Israel: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Israel

The Israeli market for plastic plates, sheets, film, foil and strip contracted to $X in 2021, with a decrease of -3.1% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +22.3% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank slightly in the following year.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Israel

In value terms, production of plastic plates, sheets, film, foil and strip dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Israel

In 2021, the amount of plastic plates, sheets, film, foil and strip exported from Israel was estimated at X tons, increasing by 7.7% compared with 2020 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 11%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of plastic plates, sheets, film, foil and strip soared to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Israel, accounting for a 29% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to the United States exceeded the volume sent to the second major destination, Australia (X tons), twofold. Brazil (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+4.4% per year) and Brazil (+3.2% per year).

In value terms, the United States ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from Israel, comprising 28% of total exports. The second position in the ranking was held by Australia ($X), with a 10% share of total exports. It was followed by the UK, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+4.2% per year) and the UK (-0.3% per year).

Export Prices by Country

In 2021, the average export price for plastic plates, sheets, film, foil and strip amounted to $X per ton, increasing by 9.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Poland ($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 Italy (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Israel

In 2021, purchases abroad of plastic plates, sheets, film, foil and strip decreased by -3% to X tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.5% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 13%. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of plastic plates, sheets, film, foil and strip expanded markedly to $X in 2021. The total import value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 18%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of plastic plate, sheet, film, foil and strip to Israel, with a 24% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.3% per year) and China (+6.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Israel, comprising 22% of total imports. The second position in the ranking was held by China ($X), with a 9.7% share of total imports. It was followed by India, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.9% per year) and India (+9.8% per year).

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 14% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the United States ($X per ton) and the UK ($X per ton), while the price for Greece ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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