Israel: Drawing Board Market 2024

Drawing Board Market Size in Israel

For the third consecutive year, the Israeli drawing board market recorded growth in sales value, which increased by 11% to $X in 2022. Overall, consumption enjoyed prominent growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Drawing Board Exports

Exports from Israel

In 2022, the amount of slates and boards with writing or drawing surfaces exported from Israel fell to X units, with a decrease of -6.9% against the previous year's figure. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 2,217%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, drawing board exports shrank rapidly to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 2,200% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Palestine (X units), the United States (X units) and Spain (X units) were the main destinations of drawing board exports from Israel, together accounting for 86% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +154.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for drawing board exported from Israel were Spain ($X), Palestine ($X) and the United States ($X), together accounting for 79% of total exports.

Among the main countries of destination, Spain, with a CAGR of +155.5%, saw 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 drawing board export price amounted to $X per unit, declining by -14.6% against the previous year. In general, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Spain ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.8%), while the prices for the other major destinations experienced a decline.

Drawing Board Imports

Imports into Israel

Drawing board imports into Israel was estimated at X units in 2022, rising by 5.8% against 2021 figures. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, drawing board imports expanded markedly to $X in 2022. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of drawing board to Israel, with a 68% share of total imports. Moreover, drawing board imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), more than tenfold. The third position in this ranking was taken by Turkey (X units), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+0.8% per year) and Turkey (+42.2% per year).

In value terms, China ($X) constituted the largest supplier of slates and boards with writing or drawing surfaces to Israel, comprising 68% of total imports. The second position in the ranking was taken by Portugal ($X), with a 5.5% share of total imports. It was followed by Turkey, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+2.1% per year) and Turkey (+44.7% per year).

Import Prices by Country

The average drawing board import price stood at $X per unit in 2022, increasing by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 9.7% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Turkey ($X per unit), while the price for China ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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