In general, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 68%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper And Paperboard Exports

Exports from Israel

In 2022, approx. X tons of paper and paperboard (creped, crinkled, embossed or perforated) were exported from Israel; with a decrease of -41.4% on 2021 figures. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 421%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, paper and paperboard exports contracted remarkably to $X in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 491% 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

Canada (X tons) was the main destination for paper and paperboard exports from Israel, accounting for a 95% share of total exports. Moreover, paper and paperboard exports to Canada exceeded the volume sent to the second major destination, South Africa (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +195.7%.

In value terms, Canada ($X) emerged as the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from Israel, comprising 95% of total exports. The second position in the ranking was taken by South Africa ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +214.7%.

Export Prices by Country

The average paper and paperboard export price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 70%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.4%), while the prices for the other major destinations experienced a decline.

Paper And Paperboard Imports

Imports into Israel

In 2022, approx. X tons of paper and paperboard (creped, crinkled, embossed or perforated) were imported into Israel; jumping by 36% on the previous year's figure. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.8% 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 +87.5% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper and paperboard imports surged to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +105.8% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Italy (X tons), Denmark (X tons) and Greece (X tons) were the main suppliers of paper and paperboard imports to Israel, with a combined 64% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +25.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Greece ($X) and Denmark ($X) were the largest paper and paperboard suppliers to Israel, together comprising 64% of total imports.

Denmark, with a CAGR of +27.6%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average paper and paperboard import price amounted to $X per ton, reducing by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2015 an increase of 39%. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Greece ($X per ton) and Turkey ($X per ton), while the price for Denmark ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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