Price for Wood; Shingles and Shakes in Israel - 2023

Contents:

  1. Price for Wood; Shingles and Shakes in Israel (CIF) - 2022
  2. Price for Wood; Shingles and Shakes in Israel (FOB) - 2022
  3. Imports of Wood; Shingles and Shakes in Israel
  4. Exports of Wood; Shingles and Shakes in Israel

Price for Wood; Shingles and Shakes in Israel (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $3,863 per ton, almost unchanged from the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.6%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 ($3,863 per ton), while the price for China amounted to $3,861 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shingles and Shakes in Israel (FOB) - 2022

The average wood; shingles and shakes export price stood at $2,422 per ton in 2022, dropping by -12.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26%. As a result, the export price reached the peak level of $2,776 per ton, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +2.8% per year.

Imports of Wood; Shingles and Shakes in Israel

In 2022, overseas purchases of wood; shingles and shakeses decreased by 0% to 2.3 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 143%. As a result, imports reached the peak of 20 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood; shingles and shakes imports stood at $9K in 2022. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 135% against the previous year. As a result, imports attained the peak of $40K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wood; Shingles and Shakes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.62.3N/A8.0137.1%
ChinaN/A0.1N/A1.0216.2%
Palestine1.06.1N/AN/A510.0%
United Kingdom1.06.4N/AN/A540.0%
PolandN/A0.1N/AN/A0%
Italy0.42.3N/AN/A475.0%
Canada0.720.2N/AN/A2785.7%
UkraineN/A2.5N/AN/A0%
Others13.3N/AN/AN/A0%
Total17.040.0N/A9.0-19.1%

Top Suppliers of Wood; Shingles and Shakes to Israel in 2022:

  1. United States (2.1 tons)
  2. China (0.3 tons)

Exports of Wood; Shingles and Shakes in Israel

In 2022, shipments abroad of wood; shingles and shakeses was finally on the rise to reach 205 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp slump.

In value terms, wood; shingles and shakes exports soared to $497K in 2022. Over the period under review, exports, however, recorded a deep contraction.

Export of Wood; Shingles and Shakes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine898564431497-17.9%
OthersN/AN/AN/AN/A0%
Total898564431497-17.9%

Top Export Markets for Wood; Shingles and Shakes from Israel in 2022:

  1. Palestine (205.4 tons)

Source: IndexBox Market Intelligence Platform

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