Israel: Textile Tubing Market 2024

Textile Tubing Market Size in Israel

In 2022, after three years of growth, there was decline in the Israeli textile tubing market, when its value decreased by -1.1% to $X. In general, consumption continues to indicate a pronounced expansion. Over the period under review, the market attained the peak level at $X in 2021, and then shrank slightly in the following year.

Textile Tubing Production in Israel

In value terms, textile tubing production expanded significantly to $X in 2022 estimated in export price. Overall, production recorded mild growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 103% against the previous year. Textile tubing production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Textile Tubing Exports

Exports from Israel

Textile tubing exports from Israel totaled X tons in 2022, therefore, remained relatively stable against the previous year. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 376%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, textile tubing exports dropped to $X in 2022. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 174% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for textile tubing exports from Israel, accounting for a 94% share of total exports. Moreover, textile tubing exports to the United States exceeded the volume sent to the second major destination, Slovenia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +2,755.7%.

In value terms, the United States ($X) emerged as the key foreign market for textile hosepiping and similar textile tubing exports from Israel, comprising 94% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 5.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +2,482.0%.

Export Prices by Country

The average textile tubing export price stood at $X per ton in 2022, shrinking by -7.2% against the previous year. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 108% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovenia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+118.4%), while the prices for the other major destinations experienced a decline.

Textile Tubing Imports

Imports into Israel

Textile tubing imports into Israel shrank to X tons in 2022, reducing by -8.5% against the previous year's figure. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, textile tubing imports reduced to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest textile tubing supplier to Israel, accounting for a 82% share of total imports. Moreover, textile tubing imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and the United States (+2.9% per year).

In value terms, China ($X) constituted the largest supplier of textile hosepiping and similar textile tubing to Israel, comprising 82% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.8% per year) and the United States (+0.5% per year).

Import Prices by Country

The average textile tubing import price stood at $X per ton in 2022, surging by 3.7% against the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6.1% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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