The reforms undertaken by the Government of Israel have come into effect from June 1, 2022. This is likely to increase the country’s imports of home textile products such as tablecloths, carpets and beddings. Under the reforms, the government has abolished import tariff on these products and has also dropped compliance of local standards.
As per the reform, first announced on May 18 this year, the designated home textile products can now enter Israel if they meet international standards, and there will not be any need for them to meet local standards as well. Further, inspections would not be carried out if importers declare that the products meet international standards.
During May 2021 to April 2022, Israel imported home textile products worth $452.703 mn. Of this, bed imports were valued at $117.262 mn (25.90 percent), made-ups $95.699 mn (21.14 percent), floor $73.513 mn (16.24 percent), bathroom & kitchen $48 mn (10.60 percent), sacks & bags $44.087 mn (9.74 percent), window $25.642 mn (5.66 percent), and camping $23.809 mn (5.26 percent), according to data from market insight tool TexPro.
Further analysis of the data from TexPro for the last six quarters revealed volatility in Israel’s home textile imports. The import increased to $121.577 mn in first quarter of this year from $115.435 mn in last quarter. Israel’s home textile imports stood at $138.528 mn in July-September 2021, $123.606 mn in April-June 2021, $120.245 mn in January-March 2021 and $98.158 mn in October-December 2020.
