Israel: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Israel

The Israeli market for saw logs and veneer logs reduced to $X in 2023, with a decrease of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs in Israel

In value terms, saw logs and veneer logs production rose significantly to $X in 2023 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

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Exports of Saw Logs And Veneer Logs

Exports from Israel

In 2023, after seven years of growth, there was significant decline in overseas shipments of saw logs and veneer logs, when their volume decreased by X% to X cubic meters. In general, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2022, and then dropped sharply in the following year.

In value terms, saw logs and veneer logs exports shrank dramatically to $X in 2023. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2022, and then dropped sharply in the following year.

Exports by Country

Belgium (X cubic meters) was the main destination for saw logs and veneer logs exports from Israel, with a approx. X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Belgium was relatively modest.

In value terms, Belgium ($X) emerged as the key foreign market for saw logs and veneer logs exports from Israel.

From 2012 to 2023, the average annual growth rate of value to Belgium was relatively modest.

Export Prices by Country

In 2023, the average export price for saw logs and veneer logs amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2022, and then contracted in the following year.

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

From 2012 to 2023, the rate of growth in terms of prices for Palestine amounted to X% per year.

Imports of Saw Logs And Veneer Logs

Imports into Israel

In 2023, approx. X cubic meters of saw logs and veneer logs were imported into Israel; waning by X% compared with the previous year's figure. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X cubic meters. From 2018 to 2023, the growth of imports remained at a lower figure.

In value terms, saw logs and veneer logs imports reduced remarkably to $X in 2023. In general, imports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Thailand (X cubic meters) was the main supplier of saw logs and veneer logs to Israel, with a X% share of total imports. Moreover, saw logs and veneer logs imports from Thailand exceeded the figures recorded by the second-largest supplier, Estonia (X cubic meters), twofold. Belarus (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Belarus (X% per year).

In value terms, Estonia ($X), Thailand ($X) and Finland ($X) were the largest saw logs and veneer logs suppliers to Israel, together accounting for X% of total imports. South Africa, Germany, Belarus and Georgia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, South Africa, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for saw logs and veneer logs stood at $X per cubic meter in 2023, picking up by X% against the previous year. In general, the import price saw a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Estonia ($X per cubic meter), while the price for Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform