Israel: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Israel

The Israeli sawnwood (non-coniferous) market dropped to $X in 2022, falling by -14.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a perceptible shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sawnwood (Non-Coniferous) Exports

Exports from Israel

In 2022, approx. X cubic meters of sawnwood (non-coniferous) were exported from Israel; falling by -99.4% on 2021 figures. In general, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2014 when exports increased by 632% against the previous year. Over the period under review, the exports reached the peak figure at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports fell dramatically to $X in 2022. Overall, exports faced a precipitous slump. The pace of growth was the most pronounced in 2014 when exports increased by 530% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Georgia (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Israel, accounting for a 70% share of total exports. Moreover, sawnwood (non-coniferous) exports to Georgia exceeded the volume sent to the second major destination, Nigeria (X cubic meters), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia stood at -64.2%.

In value terms, Georgia ($X) emerged as the key foreign market for sawnwood (non-coniferous) exports from Israel, comprising 79% of total exports. The second position in the ranking was held by Nigeria ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Georgia totaled -48.2%.

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, growing by 81% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (non-coniferous) export price increased by +98.7% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per cubic meter), while the average price for exports to Nigeria totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Israel

Sawnwood (non-coniferous) imports into Israel declined markedly to X cubic meters in 2022, which is down by -28.2% against 2021 figures. In general, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports attained the maximum at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports dropped remarkably to $X in 2022. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Finland (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to Israel, accounting for a 37% share of total imports. Moreover, sawnwood (non-coniferous) imports from Finland exceeded the figures recorded by the second-largest supplier, Latvia (X cubic meters), fourfold. The third position in this ranking was taken by Romania (X cubic meters), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Finland amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+8.4% per year) and Romania (-8.8% per year).

In value terms, Finland ($X) constituted the largest supplier of sawnwood (non-coniferous) to Israel, comprising 38% of total imports. The second position in the ranking was held by Latvia ($X), with an 8.9% share of total imports. It was followed by Romania, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Finland amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+10.1% per year) and Romania (-7.1% per year).

Import Prices by Country

In 2022, the average sawnwood (non-coniferous) import price amounted to $X per cubic meter, growing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 when the average import price increased by 17%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($X per cubic meter) and Romania ($X per cubic meter), while the price for Germany ($X per cubic meter) and Russia ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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