Israel: Market for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms 2024

Market Size for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in Israel

The Israeli market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms skyrocketed to $X in 2022, growing by X% 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 showed notable growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Exports from Israel

In 2022, approx. X tons of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were exported from Israel; flattening at 2021. Overall, exports enjoyed a significant increase. The smallest decline of X% was in 2015. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $X in 2022. In general, exports recorded a strong increase. The smallest decline of X% was in 2015. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

India (X tons) was the main destination for exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Israel, accounting for a X% share of total exports. Moreover, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to India exceeded the volume sent to the second major destination, the UK (X tons), twofold.

From 2014 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

In value terms, the largest markets for vinyl chloride-vinyl acetate and other vinyl chloride copolymers exported from Israel were India ($X), the United States ($X) and the UK ($X).

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a sharp setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Imports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Imports into Israel

In 2022, approx. X tons of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were imported into Israel; increasing by X% compared with 2021. In general, imports continue to indicate a measured expansion. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms surged to $X in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers supplier to Israel, with a X% share of total imports. Moreover, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by France (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to Israel, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Germany ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform