Israel: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Israel

The Israeli wood-based panels market expanded rapidly to $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated resilient growth 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 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Wood-Based Panels Production in Israel

In value terms, wood-based panels production skyrocketed to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Wood-Based Panels Exports

Exports from Israel

Wood-based panels exports from Israel dropped markedly to X cubic meters in 2022, with a decrease of X% against the previous year's figure. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wood-based panels exports declined rapidly to $X in 2022. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Palestine (X cubic meters) was the main destination for wood-based panels exports from Israel, accounting for a X% share of total exports. Moreover, wood-based panels exports to Palestine exceeded the volume sent to the second major destination, Poland (X cubic meters), more than tenfold. The third position in this ranking was held by Turkey (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Palestine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Turkey (X% per year).

In value terms, Palestine ($X) remains the key foreign market for wood-based panels exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

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

Export Prices by Country

In 2022, the average wood-based panels export price amounted to $X per cubic meter, surging by X% against the previous year. In general, export price indicated a strong expansion 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, wood-based panels export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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

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

Wood-Based Panels Imports

Imports into Israel

In 2022, approx. X cubic meters of wood-based panels were imported into Israel; shrinking by X% compared with the previous year. Overall, total imports indicated a prominent expansion 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters, and then fell in the following year.

In value terms, wood-based panels imports amounted to $X in 2022. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X cubic meters) constituted the largest wood-based panels supplier to Israel, accounting for a X% share of total imports. Moreover, wood-based panels imports from China exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), threefold. Russia (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Russia (X% per year).

In value terms, China ($X) constituted the largest supplier of wood-based panels to Israel, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

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

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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