$Israel - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights$

Report Update: May 1, 2024

Israel - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Synthetic Rubber (Excluding Latex) in Israel - 2023

Price for Synthetic Rubber (Excluding Latex) in Israel (CIF) - 2022

The average synthetic rubber (excluding latex) import price stood at $2,376 per ton in 2021, picking up by 14% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 21%. Over the period under review, average import prices reached the peak figure at $3,063 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,533 per ton), while the price for the Czech Republic ($1,903 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Synthetic Rubber (Excluding Latex) in Israel (FOB) - 2022

The average synthetic rubber (excluding latex) export price stood at $3,049 per ton in 2021, jumping by 54% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. Over the period under review, the average export prices reached the maximum at $4,384 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($3,835 per ton), while the average price for exports to the United States ($2,298 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+52.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Rubber (Excluding Latex) in Israel

In 2022, synthetic rubber (excluding latex) imports into Israel plummeted to 12K tons, shrinking by -23.2% compared with the year before. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of 15K tons, and then contracted dramatically in the following year.

In value terms, synthetic rubber (excluding latex) imports contracted to $34M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports reached the peak of $36M, and then reduced in the following year.

Import of Synthetic Rubber (Excluding Latex) in Israel (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
United States	5.1	6.1	11.0	46.9%
Poland	2.5	1.7	3.6	20.0%
Turkey	1.6	2.2	2.6	27.5%
Italy	1.3	1.5	2.3	33.0%
Japan	2.5	0.5	2.2	-6.2%
Russia	0.5	N/A	2.1	104.9%
Germany	2.7	1.1	2.0	-13.9%
China	1.1	0.5	1.8	27.9%
South Korea	1.0	0.7	1.5	22.5%
Belgium	0.8	0.4	1.1	17.3%
Czech Republic	1.5	0.4	1.0	-18.4%
Taiwan (Chinese)	0.5	0.2	0.9	34.2%
United Kingdom	0.6	0.7	0.9	22.5%
Others	2.2	5.1	2.6	8.7%
Total	24.0	21.1	35.6	21.8%

Top Suppliers of Synthetic Rubber (Excluding Latex) to Israel in 2022:

United States (5.3K tons)
Poland (1.6K tons)
Russia (1.0K tons)
Italy (0.9K tons)
Turkey (0.8K tons)
China (0.8K tons)
South Korea (0.7K tons)
Japan (0.6K tons)
Germany (0.6K tons)
Czech Republic (0.5K tons)
Belgium (0.5K tons)
Taiwan (Chinese) (0.4K tons)
United Kingdom (0.3K tons)

Exports of Synthetic Rubber (Excluding Latex) in Israel

In 2022, approx. 292 tons of synthetic rubber (excluding latex) were exported from Israel; rising by 308% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, synthetic rubber (excluding latex) exports soared to $832K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Synthetic Rubber (Excluding Latex) in Israel (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Greece	N/A	N/A	59.0	0%
Spain	N/A	N/A	50.0	0%
India	73.1	116	21.0	-46.4%
China	N/A	7.1	21.0	195.8%
Germany	13.4	2.1	17.0	12.6%
Romania	10.3	9.2	14.0	16.6%
Cambodia	N/A	N/A	14.0	0%
United Kingdom	9.3	N/A	5.0	-26.7%
United States	N/A	24.7	4.0	-83.8%
Others	1.0	73.3	13.0	260.6%
Total	107	232	218	42.7%

Top Export Markets for Synthetic Rubber (Excluding Latex) from Israel in 2022:

Spain (19.9 tons)
Greece (15.4 tons)
India (8.2 tons)
Cambodia (5.8 tons)
China (5.5 tons)
Romania (5.1 tons)
Germany (4.4 tons)
United Kingdom (2.1 tons)
United States (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20171090 - Synthetic rubber (excluding latex)

Country coverage:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023