Israel: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Israel

For the fourth year in a row, the Israeli market for rigid tubes, pipes and hoses, of other polymers recorded growth in sales value, which increased by 27% to $X in 2022. In general, consumption enjoyed a prominent increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Israel

In value terms, production of rigid tubes, pipes and hoses, of other polymers stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 26%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Israel

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons), Italy (X tons) and Denmark (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from Israel, together comprising 42% of total exports. Belgium, Switzerland, Austria, Russia, Poland, the United States, Canada, Spain, Finland and Germany lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +95.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Israel were Chile ($X), Italy ($X) and Denmark ($X), with a combined 42% share of total exports. Belgium, Switzerland, Austria, Russia, Poland, the United States, Canada, Spain, Finland and Germany lagged somewhat behind, together comprising a further 43%.

Austria, with a CAGR of +97.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, shrinking by -17.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted dramatically in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Poland ($X per ton), while the average price for exports to Canada ($X per ton) and Chile ($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 Russia (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Israel

For the eighth consecutive year, Israel recorded growth in overseas purchases of rigid tubes, pipes and hoses, of other polymers, which increased by 93% to X tons in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2022. Overall, imports saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 119%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to Israel, with a 59% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. China (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +69.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+139.9% per year) and China (+29.3% per year).

In value terms, Germany ($X) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to Israel, comprising 59% of total imports. The second position in the ranking was taken by Turkey ($X), with a 21% share of total imports. It was followed by China, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +46.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+106.2% per year) and China (+11.4% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, which is down by -23.7% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2020 a decrease of -12.6% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-13.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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