Israel: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Israel

In 2022, the Israeli paperboard container machine market increased by 23% to $X, rising for the third consecutive year after two years of decline. Overall, consumption showed a moderate expansion. Paperboard container machine consumption peaked in 2022 and is likely to see gradual growth in the near future.

Paperboard Container Machine Production in Israel

In value terms, paperboard container machine production expanded significantly to $X in 2022 estimated in export price. In general, production, however, showed a mild setback. The pace of growth was the most pronounced in 2015 with an increase of 286%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Paperboard Container Machine Exports

Exports from Israel

In 2022, shipments abroad of machines for making containers of paper or paperboard decreased by -11.1% to X units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2016 when exports increased by 244% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, paperboard container machine exports contracted markedly to $X in 2022. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2016 when exports increased by 182% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for paperboard container machine exports from Israel, accounting for a 63% share of total exports. Moreover, paperboard container machine exports to the United States exceeded the volume sent to the second major destination, Russia (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-6.7% per year) and Taiwan (Chinese) (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for machines for making containers of paper or paperboard exports from Israel, comprising 59% of total exports. The second position in the ranking was taken by Russia ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-6.0% per year) and Taiwan (Chinese) (0.0% per year).

Export Prices by Country

The average paperboard container machine export price stood at $X per unit in 2022, waning by -21.7% against the previous year. In general, the export price continues to indicate a slight contraction. The growth pace was the most rapid in 2017 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Israel

In 2022, purchases abroad of machines for making containers of paper or paperboard increased by 24% to X units, rising for the second year in a row after two years of decline. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 392%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, paperboard container machine imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed prominent growth. The growth pace was the most rapid in 2016 with an increase of 342%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Sweden (X units) and India (X units) were the main suppliers of paperboard container machine imports to Israel, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +100.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paperboard container machine suppliers to Israel were Italy ($X), Sweden ($X) and India ($X), together accounting for 84% of total imports.

India, with a CAGR of +186.8%, recorded the highest growth rate of 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 2022, the average paperboard container machine import price amounted to $X per unit, rising by 3.9% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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