Israel: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Israel

For the third consecutive year, the Israeli market for plasticised mixed polyvinyl chloride in primary forms recorded growth in sales value, which increased by 22% to $X in 2022. Over the period under review, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +128.0% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Israel

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms exported from Israel soared to X tons, jumping by 21% on 2021 figures. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 1,717%. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 when exports increased by 1,516%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Israel, accounting for a 60% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to the United States exceeded the volume sent to the second major destination, Turkey (X tons), fourfold. Russia (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+87.1% per year) and Russia (+13.7% per year).

In value terms, the United States ($X) remains the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Israel, comprising 60% of total exports. The second position in the ranking was held by Turkey ($X), with a 14% share of total exports. It was followed by Russia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+102.8% per year) and Russia (+17.5% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, increasing by 19% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +61.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per ton) and Russia ($X per ton), while the average price for exports to Turkey ($X per ton) and the United States ($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 the United States (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Israel

For the third consecutive year, Israel recorded growth in overseas purchases of plasticised mixed polyvinyl chloride in primary forms, which increased by 9.6% to X tons in 2022. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 26%. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +123.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest plasticised mixed polyvinyl chloride in primary forms supplier to Israel, accounting for a 41% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.1% per year) and the Czech Republic (+12.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Israel, comprising 41% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by the Czech Republic, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.7% per year) and the Czech Republic (+25.1% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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