Israel: Preservative-Treated Rough Wood Market 2022

Preservative-Treated Rough Wood Market Size in Israel

After two years of growth, the Israeli preservative-treated rough wood market decreased by -4.7% to $X in 2021. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preservative-treated rough wood consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Preservative-Treated Rough Wood Production in Israel

In value terms, preservative-treated rough wood production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 30% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Preservative-Treated Rough Wood Exports

Exports from Israel

In 2021, overseas shipments of preservative-treated rough wood decreased by 0% to X cubic meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded significant growth. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, preservative-treated rough wood exports soared to $X in 2021. Overall, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X cubic meters) was the main destination for preservative-treated rough wood exports from Israel, accounting for a approx. 100% share of total exports.

From 2016 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2016 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average preservative-treated rough wood export price amounted to $X per cubic meter, approximately equating the previous year. Overall, the export price showed a precipitous contraction. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2021, the the average export prices failed to regain momentum.

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

From 2016 to 2021, the rate of growth in terms of prices for Ethiopia amounted to +1.1% per year.

Preservative-Treated Rough Wood Imports

Imports into Israel

After five years of growth, overseas purchases of preservative-treated rough wood decreased by -32.6% to X cubic meters in 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 48% against the previous year. Imports peaked at X cubic meters in 2020, and then shrank rapidly in the following year.

In value terms, preservative-treated rough wood imports declined to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 25% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X cubic meters) constituted the largest preservative-treated rough wood supplier to Israel, accounting for a 57% share of total imports. Moreover, preservative-treated rough wood imports from Russia exceeded the figures recorded by the second-largest supplier, Estonia (X cubic meters), twofold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +36.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+5.8% per year) and Greece (0.0% per year).

In value terms, Russia ($X), Estonia ($X) and Greece ($X) were the largest preservative-treated rough wood suppliers to Israel.

Russia, with a CAGR of +28.7%, saw 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 mixed trend patterns.

Import Prices by Country

The average preservative-treated rough wood import price stood at $X per cubic meter in 2021, increasing by 29% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Estonia ($X per cubic meter), while the price for Greece ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+64.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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