Water Technology Flowing Into Exports
Israeli exports of water technologies have soared 170% during the past six years, totaling approximately $2 billion in 2012, reports Ynet.
Ofer Sachs, CEO of the Israel Export and International Cooperation Institute (IEICI) estimates that in 2013 the figure will reach $2.2 billion.
“The scope of the global water market is some $700 billion,” he says. “Most global investments in the water industry are channeled toward building and upgrading infrastructures in Latin American countries, the Far East countries and Africa.”
IEICI data shows that 280 companies currently operate in the Israeli water industry, and 150 of them producing technologies for export.
If global population forecasts are borne out, total population will grow from 6.9 billion people in 2010 to 8.3 billion people in 2030. The demand for water, for direct personal consumption and for energy and agriculture and the food industry, will rise commensurately, as a 50% increase in the demand for food is projected.
Statistics supplied by the Water Footprint Network organization illustrate the key role of water in industry: the amount of water required for the production of one slice of bread is 40 liters; for 1 kilogram (2.2 pounds) of wheat is 1,300 liters; a sheet of paper takess 10 liters of water, and the production of 1 megawatt per hour of electricity requires 30,000 liters of water.
This article appeared in print on page 6 of edition of Hamodia.
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