Israel: Cement Pipe Market 2024

Cement Pipe Market Size in Israel

The Israeli cement pipe market expanded notably to $X in 2022, increasing by 6.8% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Cement Pipe Production in Israel

In value terms, cement pipe production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 28%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Cement Pipe Exports

Exports from Israel

In 2022, overseas shipments of pipes and other articles of cement decreased by -19.8% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 2,343%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cement pipe exports contracted remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of 2,327%. The exports peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for cement pipe exports from Israel, with a 77% share of total exports. Moreover, cement pipe exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +148.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+139.8% per year) and China (+17.7% per year).

In value terms, the United States ($X) remains the key foreign market for pipes and other articles of cement exports from Israel, comprising 77% of total exports. The second position in the ranking was taken by Canada ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +158.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+147.9% per year) and China (+22.3% per year).

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, reducing by -5.8% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe export price increased by +9.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 26%. The export price peaked at $X per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Israel

Cement pipe imports into Israel shrank dramatically to X tons in 2022, declining by -26.5% compared with the year before. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 59% against the previous year. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, cement pipe imports declined sharply to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of cement pipe imports to Israel, with a combined 77% share of total imports. Turkey, India, Vietnam, Poland, Canada, the UK and Spain lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +54.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cement pipe suppliers to Israel were China ($X), Germany ($X) and Italy ($X), together comprising 77% of total imports. Turkey, India, Vietnam, Poland, Canada, the UK and Spain lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Turkey, with a CAGR of +60.9%, 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 cement pipe import price stood at $X per ton in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure 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 Vietnam ($X per ton) and India ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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