Israel: Market for Granules, Chippings And Powder Of Monumental Stone 2022

Market Size for Granules, Chippings And Powder Of Monumental Stone in Israel

In 2021, after three years of growth, there was significant decline in the Israeli market for granules, chippings and powder of monumental stone, when its value decreased by -X% to $X. Overall, consumption recorded a relatively flat trend pattern. Monumental stone granules and powder consumption peaked at $X in 2020, and then shrank in the following year.

Production of Granules, Chippings And Powder Of Monumental Stone in Israel

In value terms, monumental stone granules and powder production contracted to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Israel

In 2021, overseas shipments of granules, chippings and powder of monumental stone increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, monumental stone granules and powder exports dropped sharply to $X in 2021. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for monumental stone granules and powder exports from Israel, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Australia totaled +X%.

In value terms, Australia ($X) also remains the key foreign market for monumental stone granules and powder exports from Israel.

From 2012 to 2020, the average annual rate of growth in terms of value to Australia totaled +X%.

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for Australia amounted to +X% per year.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Israel

In 2021, imports of granules, chippings and powder of monumental stone into Israel reduced remarkably to X tons, with a decrease of -X% compared with the previous year's figure. In general, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports shrank dramatically to $X in 2021. Over the period under review, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Jordan (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of monumental stone granules and powder imports to Israel.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of monumental stone granules and powder to Israel, comprising X% of total imports. The second position in the ranking was held by Jordan ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and Turkey (-X% per year).

Import Prices by Country

In 2020, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price, however, posted moderate growth. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2020, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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