Israel: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Israel

The Israeli market for self-adhesive plastic tape in rolls of a width under 20cm expanded markedly to $X in 2022, increasing by 8.7% 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). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Israel

For the fourth consecutive year, Israel recorded growth in shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm, which increased by 38% to X tons in 2022. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 501% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm skyrocketed to $X in 2022. In general, exports saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 455%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Brazil (X tons), Germany (X tons) and the United States (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Israel, together comprising 74% of total exports. The UK, the Philippines, the Netherlands, Sweden, Austria, Canada and France lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +121.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Israel were Brazil ($X), Germany ($X) and the United States ($X), with a combined 74% share of total exports. The UK, the Philippines, the Netherlands, Sweden, Austria, Canada and France lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Sweden, with a CAGR of +124.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, falling by -10.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per ton) and the Philippines ($X per ton), while the average price for exports to the UK ($X per ton) and Germany ($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 Austria (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Israel

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm was finally on the rise to reach X tons after two years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Israel, with a 36% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.8% per year) and Germany (+10.8% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Israel, comprising 36% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.8% per year) and Germany (+11.9% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 11%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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