Israel: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Israel

The Israeli high-tenacity filament nylon yarn market surged to $X in 2022, jumping by 16% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 -11.5% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Israel

In value terms, high-tenacity filament nylon yarn production surged to $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 -12.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 96%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Israel

In 2022, overseas shipments of high-tenacity filament yarn of nylon or other polyamides decreased by -67.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 442% against the previous year. The exports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, high-tenacity filament nylon yarn exports reduced markedly to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 482%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined notably in the following year.

Exports by Country

India (X tons), Vietnam (X tons) and Cameroon (X kg) were the main destinations of high-tenacity filament nylon yarn exports from Israel, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +77.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Vietnam ($X) and Cameroon ($X) appeared to be the largest markets for high-tenacity filament nylon yarn exported from Israel worldwide, with a combined 99% share of total exports.

Among the main countries of destination, India, with a CAGR of +88.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, jumping by 30% against the previous year. Overall, the export price saw a measured increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Israel

In 2022, the amount of high-tenacity filament yarn of nylon or other polyamides imported into Israel surged to X tons, rising by 73% on 2021 figures. In general, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 when imports increased by 315%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. Over the period under review, imports, however, showed a deep setback. The growth pace was the most rapid in 2016 when imports increased by 275%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Italy (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Israel, together comprising 80% of total imports. Spain, Japan, the United States and Germany lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +32.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Italy ($X) constituted the largest high-tenacity filament nylon yarn suppliers to Israel, together comprising 80% of total imports. Spain, Japan, the United States and Germany lagged somewhat behind, together comprising a further 16%.

Spain, with a CAGR of +36.4%, recorded the highest rates of growth with regard to the value of imports, among 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 high-tenacity filament nylon yarn import price amounted to $X per ton, picking up by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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