Israel: Veneer Sheet Market 2024

Veneer Sheet Market Size in Israel

The Israeli veneer sheet market contracted to $X in 2022, with a decrease of -13.2% against the previous year. Over the period under review, consumption, however, continues to indicate a measured expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Veneer Sheet Production in Israel

In value terms, veneer sheet production contracted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 33% against the previous year. Veneer sheet production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Veneer Sheet Exports

Exports from Israel

After four years of growth, overseas shipments of veneer sheets and sheets for plywood and other wood sawn lengthwise decreased by -99.2% to X square meters in 2022. In general, exports faced a dramatic decline. The pace of growth was the most pronounced in 2013 with an increase of 56%. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, veneer sheet exports shrank notably to $X in 2022. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 50%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X square meters) was the main destination for veneer sheet exports from Israel, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at -18.9%.

In value terms, Turkey ($X) emerged as the key foreign market for veneer sheets and sheets for plywood and other wood sawn lengthwise exports from Israel.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at -22.3%.

Export Prices by Country

In 2022, the average veneer sheet export price amounted to $X per square meter, with an increase of 77% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +8.8% per year.

Veneer Sheet Imports

Imports into Israel

In 2022, purchases abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise decreased by -16.8% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% 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 +17.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs at X square meters in 2021, and then contracted rapidly in the following year.

In value terms, veneer sheet imports expanded sharply to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +64.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X square meters), Italy (X square meters) and Germany (X square meters) were the main suppliers of veneer sheet imports to Israel, together comprising 58% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest veneer sheet suppliers to Israel were the United States ($X), Italy ($X) and Germany ($X), together comprising 58% of total imports.

Italy, with a CAGR of +17.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average veneer sheet import price amounted to $X per square meter, growing by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2016 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $X per square meter; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :