Israel: Wood Dryer Market 2024

Wood Dryer Market Size in Israel

The Israeli wood dryer market declined notably to $X in 2021, shrinking by -35.5% against the previous year. Over the period under review, consumption showed a deep reduction. Wood dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Dryer Production in Israel

In value terms, wood dryer production reduced to $X in 2021 estimated in export price. Overall, production saw a deep setback. The growth pace was the most rapid in 2017 when the production volume increased by 92%. Wood dryer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Dryer Exports

Exports from Israel

In 2021, shipments abroad of dryers for wood, paper pulp, paper or paperboard increased by 1,200% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood dryer exports skyrocketed to $X in 2021. In general, exports saw a measured expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 725%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X units) was the main destination for wood dryer exports from Israel, accounting for a 69% share of total exports. Moreover, wood dryer exports to Brazil exceeded the volume sent to the second major destination, Turkey (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil totaled +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+4.6% per year) and Germany (0.0% per year).

In value terms, Turkey ($X) remains the key foreign market for dryers for wood, paper pulp, paper or paperboard exports from Israel, comprising 60% of total exports. The second position in the ranking was held by the United States ($X), with a 30% share of total exports. It was followed by Brazil, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.9% per year) and Brazil (+10.0% per year).

Export Prices by Country

In 2021, the average wood dryer export price amounted to $X per unit, dropping by -49.8% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 110% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.4%), while the prices for the other major destinations experienced a decline.

Wood Dryer Imports

Imports into Israel

In 2021, approx. X units of dryers for wood, paper pulp, paper or paperboard were imported into Israel; which is down by -78.6% on the previous year's figure. In general, imports, however, saw pronounced growth. The pace of growth was the most pronounced in 2016 when imports increased by 225%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wood dryer imports contracted sharply to $X in 2021. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 358% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), Brazil (X units) and the Netherlands (X units) were the main suppliers of wood dryer imports to Israel, with a combined 44% share of total imports. Moreover, wood dryer imports in the UK exceeded the figures recorded by the second-largest supplier, Brazil, twofold.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood dryer suppliers to Israel were Italy ($X), the UK ($X) and Germany ($X), together accounting for 86% of total imports.

Germany, with a CAGR of +39.2%, 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

The average wood dryer import price stood at $X per unit in 2021, shrinking by -1.6% against the previous year. Overall, the import price, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2017 an increase of 106% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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