Israel: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Israel

In 2021, the Israeli industrial monocarboxylic fatty acids market decreased by -2.1% to $X for the first time since 2015, thus ending a five-year rising trend. In general, consumption, however, showed a perceptible increase. Industrial monocarboxylic fatty acids consumption peaked at $X in 2020, and then declined slightly in the following year.

Production of Industrial Monocarboxylic Fatty Acids in Israel

In value terms, industrial monocarboxylic fatty acids production fell to $X in 2021 estimated in export price. In general, production, however, recorded a resilient increase. The growth pace was the most rapid in 2018 with an increase of 570% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Israel

In 2021, overseas shipments of industrial monocarboxylic fatty acids increased by 107% to X tons, rising for the third consecutive year after three years of decline. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids exports surged to $X in 2021. Over the period under review, exports saw tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for industrial monocarboxylic fatty acids exports from Israel, with a 54% share of total exports. Moreover, industrial monocarboxylic fatty acids exports to the United States exceeded the volume sent to the second major destination, Spain (X tons), fourfold. France (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+4.7% per year) and France (+7.3% per year).

In value terms, the United States ($X) remains the key foreign market for industrial monocarboxylic fatty acids exports from Israel, comprising 54% of total exports. The second position in the ranking was held by Spain ($X), with a 15% share of total exports. It was followed by France, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+8.7% per year) and France (+11.3% per year).

Export Prices by Country

The average industrial monocarboxylic fatty acids export price stood at $X per ton in 2021, rising by 33% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. 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 2021, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and the United States ($X per ton), while the average price for exports to Singapore ($X per ton) and the UK ($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 Italy (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Israel

In 2021, overseas purchases of industrial monocarboxylic fatty acids were finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a mild downturn. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, industrial monocarboxylic fatty acids imports surged to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Argentina (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of industrial monocarboxylic fatty acids imports to Israel, together accounting for 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +98.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial monocarboxylic fatty acids suppliers to Israel were Argentina ($X), Russia ($X) and Turkey ($X), together comprising 68% of total imports.

Argentina, with a CAGR of +111.2%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average industrial monocarboxylic fatty acids import price amounted to $X per ton, surging by 35% against the previous year. Over the period under review, the import price posted notable growth. The pace of growth appeared the most rapid in 2018 an increase of 76%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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