Israel - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

Israel: Wood Pellets Market Overview 2020

Wood Pellets Market Size in Israel

The revenue of the wood pellets market in Israel amounted to $X in 2018, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, wood pellets consumption continues to indicate a deep curtailment. Over the period under review, the wood pellets market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Wood Pellets Imports

Imports into Israel

In 2018, the wood pellets imports into Israel amounted to X kg, dropping by -X% against the previous year. In general, wood pellets imports continue to indicate an abrupt drop. Over the period under review, wood pellets imports reached their peak figure at X kg in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, wood pellets imports amounted to $X in 2018. Overall, wood pellets imports continue to indicate a drastic shrinkage. Over the period under review, wood pellets imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the UK (X kg) constituted the largest wood pellets supplier to Israel, with a X% share of total imports. Moreover, wood pellets imports from the UK exceeded the figures recorded by the second-largest supplier, South Korea (X kg), twofold. The third position in this ranking was occupied by Denmark (X kg), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the UK amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Denmark (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of wood pellets to Israel, comprising X% of total wood pellets imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the UK amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Denmark (-X% per year).

Import Prices by Country

The average wood pellets import price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the wood pellets import price, however, continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were Italy ($X per tonne) and Austria ($X per tonne), while the price for South Korea ($X per tonne) and Denmark ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform