Israel: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Israel

The Israeli textile industry finishing agents market stood at $X in 2022, almost unchanged from the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Finishing Agents Used In The Textile Industry in Israel

In value terms, textile industry finishing agents production rose significantly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Finishing Agents Used In The Textile Industry

Exports from Israel

In 2022, shipments abroad of finishing agents used in the textile industry increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, textile industry finishing agents exports surged to $X in 2022. In general, total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for textile industry finishing agents exports from Israel, accounting for a X% share of total exports. Moreover, textile industry finishing agents exports to Egypt exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. Jordan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Jordan (X% per year).

In value terms, Egypt ($X) remains the key foreign market for finishing agents used in the textile industry exports from Israel, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Jordan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Jordan (X% per year).

Export Prices by Country

The average textile industry finishing agents export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and Mexico ($X per ton), while the average price for exports to the UK ($X per ton) and Jordan ($X per ton) were amongst the lowest.

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

Imports of Finishing Agents Used In The Textile Industry

Imports into Israel

In 2022, purchases abroad of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined markedly in the following year.

In value terms, textile industry finishing agents imports contracted to $X in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest textile industry finishing agents supplier to Israel, accounting for a X% share of total imports. Moreover, textile industry finishing agents imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of finishing agents used in the textile industry to Israel, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average textile industry finishing agents import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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