Israel: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Israel

The Israeli market for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X in 2022, rising by 11% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.6% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Israel

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics stood at $X in 2022 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Israel

After two years of growth, overseas shipments of non-cellular plates, sheets, film, foil and strip of plastics decreased by -6.1% to X tons in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 12%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics declined slightly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 20%. Over the period under review, the exports of hit record highs at $X in 2021, and then reduced modestly in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Israel, accounting for a 26% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to the United States exceeded the volume sent to the second major destination, France (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.2% per year) and the Netherlands (+12.5% per year).

In value terms, the United States ($X) remains the key foreign market for non-cellular plates, sheets, film, foil and strip of plastics exports from Israel, comprising 26% of total exports. The second position in the ranking was held by France ($X), with a 9.8% share of total exports. It was followed by the Netherlands, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+14.0% per year) and the Netherlands (+13.3% per year).

Export Prices by Country

The average export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, surging by 3.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 11%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per ton) and Slovenia ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Israel

In 2022, the amount of non-cellular plates, sheets, film, foil and strip of plastics imported into Israel reduced modestly to X tons, standing approx. at the previous year's figure. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.2% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of 24% against the previous year. Imports peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics totaled $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

India (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Israel, together comprising 60% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Israel were India ($X), Turkey ($X) and Italy ($X), with a combined 60% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +22.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, picking up by 7.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 10%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and the United States ($X per ton), while the price for the UK ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform