Israel: Safety Glass Market 2024

Safety Glass Market Size in Israel

For the fifth consecutive year, the Israeli safety glass market recorded growth in sales value, which increased by X% to $X in 2022. 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 2016 indices. Safety glass consumption peaked in 2022 and is expected to retain growth in the immediate term.

Safety Glass Production in Israel

In value terms, safety glass production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Safety Glass Exports

Exports from Israel

After four years of decline, overseas shipments of safety glass increased by X% to X square meters in 2022. Overall, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, safety glass exports amounted to $X in 2022. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X square meters), the United States (X square meters) and Spain (X square meters) were the main destinations of safety glass exports from Israel, with a combined X% share of total exports. Canada, the United Arab Emirates, Italy, the UK, Bulgaria, India, the Czech Republic, France, Switzerland and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Spain ($X) were the largest markets for safety glass exported from Israel worldwide, with a combined X% share of total exports. The United Arab Emirates, Canada, Italy, the UK, Bulgaria, India, the Czech Republic, France, Switzerland and Turkey lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 safety glass export price amounted to $X per square meter, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports

Imports into Israel

In 2022, approx. X square meters of safety glass were imported into Israel; picking up by X% on the previous year's figure. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, safety glass imports surged to $X in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X square meters), China (X square meters) and Bulgaria (X square meters) were the main suppliers of safety glass imports to Israel, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass suppliers to Israel were Turkey ($X), China ($X) and Bulgaria ($X), together comprising X% of total imports.

Turkey, with a CAGR of X%, recorded the highest growth rate of 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 safety glass import price amounted to $X per square meter, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per square meter), while the price for Bulgaria ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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