Within the 2019-2024 timeframe, our forecast models predict growth from 6.1% p.a. in a low scenario to 9.3% p.a. in a high scenario. Accordingly, the industry in the Israel is expected to achieve revenues of between $213m to $256m by 2024.
The commercial industrial gases market in Israel is estimated to have generated revenues of $163m in 2019. This is an increase from $112m in 2009, indicating an average annual growth rate of 3.8% p.a.
Between 2009 and 2019 GDP grew by an average of 5.6% p.a. Israel’s GDP has not seen a year of decline since 2003, though it’s growth rate has somewhat fluctuated. The growth rate has become more stable in recent years, averaging around the 5% mark. In 2018, GDP growth was at 6.6%.
Report data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
Cost: $2150 USD
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