Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel - 2024
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (CIF) - 2024
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (CIF) - 2024
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,757 per ton in January 2024, almost unchanged from the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 6.6% month-to-month. The import price peaked at $4,855 per ton in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from the United States ($4,757 per ton) and the Netherlands ($4,757 per ton), while the price for Italy ($4,757 per ton) and France ($4,757 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,053 per ton in 2022, with an increase of 4.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 9.8% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($4,053 per ton) and the United States ($4,053 per ton), while the average price for exports to France ($4,049 per ton) and Russia ($4,052 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel
In 2022, after two years of decline, there was growth in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 0.8% to 9.1K tons. Over the period under review, imports, however, saw a abrupt descent.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $42M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.5 | 6.8 | 4.5 | 8.8 | 36.0% |
| United States | 7.0 | 6.8 | 6.4 | 7.1 | 0.5% |
| Germany | 9.6 | 6.9 | 7.0 | 5.4 | -17.5% |
| Switzerland | 2.1 | 3.1 | 1.2 | 5.3 | 36.2% |
| Italy | 3.9 | 4.7 | 6.4 | 5.0 | 8.6% |
| Turkey | 0.9 | 1.3 | 2.6 | 3.3 | 54.2% |
| Spain | 2.4 | 2.2 | 1.6 | 1.8 | -9.1% |
| Others | 7.4 | 4.9 | 6.2 | 5.4 | -10.0% |
| Total | 36.8 | 36.7 | 35.9 | 42.1 | 4.6% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Israel in 2022:
- Netherlands (1.9K tons)
- United States (1.5K tons)
- Germany (1.2K tons)
- Switzerland (1.2K tons)
- Italy (1.1K tons)
- Turkey (0.7K tons)
- Spain (0.4K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel
In 2022, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -39.9% to 202 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 490 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced rapidly to $818K in 2022. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.0 | 162 | 182 | 281 | 118.3% |
| Brazil | 408 | 588 | 353 | 139 | -30.2% |
| Georgia | 8.0 | 40.0 | 49.0 | 92.0 | 125.7% |
| South Africa | 84.0 | 42.0 | 309 | 76.0 | -3.3% |
| Hong Kong SAR | N/A | N/A | 4.0 | 75.0 | 1775.0% |
| Turkey | 139 | 98.0 | 66.0 | 29.0 | -40.7% |
| Senegal | 5.0 | N/A | 1.0 | 24.0 | 68.7% |
| Philippines | 70.0 | 26.0 | 33.0 | 9.0 | -49.5% |
| Spain | 89.0 | 104 | 7.0 | N/A | -72.0% |
| Peru | 51.0 | 142 | 101 | N/A | 40.7% |
| Mexico | N/A | 326 | 1.0 | N/A | -99.7% |
| Chile | 83.0 | N/A | N/A | N/A | 0% |
| Others | 256 | 206 | 198 | 93.0 | -28.6% |
| Total | 1,220 | 1,734 | 1,304 | 818 | -12.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Israel in 2022:
- United States (69.3 tons)
- Brazil (34.3 tons)
- Georgia (22.7 tons)
- South Africa (18.8 tons)
- Hong Kong SAR (18.5 tons)
- Turkey (7.2 tons)
- Senegal (5.9 tons)
- Philippines (2.2 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Israel.
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