Israel: Polyethylene Market Overview 2020

Polyethylene Market Size in Israel

The revenue of the polyethylene market in Israel amounted to $X in 2018, going up by X% against the previous year. Overall, polyethylene consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Over the period under review, the polyethylene market reached its maximum level in 2018 and is likely to continue its growth in the immediate term.

Polyethylene Production in Israel

In value terms, polyethylene production stood at $X in 2018 estimated in export prices. In general, polyethylene production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when production volume increased by X% year-to-year. Polyethylene production peaked in 2018 and is likely to see steady growth in the immediate term.

Polyethylene Exports

Exports from Israel

Polyethylene exports from Israel stood at X tonnes in 2018, remaining relatively unchanged against the previous year. Over the period under review, polyethylene exports continue to indicate a moderate contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. In that year, polyethylene exports attained their peak of X tonnes. From 2010 to 2018, the growth of polyethylene exports remained at a lower figure.

In value terms, polyethylene exports totaled $X in 2018. In general, polyethylene exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tonnes), the UK (X tonnes) and Turkey (X tonnes) were the main destinations of polyethylene exports from Israel, with a combined X% share of total exports. These countries were followed by Italy, the U.S., Russia, Portugal, the Netherlands and China, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene exported from Israel were Brazil ($X), the UK ($X) and Turkey ($X), together accounting for X% of total exports. These countries were followed by Italy, the U.S., Russia, Portugal, the Netherlands and China, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average polyethylene export price amounted to $X per tonne, going up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for polyethylene attained their peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the highest prices were recorded for prices to the Netherlands ($X per tonne) and Portugal ($X per tonne), while the average price for exports to the UK ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Polyethylene Imports

Imports into Israel

In 2018, the imports of polyethylene into Israel totaled X tonnes, waning by -X% against the previous year. In general, polyethylene imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, polyethylene imports stood at $X in 2018. In general, polyethylene imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, polyethylene imports reached their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tonnes), Jordan (X tonnes) and Thailand (X tonnes) were the main suppliers of polyethylene imports to Israel, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Jordan ($X) and Thailand ($X) constituted the largest polyethylene suppliers to Israel, with a combined X% share of total imports.

Thailand recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average polyethylene import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the polyethylene import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Switzerland ($X per tonne) and the Netherlands ($X per tonne), while the price for Spain ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Jordan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform