Report Update: May 1, 2024

Israel - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Furniture Fittings Price in Israel - 2023

Plastic Furniture Fittings Price in Israel (CIF) - 2022

In 2022, the average plastic furniture fittings import price amounted to $17,309 per ton, increasing by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2015 an increase of 8.7%. Over the period under review, average import prices hit record highs in 2022 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 Romania ($17,309 per ton) and Japan ($17,309 per ton), while the price for France ($17,309 per ton) and China ($17,309 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Furniture Fittings Price in Israel (FOB) - 2022

In 2022, the average plastic furniture fittings export price amounted to $18,969 per ton, declining by -6.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs at $20,360 per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($18,970 per ton) and Slovenia ($18,969 per ton), while the average price for exports to Germany ($18,969 per ton) and Turkey ($18,969 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Fittings Imports in Israel

In 2022, supplies from abroad of plastic fittings for furniture decreased by -6.6% to 756 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. As a result, imports attained the peak of 810 tons, and then fell in the following year.

In value terms, plastic furniture fittings imports reduced modestly to $13M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $13M, and then contracted modestly in the following year.

Import of Plastic Furniture Fittings in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3,339	3,124	5,032	4,404	9.7%
Italy	599	1,077	1,652	1,585	38.3%
Germany	753	685	1,057	1,042	11.4%
Taiwan (Chinese)	286	441	710	831	42.7%
Japan	497	119	628	714	12.8%
South Korea	405	251	268	598	13.9%
Austria	560	297	722	558	-0.1%
Turkey	220	71.0	197	495	31.0%
United States	394	514	461	403	0.8%
France	130	347	201	244	23.4%
Poland	54.0	80.0	177	243	65.1%
Hungary	146	93.0	284	236	17.4%
Romania	106	10.0	126	201	23.8%
Others	1,294	2,065	1,906	1,535	5.9%
Total	8,783	9,174	13,421	13,089	14.2%

Top Suppliers of Plastic Furniture Fittings to Israel in 2022:

China (254.4 tons)
Italy (91.6 tons)
Germany (60.2 tons)
Taiwan (Chinese) (48.0 tons)
Japan (41.3 tons)
South Korea (34.5 tons)
Austria (32.2 tons)
Turkey (28.6 tons)
United States (23.3 tons)
France (14.1 tons)
Poland (14.0 tons)
Hungary (13.6 tons)
Romania (11.6 tons)

Plastic Furniture Fittings Exports in Israel

For the third consecutive year, Israel recorded decline in shipments abroad of plastic fittings for furniture, which decreased by -72.8% to 4.6 tons in 2022. In general, exports continue to indicate a dramatic contraction. The smallest decline of -3.3% was in 2021.

In value terms, plastic furniture fittings exports dropped notably to $87K in 2022. Over the period under review, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 0.6% against the previous year.

Export of Plastic Furniture Fittings in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	N/A	N/A	N/A	34.0	0%
Romania	93.0	123	154	19.0	-41.1%
Turkey	N/A	N/A	N/A	11.0	0%
Germany	1.0	N/A	38.0	9.0	108.0%
Brazil	N/A	N/A	16.0	8.0	-50.0%
United States	1,036	71.0	115	5.0	-83.1%
Poland	171	N/A	N/A	N/A	0%
China	81.0	N/A	N/A	N/A	0%
Belgium	38.0	1.0	N/A	N/A	-97.4%
Vietnam	42.0	8.0	5.0	N/A	-65.5%
Italy	69.0	N/A	1.0	N/A	-88.0%
Australia	135	N/A	N/A	N/A	0%
Canada	39.0	N/A	N/A	N/A	0%
Others	33.0	138	14.4	1.0	-68.8%
Total	1,738	341	343	87.0	-63.1%

Top Export Markets for Plastic Furniture Fittings from Israel in 2022:

Slovenia (1792.0 kg)
Romania (1002.0 kg)
Turkey (580.0 kg)
Germany (474.0 kg)
Brazil (422.0 kg)
United States (264.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023