Israel: Tufted Textile Fabric Market 2024

Tufted Textile Fabric Market Size in Israel

The Israeli tufted textile fabric market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Tufted Textile Fabric Production in Israel

In value terms, tufted textile fabric production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Tufted textile fabric production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Tufted Textile Fabric Exports

Exports from Israel

In 2022, the amount of tufted textile fabrics exported from Israel skyrocketed to X square meters, jumping by X% on 2021. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, tufted textile fabric exports soared to $X in 2022. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X square meters) was the main destination for tufted textile fabric exports from Israel, accounting for a X% share of total exports. Moreover, tufted textile fabric exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X square meters), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and New Zealand (X% per year).

In value terms, the largest markets for tufted textile fabric exported from Israel were the Netherlands ($X), the United States ($X) and New Zealand ($X). Moreover, tufted textile fabric exports in the Netherlands exceeded the figures recorded by the second-largest exporter, the United States, twofold.

The Netherlands, with a CAGR of X%, recorded 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 mixed trend patterns.

Export Prices by Country

In 2022, the average tufted textile fabric export price amounted to $X per square meter, with a decrease of X% against the previous year. In general, the export price, however, showed slight growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to New Zealand ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Tufted Textile Fabric Imports

Imports into Israel

In 2022, approx. X square meters of tufted textile fabrics were imported into Israel; shrinking by X% on the previous year's figure. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, tufted textile fabric imports fell to $X in 2022. Overall, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X square meters) constituted the largest supplier of tufted textile fabric to Israel, with a X% share of total imports. Moreover, tufted textile fabric imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X square meters), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of tufted textile fabrics to Israel, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average tufted textile fabric import price amounted to $X per square meter, jumping by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price 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, tufted textile fabric import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for China ($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 Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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