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17 Cheshvan 5767 - November 8, 2006 | Mordecai Plaut, director Published Weekly
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NEWS
Sharp Rise in Export of Sifrei Kodesh

By M. Green

Exports of sifrei kodesh are expected to increase by 17 percent this year compared to 2005, totaling $53 million according to an estimate by Meir Bar-El, deputy director of the Manufacturers' Association and head of the printing department.

Sixty percent of sifrei kodesh exports are sent to the US, 30 percent to Europe and 10 percent to the rest of the world. Sifrei kodesh constitute 34 percent of all export activity in the printing industry.

Bar-El says during the first eight months of the year, paper costs rose 30 percent against the same period last year and the price of toner rose from 623 euro ($780) to 810 euro ($1,015).

Bar-El estimates total printing industry sales will reach $2.19 billion this year, an increase of 5.4 percent, including a 5 percent increase in local sales to $2 billion. Exports will grow by 11.3 percent, totaling $158 million.

Bar-El estimates 400 new workers will by hired, bringing the total to 22,400 workers by the end of the year. He says the printing industry is desperately in need of another 300 printers.

According to Bar-El during the first six months of the year printing industry exports to Egypt doubled against the same period last year to $100,000, exports to Morocco tripled to $30,000, exports to Jordan rose 250 percent to $70,000, exports to China came to $20,000, exports to Spain increased 250 percent to $5 million, exports to Greece increased 50 percent to $1.5 million, exports to Britain increased 10 percent to $2.2 million, exports to Australia rose from $250,000 to $350,000 and exports to South Africa decreased from $200,000 to $180,000.

Bar-El called on government corporations and public bodies to execute work in Israel to help prevent printing houses from closing and to boost employment.

 

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