Key Market Indicators
Israel's export of benzene is expected to reach roughly 123 million kilograms by 2026, up from 121 million kilograms in 2021. This represents an annual growth rate of 0.1%. Since 2001, Israel's supply has dropped by 2.2% each year. In 2021, the country was ranked 16th in the world, with Hungary ahead of it at 121 million kilograms. India, Germany and Japan were the second, third and fourth highest ranked countries, respectively. Meanwhile, Israel's import of benzene was close to 4,550 kilograms in 2021, down from 5,140 kilograms in 2020 – a decrease of 11.4% compared to the previous year. Since 2005, the country's demand has fallen by 29.7% annually. Israel was ranked 44th in 2021, with Denmark ahead of it at 4,550 kilograms. The US, Belgium and the Netherlands were the second, third and fourth highest ranked countries, respectively.