Israel: Cement Pipe Market 2024

Cement Pipe Market Size in Israel

The Israeli cement pipe market was finally on the rise to reach $X in 2022, after two years of decline. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cement Pipe Production in Israel

In value terms, cement pipe production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Cement pipe production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cement Pipe Exports

Exports from Israel

In 2022, overseas shipments of pipes and other articles of cement decreased by X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cement pipe exports reduced rapidly to $X in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

The United States (X units) was the main destination for cement pipe exports from Israel, with a X% share of total exports. Moreover, cement pipe exports to the United States exceeded the volume sent to the second major destination, Canada (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and China (X% per year).

In value terms, the United States ($X) remains the key foreign market for pipes and other articles of cement exports from Israel, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average cement pipe export price amounted to $X per unit, dropping by X% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe export price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Israel

In 2022, the amount of pipes and other articles of cement imported into Israel fell rapidly to X units, with a decrease of X% compared with the previous year's figure. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then fell remarkably in the following year.

In value terms, cement pipe imports shrank sharply to $X in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of cement pipe imports to Israel, with a combined X% share of total imports. Turkey, Hungary, India, Vietnam, Canada, Poland, the UK and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest cement pipe suppliers to Israel, together accounting for X% of total imports. Turkey, Hungary, India, Vietnam, Canada, Poland, the UK and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cement pipe import price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Vietnam ($X per unit) and India ($X per unit), while the price for Hungary ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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