Israel: Natural Polymers Market 2024

Natural Polymers Market Size in Israel

The Israeli natural polymers market reduced to $X in 2021, falling by -10.5% against the previous year. Over the period under review, consumption recorded a slight descent. The most prominent rate of growth was recorded in 2016 when the market value increased by 9.2% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Natural Polymers Production in Israel

In value terms, natural polymers production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16%. Natural polymers production peaked at $X in 2016; afterwards, it flattened through to 2021.

Natural Polymers Exports

Exports from Israel

In 2021, approx. X tons of natural and modified natural polymers in primary forms were exported from Israel; with an increase of 56% on the previous year's figure. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 1,075%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, natural polymers exports soared to $X in 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 975%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of natural polymers exports from Israel, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +251.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural polymers exported from Israel were the United States ($X), the Netherlands ($X) and the UK ($X), with a combined 91% share of total exports.

The Netherlands, with a CAGR of +248.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average natural polymers export price stood at $X per ton in 2021, increasing by 4.6% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 9.4% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 Cyprus (-0.4%), while the prices for the other major destinations experienced a decline.

Natural Polymers Imports

Imports into Israel

In 2021, the amount of natural and modified natural polymers in primary forms imported into Israel soared to X tons, picking up by 32% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural polymers imports surged to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.1% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 50%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Sweden (X tons) and the UK (X tons) were the main suppliers of natural polymers imports to Israel, with a combined 73% share of total imports. These countries were followed by China, Spain, Norway and the United States, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +20.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sweden ($X) and France ($X) were the largest natural polymers suppliers to Israel, together comprising 70% of total imports. These countries were followed by the United States, Spain, the UK and Norway, which together accounted for a further 23%.

Spain, with a CAGR of +20.1%, saw the highest rates of growth with regard to 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 natural polymers import price amounted to $X per ton, surging by 5.5% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, natural polymers import price decreased by -14.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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