Israel: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Israel

After two years of growth, the Israeli market for polyethylene with a specific gravity of less than X, in primary forms decreased by X% to $X in 2022. Overall, consumption showed a pronounced descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Israel

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Israel

In 2022, shipments abroad of polyethylene with a specific gravity of less than X, in primary forms increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a slight expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms rose remarkably to $X in 2022. Over the period under review, total exports indicated notable growth 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons), Argentina (X tons) and Brazil (X tons) were the main destinations of exports of polyethylene with a specific gravity of less than X, in primary forms from Israel, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene with a specific gravity of less than X exported from Israel were Italy ($X), Argentina ($X) and Brazil ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Argentina, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per ton) and India ($X per ton), while the average price for exports to China ($X per ton) and the UK ($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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Israel

In 2022, overseas purchases of polyethylene with a specific gravity of less than X, in primary forms increased by X% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms rose notably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), Jordan (X tons) and Belgium (X tons) were the main suppliers of imports of polyethylene with a specific gravity of less than X, in primary forms to Israel, with a combined X% share of total imports. South Korea, Switzerland, India, Thailand, Spain, Germany, Turkey, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest polyethylene with a specific gravity of less than X suppliers to Israel were the United States ($X), Jordan ($X) and Belgium ($X), together accounting for X% of total imports. South Korea, Switzerland, India, Thailand, Spain, Germany, Turkey, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 import price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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