Israel: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Israel

In 2021, the Israeli gypsum, anhydrite and limestone market increased by 1.5% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a relatively flat trend pattern. Gypsum, anhydrite and limestone consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Gypsum, Anhydrite And Limestone in Israel

In value terms, gypsum, anhydrite and limestone production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 29%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Israel

In 2021, overseas shipments of gypsum, anhydrite and limestone were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 1,017%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 204% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Palestine (X tons) and Kenya (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Israel, together accounting for 71% of total exports. The United States and Congo lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Congo (with a CAGR of +13.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Palestine ($X) and the United States ($X) constituted the largest markets for gypsum, anhydrite and limestone exported from Israel worldwide, together accounting for 83% of total exports. Kenya and Congo lagged somewhat behind, together comprising a further 16%.

Congo, with a CAGR of +18.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, surging by 51% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2016 an increase of 121%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gypsum, Anhydrite And Limestone

Imports into Israel

In 2021, overseas purchases of gypsum, anhydrite and limestone decreased by -2.8% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 18% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 15%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Cyprus (X tons) constituted the largest gypsum, anhydrite and limestone supplier to Israel, accounting for a 47% share of total imports. Moreover, gypsum, anhydrite and limestone imports from Cyprus exceeded the figures recorded by the second-largest supplier, Turkey (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Cyprus was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.6% per year) and Spain (-51.2% per year).

In value terms, Cyprus ($X) constituted the largest supplier of gypsum, anhydrite and limestone to Israel, comprising 61% of total imports. The second position in the ranking was taken by Turkey ($X), with a 3.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Cyprus stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-3.7% per year) and Spain (-61.4% per year).

Import Prices by Country

The average gypsum, anhydrite and limestone import price stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the import price, however, recorded a mild descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Cyprus ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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