Israel: Market for Wood Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Residues, Pellets And Other Agglomerates in Israel

In 2021, the Israeli market for wood residues, pellets and other agglomerates decreased by -3.3% to $X for the first time since 2014, thus ending a six-year rising trend. Overall, consumption, however, continues to indicate significant growth. Consumption of peaked at $X in 2020, and then shrank slightly in the following year.

Production of Wood Residues, Pellets And Other Agglomerates in Israel

In value terms, production of wood residues, pellets and other agglomerates expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 16%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Israel

In 2021, shipments abroad of wood residues, pellets and other agglomerates decreased by 0% to X cubic meters, falling for the third year in a row after two years of decline. In general, exports faced a sharp decline. The smallest decline of -2.5% was in 2019. Over the period under review, the exports of attained the maximum at X cubic meters in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates stood at $X in 2021. Overall, exports saw a sharp decrease. The pace of growth was the most pronounced in 2019 with an increase of 13%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from Israel, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to the United States stood at +57.0%.

From 2014 to 2021, the average annual rate of growth in terms of value to the United States amounted to +74.7%.

Export Prices by Country

In 2021, the average export price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, approximately reflecting the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 15%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to +11.3% per year.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Israel

In 2021, after three years of growth, there was significant decline in overseas purchases of wood residues, pellets and other agglomerates, when their volume decreased by -12.8% to X cubic meters. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 111%. Over the period under review, imports of reached the peak figure at X cubic meters in 2020, and then shrank in the following year.

In value terms, imports of wood residues, pellets and other agglomerates fell to $X in 2021. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 75%. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

Germany (X cubic meters), Romania (X cubic meters) and the United States (X cubic meters) were the main suppliers of imports of wood residues, pellets and other agglomerates to Israel, with a combined 60% share of total imports. These countries were followed by Lithuania, the Netherlands, Portugal, Ukraine, Spain, Russia and Italy, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +96.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to Israel, comprising 32% of total imports. The second position in the ranking was held by Romania ($X), with a 15% share of total imports. It was followed by the United States, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+48.2% per year) and the United States (+32.4% per year).

Import Prices by Country

The average import price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, growing by 15% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for wood residues, pellets and other agglomerates increased by +27.4% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Lithuania ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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