Israel: Plastic Bottle Market 2024

Plastic Bottle Market Size in Israel

The Israeli plastic bottle market rose to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Plastic bottle consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Bottle Production in Israel

In value terms, plastic bottle production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Plastic bottle production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Plastic Bottle Exports

Exports from Israel

In 2022, the amount of carboys, bottles and similar articles of plastics exported from Israel contracted rapidly to X tons, shrinking by X% compared with 2021 figures. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, plastic bottle exports dropped sharply to $X in 2022. In general, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Jordan (X tons) was the main destination for plastic bottle exports from Israel, with a X% share of total exports. Moreover, plastic bottle exports to Jordan exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. The third position in this ranking was taken by France (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Jordan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and France (X% per year).

In value terms, Jordan ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from Israel, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an X% share of total exports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Jordan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and France (X% per year).

Export Prices by Country

The average plastic bottle export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per ton) and South Africa ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X 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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bottle Imports

Imports into Israel

In 2022, approx. X tons of carboys, bottles and similar articles of plastics were imported into Israel; increasing by X% on the previous year. Overall, imports enjoyed prominent growth. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic bottle imports soared to $X in 2022. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and France (X tons) were the main suppliers of plastic bottle imports to Israel, with a combined X% share of total imports. Cyprus, Germany, Bulgaria, the United States, Italy, Spain and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cyprus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic bottle suppliers to Israel were Turkey ($X), China ($X) and France ($X), together comprising X% of total imports. Cyprus, Germany, Bulgaria, the United States, Italy, Spain and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Cyprus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic bottle import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bulgaria ($X per ton) and Cyprus ($X per ton), while the price for the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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