Israel: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Israel

In 2022, the Israeli other papers packaging market increased by 47% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Other Papers Packaging Exports

Exports from Israel

Other papers packaging exports from Israel dropped remarkably to X tons in 2022, shrinking by -16.1% on the year before. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2013 when exports increased by 286% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, other papers packaging exports reduced rapidly to $X in 2022. Overall, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 231% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for other papers packaging exports from Israel, accounting for a 73% share of total exports. Moreover, other papers packaging exports to Italy exceeded the volume sent to the second major destination, Jordan (X kg), sixfold. Sweden (X kg) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-20.6% per year) and Sweden (-4.1% per year).

In value terms, Italy ($X) remains the key foreign market for other papers packaging exports from Israel, comprising 84% of total exports. The second position in the ranking was held by Egypt ($X), with a 2.4% share of total exports. It was followed by the United States, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-45.1% per year) and the United States (-25.2% per year).

Export Prices by Country

The average other papers packaging export price stood at $X per ton in 2022, falling by -22.3% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of 79% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.3%), while the prices for the other major destinations experienced a decline.

Other Papers Packaging Imports

Imports into Israel

In 2022, purchases abroad of other papers packaging increased by 15% to X tons, rising for the second year in a row after four years of decline. The total import volume increased at an average annual rate of +5.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, other papers packaging imports soared to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of other papers packaging to Israel, accounting for a 58% share of total imports. Moreover, other papers packaging imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.5% per year) and Germany (-1.1% per year).

In value terms, Italy ($X) constituted the largest supplier of other papers packaging to Israel, comprising 58% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports. It was followed by Germany, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.9% per year) and Germany (+1.3% per year).

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, increasing by 36% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +62.9% 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 highest price was recorded for prices from Sweden ($X per ton) and Russia ($X per ton), while the price for the UK ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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