Israel: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Israel

The Israeli market for other plastic tubes, pipes and hoses soared to $X in 2022, picking up by 31% against the previous year. Overall, consumption saw a strong increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Other Plastic Tubes, Pipes and Hoses in Israel

In value terms, production of other plastic tubes, pipes and hoses expanded to $X in 2022 estimated in export price. Over the period under review, production showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Israel

In 2022, shipments abroad of other plastic tubes, pipes and hoses decreased by -4.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 86% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, exports of other plastic tubes, pipes and hoses reduced slightly to $X in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Israel, accounting for a 42% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to the United States exceeded the volume sent to the second major destination, Peru (X tons), twofold. The third position in this ranking was held by Chile (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +39.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+10.2% per year) and Chile (+8.5% per year).

In value terms, the United States ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Israel, comprising 41% of total exports. The second position in the ranking was held by Peru ($X), with a 16% share of total exports. It was followed by Chile, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+7.5% per year) and Chile (+6.3% per year).

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 53% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Ukraine ($X per ton), while the average price for exports to Peru ($X per ton) and Cuba ($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 Russia (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Israel

In 2022, the amount of other plastic tubes, pipes and hoses imported into Israel skyrocketed to X tons, growing by 100% compared with the previous year's figure. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of other plastic tubes, pipes and hoses surged to $X in 2022. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest other plastic tubes, pipes and hoses supplier to Israel, with a 45% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.0% per year) and the United States (+9.6% per year).

In value terms, China ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Israel, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +26.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.3% per year) and the United States (+2.9% per year).

Import Prices by Country

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, dropping by -41.8% against the previous year. In general, the import price saw a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 7.1%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-6.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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