Israel: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Israel

The Israeli plastic household ware market was estimated at $X in 2021, growing by 5.6% against the previous year. Over the period under review, consumption saw strong growth. Plastic household ware consumption peaked in 2021 and is expected to retain growth in the near future.

Plastic Household Ware Production in Israel

In value terms, plastic household ware production declined remarkably to $X in 2021 estimated in export price. In general, production, however, saw mild growth. The growth pace was the most rapid in 2019 when the production volume increased by 121%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted sharply in the following year.

Plastic Household Ware Exports

Exports from Israel

In 2021, shipments abroad of plastics household articles and toilet articles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for plastic household ware exports from Israel, accounting for a 62% share of total exports. Moreover, plastic household ware exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), tenfold. The third position in this ranking was taken by Belgium (X tons), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.7% per year) and Belgium (+9.0% per year).

In value terms, the United States ($X) remains the key foreign market for plastics household articles and toilet articles exports from Israel, comprising 61% of total exports. The second position in the ranking was held by Germany ($X), with a 6.2% share of total exports. It was followed by Belgium, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.4% per year) and Belgium (+11.1% per year).

Export Prices by Country

In 2021, the average plastic household ware export price amounted to $X per ton, rising by 2.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 an increase of 17%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Greece ($X per ton) and Australia ($X per ton), while the average price for exports to Belgium ($X per ton) and the United States ($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 Greece (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Israel

In 2021, approx. X tons of plastics household articles and toilet articles were imported into Israel; rising by 31% against the year before. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware imports skyrocketed to $X in 2021. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Greece (X tons) were the main suppliers of plastic household ware imports to Israel, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +20.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware suppliers to Israel were Turkey ($X), China ($X) and Greece ($X), together comprising 81% of total imports.

Among the main suppliers, Turkey, with a CAGR of +21.9%, 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 plastic household ware import price stood at $X per ton in 2021, rising by 5.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.6%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Greece ($X per ton) and Turkey ($X per ton), while the price for Italy ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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