Israel: Filter Paper Market 2024

Filter Paper Market Size in Israel

The Israeli filter paper market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, showed a relatively flat trend pattern. Filter paper consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Filter Paper Production in Israel

In value terms, filter paper production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 21%. Filter paper production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Filter Paper Exports

Exports from Israel

In 2021, approx. X tons of filter paper and paperboard cut to shape were exported from Israel; jumping by 165% compared with 2020 figures. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, filter paper exports surged to $X in 2021. Over the period under review, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uganda (X tons) was the main destination for filter paper exports from Israel, with a 45% share of total exports. Moreover, filter paper exports to Uganda exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by Australia (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uganda stood at +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+25.3% per year) and Australia (+58.9% per year).

In value terms, Uganda ($X) emerged as the key foreign market for filter paper and paperboard cut to shape exports from Israel, comprising 45% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total exports. It was followed by Australia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uganda totaled +60.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+23.1% per year) and Australia (+58.7% per year).

Export Prices by Country

The average filter paper export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 9.3%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were France ($X per ton) and South Korea ($X per ton), while the average price for exports to Canada ($X per ton) and the Netherlands ($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 Cuba (+0.7%), while the prices for the other major destinations experienced a decline.

Filter Paper Imports

Imports into Israel

Filter paper imports into Israel shrank remarkably to X tons in 2021, reducing by -34.2% compared with the previous year. Overall, imports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2014 when imports increased by 83% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, filter paper imports reduced remarkably to $X in 2021. In general, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -34.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 74%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest filter paper supplier to Israel, with a 29% share of total imports. Moreover, filter paper imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.1% per year) and Germany (-5.9% per year).

In value terms, China ($X) constituted the largest supplier of filter paper and paperboard cut to shape to Israel, comprising 29% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.5% per year) and Germany (-4.9% per year).

Import Prices by Country

The average filter paper import price stood at $X per ton in 2021, surging by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 11%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Sweden ($X per ton), while the price for China ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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