Israel: Plywood Market 2025

Plywood Market Size in Israel

The Israeli plywood market skyrocketed to $X in 2021, growing by 42% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +54.6% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plywood Production in Israel

In value terms, plywood production expanded modestly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 4.1%. Plywood production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Plywood Exports

Exports from Israel

In 2021, the amount of plywood exported from Israel skyrocketed to X cubic meters, jumping by 3,500% compared with the previous year's figure. In general, exports, however, recorded a deep contraction. Over the period under review, the exports attained the maximum at X cubic meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, plywood exports shrank notably to $X in 2021. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of 312%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X cubic meters), South Africa (X cubic meters) and Cyprus (X cubic meters) were the main destinations of plywood exports from Israel.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +31.0%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the key foreign market for plywood exports from Israel, comprising 53% of total exports. The second position in the ranking was taken by Cyprus ($X), with an 18% share of total exports. It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+31.4% per year) and the United States (+34.1% per year).

Export Prices by Country

In 2021, the average plywood export price amounted to $X per cubic meter, waning by -97.9% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 21,708% against the previous year. As a result, the export price reached the peak level of $X per cubic meter, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per cubic meter), while the average price for exports to the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+83.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plywood Imports

Imports into Israel

In 2021, after two years of decline, there was significant growth in overseas purchases of plywood, when their volume increased by 63% to X cubic meters. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plywood imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X cubic meters) constituted the largest plywood supplier to Israel, with a 74% share of total imports. Moreover, plywood imports from China exceeded the figures recorded by the second-largest supplier, Russia (X cubic meters), sixfold. The third position in this ranking was held by the United Arab Emirates (X cubic meters), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+23.4% per year) and the United Arab Emirates (0.0% per year).

In value terms, China ($X) constituted the largest supplier of plywood to Israel, comprising 75% of total imports. The second position in the ranking was taken by Russia ($X), with a 12% share of total imports. It was followed by the United Arab Emirates, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.7% per year) and the United Arab Emirates (0.0% per year).

Import Prices by Country

The average plywood import price stood at $X per cubic meter in 2021, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2020 when the average import price increased by 19% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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