Israel: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Israel

The Israeli plastic household articles market stood at $X in 2022, surging by 13% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 -2.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Plastic Household Articles Production in Israel

In value terms, plastic household articles production stood at $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 -2.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32%. Plastic household articles production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Household Articles Exports

Exports from Israel

Plastic household articles exports from Israel reduced markedly to X tons in 2022, which is down by -15.5% on the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 39%. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, plastic household articles exports shrank rapidly to $X in 2022. Overall, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +29.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for plastic household articles exports from Israel, with a 65% share of total exports. Moreover, plastic household articles exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), sevenfold. Canada (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+12.7% per year) and Canada (+17.2% per year).

In value terms, the United States ($X) remains the key foreign market for household articles and toilet articles of plastics exports from Israel, comprising 65% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.5% share of total exports. It was followed by Canada, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.3% per year) and Canada (+18.9% per year).

Export Prices by Country

In 2022, the average plastic household articles export price amounted to $X per ton, waning by -2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined slightly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($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 Australia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Israel

After six years of growth, supplies from abroad of household articles and toilet articles of plastics decreased by -3.5% to X tons in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 35%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, plastic household articles imports contracted modestly to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of plastic household articles imports to Israel, with a combined 60% share of total imports. Germany, the Netherlands, Brazil, Hungary, Spain, Austria, the United States, Thailand, Cyprus and Switzerland lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +205.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Italy ($X) were the largest plastic household articles suppliers to Israel, with a combined 60% share of total imports. Germany, the Netherlands, Brazil, Hungary, Spain, Austria, the United States, Thailand, Cyprus and Switzerland lagged somewhat behind, together comprising a further 27%.

In terms of the main suppliers, Brazil, with a CAGR of +206.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, surging by 2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.7% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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