Price for Poly(Lactic Acid); in Primary Forms in Israel - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Israel (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Israel (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Israel
- Exports of Poly(Lactic Acid); in Primary Forms in Israel
Price for Poly(Lactic Acid); in Primary Forms in Israel (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $3,457 per ton in 2022, increasing by 5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2013 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,457 per ton), while the price for China ($3,457 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Israel (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,197 per ton, surging by 11% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poly(lactic acid); in primary forms export price increased by +23.7% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 54% against the previous year. The export price peaked at $5,020 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,197 per ton), while the average price for exports to Germany stood at $3,197 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Israel
In 2022, approx. 267 tons of poly(lactic acid); in primary formses were imported into Israel; jumping by 18% against the year before. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 302%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $922K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 325%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 129 | 20.7 | 44.5 | 820 | 85.2% |
| Netherlands | 4.8 | 22.6 | 68.5 | 67.0 | 140.8% |
| China | 2.9 | 19.8 | 84.2 | 9.0 | 45.9% |
| Thailand | 14.5 | 7.1 | 0.3 | 8.0 | -18.0% |
| India | N/A | N/A | 90.0 | N/A | 0% |
| Finland | 17.4 | 94.1 | 23.5 | N/A | 16.2% |
| Others | 12.1 | 9.7 | 429 | 18.0 | 14.2% |
| Total | 181 | 174 | 740 | 922 | 72.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Israel in 2022:
- United States (237.2 tons)
- Netherlands (19.4 tons)
- China (2.6 tons)
- Thailand (2.3 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Israel
For the third year in a row, Israel recorded decline in shipments abroad of poly(lactic acid); in primary formses, which decreased by -59.1% to 5.9 tons in 2022. Overall, exports continue to indicate a precipitous decline. The smallest decline of -42.2% was in 2021.
In value terms, poly(lactic acid); in primary forms exports contracted markedly to $19K in 2022. In general, exports saw a precipitous shrinkage. The smallest decline of -35.4% was in 2021.
| Export of Poly(Lactic Acid); in Primary Forms in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.5 | 4.4 | 2.2 | 15.0 | -6.8% |
| United States | N/A | N/A | N/A | 4.0 | 0% |
| Spain | 17.9 | 14.1 | 0.4 | N/A | -85.1% |
| Belgium | 81.2 | 18.5 | 20.3 | N/A | -50.0% |
| Costa Rica | 7.1 | 0.7 | 0.9 | N/A | -64.4% |
| Mexico | N/A | 7.6 | N/A | N/A | 0% |
| Italy | 89.4 | 18.0 | 17.4 | N/A | -55.9% |
| Canada | 4.2 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 1.6 | 0.8 | N/A | -39.7% |
| Total | 220 | 65.0 | 42.0 | 19.0 | -55.8% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Israel in 2022:
- Germany (4.7 tons)
- United States (1.3 tons)
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