Israel: Twine And Cordage Market 2024

Twine And Cordage Market Size in Israel

The Israeli twine and cordage market expanded remarkably to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a measured increase 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 decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Twine And Cordage Production in Israel

In value terms, twine and cordage production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Twine And Cordage Exports

Exports from Israel

In 2022, shipments abroad of twine, cordage, rope and cables increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, twine and cordage exports rose rapidly to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for twine and cordage exports from Israel, with a X% share of total exports. Moreover, twine and cordage exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), sixfold. The third position in this ranking was taken by Canada (X tons), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for twine, cordage, rope and cables exports from Israel, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Canada, with an X% share.

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

Export Prices by Country

The average twine and cordage export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brazil ($X per ton) and the United States ($X per ton), while the average price for exports to Ireland ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Twine And Cordage Imports

Imports into Israel

In 2022, overseas purchases of twine, cordage, rope and cables decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, twine and cordage imports expanded modestly to $X in 2022. In general, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Turkey (X tons), Poland (X tons) and China (X tons) were the main suppliers of twine and cordage imports to Israel, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twine and cordage suppliers to Israel were China ($X), Turkey ($X) and Poland ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average twine and cordage import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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