Israel: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Israel

For the fourth year in a row, the Israeli market for pure polyvinyl chloride in primary forms recorded growth in sales value, which increased by 3.2% to $X in 2022. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +73.8% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Israel

After two years of decline, overseas shipments of pure polyvinyl chloride in primary forms increased by 45% to X tons in 2022. In general, exports, however, faced a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 1,006%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms skyrocketed to $X in 2022. Over the period under review, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 577% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Israel, with a 67% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+35.0% per year) and Slovenia (-43.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for pure polyvinyl chloride in primary forms exports from Israel, comprising 81% of total exports. The second position in the ranking was held by the UK ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+15.8% per year) and Slovenia (-40.1% per year).

Export Prices by Country

In 2022, the average export price for pure polyvinyl chloride in primary forms amounted to $X per ton, reducing by -14% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Slovenia ($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 Canada (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Israel

After three years of growth, overseas purchases of pure polyvinyl chloride in primary forms decreased by -10% to X tons in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 16% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms expanded significantly to $X in 2022. Overall, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest pure polyvinyl chloride in primary forms supplier to Israel, with a 49% share of total imports. Moreover, imports of pure polyvinyl chloride in primary forms from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.5% per year) and Spain (+12.4% per year).

In value terms, the United States ($X) constituted the largest supplier of pure polyvinyl chloride in primary forms to Israel, comprising 49% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.6% per year) and Spain (+19.2% per year).

Import Prices by Country

In 2022, the average import price for pure polyvinyl chloride in primary forms amounted to $X per ton, rising by 21% against the previous year. In general, the import price recorded strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 72%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue 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 Mexico ($X per ton) and Germany ($X per ton), while the price for Singapore ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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