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Israel - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Israel - 2023
Contents:
- Polystyrene Price in Israel (CIF) - 2022
- Polystyrene Price in Israel (FOB) - 2022
- Polystyrene Imports in Israel
- Polystyrene Exports in Israel
Polystyrene Price in Israel (CIF) - 2022
The average polystyrene import price stood at $2,359 per ton in 2022, growing by 22% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene import price increased by +99.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($2,595 per ton) and China ($2,554 per ton), while the price for Japan ($2,114 per ton) and Singapore ($2,115 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Price in Israel (FOB) - 2022
In 2022, the average polystyrene export price amounted to $1,704 per ton, with an increase of 3.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42%. The export price peaked at $2,033 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($27,176 per ton), while the average price for exports to Turkey ($824 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 China (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Imports in Israel
In 2022, approx. 39K tons of polystyrene were imported into Israel; increasing by 6.7% against 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 7% against the previous year. As a result, imports reached the peak of 43K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, polystyrene imports skyrocketed to $93M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Polystyrene in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.1 | 12.0 | 29.5 | 29.6 | 60.9% |
Taiwan (Chinese) | 12.9 | 13.1 | 10.0 | 21.4 | 18.4% |
China | 8.9 | 3.2 | 3.8 | 15.7 | 20.8% |
Belgium | 9.3 | 2.9 | 9.9 | 8.7 | -2.2% |
Germany | 2.8 | 7.1 | 3.6 | 4.2 | 14.5% |
Brazil | 0.7 | 0.6 | 1.8 | 1.8 | 37.0% |
France | 0.6 | 0.3 | 5.2 | 1.6 | 38.7% |
South Korea | 3.4 | 3.0 | 0.9 | 1.0 | -33.5% |
Others | 8.8 | 8.7 | 6.5 | 8.8 | 0.0% |
Total | 54.4 | 50.8 | 71.1 | 92.7 | 19.4% |
Top Suppliers of Polystyrene to Israel in 2022:
- Turkey (11.4K tons)
- Taiwan (Chinese) (9.9K tons)
- China (6.1K tons)
- Belgium (4.1K tons)
- Germany (1.8K tons)
- Brazil (0.9K tons)
- France (0.8K tons)
- South Korea (0.5K tons)
Polystyrene Exports in Israel
In 2022, polystyrene exports from Israel surged to 203 tons, jumping by 25% against the previous year's figure. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, polystyrene exports surged to $346K in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Polystyrene in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 62.0 | 73.3 | 91.4 | 95.6 | 15.5% |
Spain | 4.1 | 3.4 | 2.4 | 80.0 | 169.2% |
Greece | N/A | N/A | N/A | 69.0 | 0% |
Slovenia | 2.0 | 27.0 | 16.0 | 59.0 | 209.0% |
Turkey | 37.4 | 34.5 | 33.3 | 27.1 | -10.2% |
Lithuania | N/A | N/A | N/A | 10.3 | 0% |
China | 64.4 | 2.0 | 3.7 | 3.2 | -63.2% |
South Korea | N/A | N/A | 61.0 | N/A | 0% |
Nigeria | N/A | 24.3 | N/A | N/A | 0% |
Jordan | 22.0 | N/A | N/A | N/A | 0% |
Estonia | 31.0 | N/A | N/A | N/A | 0% |
Brazil | 46.0 | N/A | N/A | N/A | 0% |
Ukraine | N/A | 77.0 | N/A | N/A | 0% |
Others | 58.9 | 47.5 | 59.5 | 1.5 | -70.6% |
Total | 328 | 289 | 267 | 346 | 1.8% |
Top Export Markets for Polystyrene from Israel in 2022:
- United Kingdom (62.2 tons)
- Spain (38.9 tons)
- Greece (33.8 tons)
- Turkey (32.9 tons)
- Slovenia (28.9 tons)
- Lithuania (5.5 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the polystyrene market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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