Israel: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Israel

The Israeli market for tiles, flagstones and similar articles of cement, concrete or artificial stone rose rapidly to $X in 2021, growing by 9.5% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.4% against 2019 indices. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Israel

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of 50% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Israel

In 2021, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -3.2% to X tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -45.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 37% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone declined to $X in 2021. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of 29%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Israel, accounting for a 41% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Australia exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+28.4% per year) and the UK (+16.8% per year).

In value terms, Australia ($X) remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Israel, comprising 41% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports. It was followed by the UK, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+16.9% per year) and the UK (+7.8% per year).

Export Prices by Country

In 2021, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, increasing by 3.3% against the previous year. In general, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Russia ($X per ton) and Australia ($X per ton), while the average price for exports to Singapore ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.6%), while the prices for the other major destinations experienced a decline.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Israel

In 2021, supplies from abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -1.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of X tons, and then fell slightly in the following year.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Over the period under review, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 63%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Spain (X tons) constituted the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier to Israel, accounting for a 64% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.8% per year) and Italy (+3.0% per year).

In value terms, Spain ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Israel, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +40.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.2% per year) and Italy (+4.8% per year).

Import Prices by Country

In 2021, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, picking up by 21% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2015 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Vietnam ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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