Price for Waste, Parings and Scrap, of Plastics in Israel - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Israel (FOB) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Israel (CIF) - 2022
3. Exports of Waste, Parings and Scrap, of Plastics in Israel
4. Imports of Waste, Parings and Scrap, of Plastics in Israel

Price for Waste, Parings and Scrap, of Plastics in Israel (FOB) - 2022

The average export price for waste, parings and scrap, of plasticses stood at $533 per ton in 2022, increasing by 15% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 33%. Over the period under review, the average export prices hit record highs at $638 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($644 per ton), while the average price for exports to Vietnam ($285 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 Germany (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Israel (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $698 per ton, surging by 29% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 when the average import price increased by 30%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($711 per ton) and Brazil ($711 per ton), while the price for Germany ($559 per ton) and Romania ($687 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste, Parings and Scrap, of Plastics in Israel

For the fourth year in a row, Israel recorded growth in shipments abroad of waste, parings and scrap, of plasticses, which increased by 51% to 33K tons in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of waste, parings and scrap, of plasticses surged to $17M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Israel in 2022:

1. Turkey (16.1K tons)
2. Greece (3.4K tons)
3. Germany (3.1K tons)
4. Italy (2.5K tons)
5. India (2.1K tons)
6. Spain (1.9K tons)
7. Vietnam (1.2K tons)
8. France (0.6K tons)

Imports of Waste, Parings and Scrap, of Plastics in Israel

After three years of growth, purchases abroad of waste, parings and scrap, of plasticses decreased by -7.5% to 4.5K tons in 2022. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 4.9K tons, and then declined in the following year.

In value terms, imports of waste, parings and scrap, of plasticses soared to $3.2M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Israel in 2022:

1. Turkey (1524.1 tons)
2. United Kingdom (940.7 tons)
3. Greece (635.5 tons)
4. Brazil (334.6 tons)
5. Romania (303.0 tons)
6. Spain (199.8 tons)
7. Germany (186.1 tons)
8. United States (87.2 tons)

Source: IndexBox Market Intelligence Platform