Israel: Flax Fabric Market 2024

Flax Fabric Market Size in Israel

The Israeli flax fabric market dropped to $X in 2022, falling by X% against the previous year. In general, consumption, however, recorded a sharp reduction. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Flax Fabric Production in Israel

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt setback. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Flax Fabric Exports

Exports from Israel

Flax fabric exports from Israel skyrocketed to X square meters in 2022, with an increase of X% against 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, flax fabric exports rose sharply to $X in 2022. In general, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for flax fabric exports from Israel, with a X% share of total exports. Moreover, flax fabric exports to the United States exceeded the volume sent to the second major destination, Germany (X square meters), twofold. Italy (X square meters) ranked third in terms of total exports with a X% share.

From 2020 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the United States ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for flax fabric exported from Israel worldwide, together accounting for X% of total exports.

Among the main countries of destination, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per square meter, shrinking by X% against the previous year. Over the period under review, the export price recorded a dramatic descent. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Jordan ($X per square meter), while the average price for exports to Norway ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Israel

In 2022, after ten years of growth, there was significant decline in overseas purchases of woven fabrics of flax, when their volume decreased by X% to X square meters. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters, and then contracted rapidly in the following year.

In value terms, flax fabric imports reduced to $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest flax fabric supplier to Israel, accounting for a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (X square meters), fivefold. The third position in this ranking was taken by Turkey (X square meters), with a X% share.

From 2020 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to Israel, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2020 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Lithuania (X% per year).

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($X per square meter) and France ($X per square meter), while the price for the UK ($X per square meter) and China ($X per square meter) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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