Israel: Explosives Market 2022

Explosives Market Size in Israel

The Israeli explosives market reduced to $X in 2021, declining by -X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Explosives Production in Israel

In value terms, explosives production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Explosives Exports

Exports from Israel

In 2021, shipments abroad of prepared explosives decreased by -X% to X tons for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, explosives exports shrank to $X in 2021. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020, and then declined in the following year.

Exports by Country

Germany (X tons) was the main destination for explosives exports from Israel, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +X%.

In value terms, Germany ($X) also remains the key foreign market for explosives exports from Israel.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +X%.

Export Prices by Country

In 2021, the average explosives export price amounted to $X per ton, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +X% per year.

Explosives Imports

Imports into Israel

In 2021, explosives imports into Israel shrank to X tons, dropping by -X% compared with the previous year's figure. Overall, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, explosives imports declined dramatically to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

In 2021, Poland (X tons) constituted the largest explosives supplier to Israel, accounting for a X% share of total imports. Moreover, explosives imports from Poland exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Greece (-X% per year).

In value terms, Poland ($X) constituted the largest supplier of explosives to Israel, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Spain (+X% per year).

Import Prices by Country

In 2021, the average explosives import price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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