Israel: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Israel

For the tenth year in a row, the Israeli non-woven glass fibre articles market recorded growth in sales value, which increased by 32% to $X in 2021. Overall, consumption recorded buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Israel

In 2021, non-woven glass fibre articles exports from Israel shrank remarkably to X tons, waning by -38.1% compared with the previous year's figure. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 317%. As a result, the exports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, non-woven glass fibre articles exports shrank markedly to $X in 2021. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 312% against the previous year. As a result, the exports attained the peak of $X, and then shrank sharply in the following year.

Exports by Country

Japan (X tons), the United States (X tons) and Germany (X tons) were the main destinations of non-woven glass fibre articles exports from Israel, with a combined 81% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +106.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for non-woven glass fibre articles exported from Israel worldwide, together comprising 81% of total exports.

Germany, with a CAGR of +106.3%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average non-woven glass fibre articles export price amounted to $X per ton, increasing by 5.7% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 46%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Belgium ($X per ton) and Hong Kong SAR ($X per ton), while the average price for exports to Germany ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Israel

In 2021, the amount of non-woven glass fibre webs, felts, mattresses and boards imported into Israel surged to X tons, with an increase of 26% against the previous year. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 41% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, non-woven glass fibre articles imports surged to $X in 2021. In general, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Sweden (X tons) and China (X tons) were the main suppliers of non-woven glass fibre articles imports to Israel, together comprising 82% of total imports. The United States, Poland, France, Mexico and the UK lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +1,332.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Sweden ($X) and China ($X) were the largest non-woven glass fibre articles suppliers to Israel, together accounting for 82% of total imports. The United States, Poland, France, Mexico and the UK lagged somewhat behind, together comprising a further 13%.

Poland, with a CAGR of +1,436.9%, 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

The average non-woven glass fibre articles import price stood at $X per ton in 2021, increasing by 3.4% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The growth pace was the most rapid in 2018 an increase of 13%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Mexico ($X per ton) and the United States ($X per ton), while the price for the UK ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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