Israel: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Israel

The Israeli industrial roundwood (non-coniferous) market dropped dramatically to $X in 2022, waning by -20% against the previous year. Over the period under review, consumption, however, posted a buoyant expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Israel

In value terms, industrial roundwood (non-coniferous) production fell modestly to $X in 2022 estimated in export price. In general, production posted buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 126% against the previous year. Over the period under review, (non-coniferous) production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Israel

In 2022, overseas shipments of industrial roundwood were finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 1,572%. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the (non-coniferous) exports remained at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 2,066%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the (non-coniferous) exports failed to regain momentum.

Exports by Country

The Netherlands (X cubic meters) was the main destination for industrial roundwood (non-coniferous) exports from Israel, with a 60% share of total exports. Moreover, industrial roundwood (non-coniferous) exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X cubic meters), sevenfold. Japan (X cubic meters) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +155.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Japan (0.0% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for industrial roundwood exports from Israel, comprising 61% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.8% share of total exports. It was followed by Japan, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +227.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Japan (0.0% per year).

Export Prices by Country

In 2022, the average industrial roundwood (non-coniferous) export price amounted to $X per cubic meter, with a decrease of -15.4% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 76% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per cubic meter) and the Netherlands ($X per cubic meter), while the average price for exports to Singapore ($X per cubic meter) and Cyprus ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+28.2%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Israel

Industrial roundwood (non-coniferous) imports into Israel reached X cubic meters in 2022, growing by 14% on the previous year. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 687%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, industrial roundwood (non-coniferous) imports declined significantly to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 468% against the previous year. Over the period under review, (non-coniferous) imports attained the peak figure at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, Thailand (X cubic meters) constituted the largest industrial roundwood (non-coniferous) supplier to Israel, with a 90% share of total imports. Moreover, industrial roundwood (non-coniferous) imports from Thailand exceeded the figures recorded by the second-largest supplier, Ecuador (X cubic meters), more than tenfold. South Africa (X cubic meters) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at +114.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+101.8% per year) and South Africa (+53.8% per year).

In value terms, Thailand ($X) constituted the largest supplier of industrial roundwood to Israel, comprising 60% of total imports. The second position in the ranking was taken by South Africa ($X), with an 11% share of total imports. It was followed by Ecuador, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at +92.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+63.3% per year) and Ecuador (+185.1% per year).

Import Prices by Country

The average industrial roundwood (non-coniferous) import price stood at $X per cubic meter in 2022, declining by -41.8% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2014 an increase of 71% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per cubic meter), while the price for Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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