Israel: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Israel

In 2021, after six years of decline, there was significant growth in the Israeli market for liquid or compressed air and distilled or conductivity water, when its value increased by 49% to $X. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Israel

In value terms, liquid air and distilled water production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 22%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from Israel

In 2021, shipments abroad of liquid or compressed air and distilled or conductivity water decreased by -20.8% to X tons, falling for the eighth year in a row after two years of growth. In general, exports saw a sharp decline. The pace of growth was the most pronounced in 2013 when exports increased by 23% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, liquid air and distilled water exports reached $X in 2021. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 24%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons), the Netherlands (X tons) and Mexico (X tons) were the main destinations of liquid air and distilled water exports from Israel, with a combined 45% share of total exports. Italy, Morocco, the United States, Thailand, South Africa, Australia, Greece, France, China and Russia lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of -11.4%), while shipments for the other leaders experienced a decline.

In value terms, Spain ($X), the Netherlands ($X) and the United States ($X) constituted the largest markets for liquid air and distilled water exported from Israel worldwide, with a combined 43% share of total exports. These countries were followed by Italy, Australia, Greece, Mexico, South Africa, France, Thailand, China, Russia and Morocco, which together accounted for a further 40%.

Among the main countries of destination, Australia, with a CAGR of +0.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, growing by 37% against the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2018 an increase of 37%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Morocco ($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 Greece (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into Israel

In 2021, purchases abroad of liquid or compressed air and distilled or conductivity water increased by 26% to X tons, rising for the fourth year in a row after two years of decline. In general, imports, however, continue to indicate a mild downturn. The pace of growth was the most pronounced in 2019 with an increase of 45% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, liquid air and distilled water imports skyrocketed to $X in 2021. Overall, imports posted a slight increase. The pace of growth appeared the most rapid in 2019 when imports increased by 39% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest liquid air and distilled water supplier to Israel, accounting for a 43% share of total imports. Moreover, liquid air and distilled water imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.3% per year) and the Netherlands (+65.3% per year).

In value terms, the United States ($X), Japan ($X) and Germany ($X) appeared to be the largest liquid air and distilled water suppliers to Israel, together comprising 80% of total imports.

Japan, with a CAGR of +125.8%, recorded the highest growth rate of 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 2021, the average import price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, picking up by 6.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+178.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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