Metals; Platinum, Semi-Manufactured Price in Israel - 2023

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Israel (CIF) - 2022
2. Metals; Platinum, Semi-Manufactured Price in Israel (FOB) - 2022
3. Metals; Platinum, Semi-Manufactured Imports in Israel
4. Metals; Platinum, Semi-Manufactured Exports in Israel

Metals; Platinum, Semi-Manufactured Price in Israel (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $29,285,714 per ton, falling by -25% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 44%. The import price peaked at $42,755,578 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($35,333,333 per ton), while the price for Austria ($1,000,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.9%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Price in Israel (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $34,631,579 per ton in 2022, growing by 61% against the previous year. In general, the export price posted a slight expansion. The most prominent rate of growth was recorded in 2014 an increase of 231% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($37,000,000 per ton), while the average price for exports to the UK totaled $36,312,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Imports in Israel

For the fourth consecutive year, Israel recorded growth in purchases abroad of metals; platinum, semi-manufactureds, which increased by 96% to 112 kg in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured imports surged to $3.3M in 2022. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Israel in 2022:

1. United Kingdom (71.0 kg)
2. United States (16.0 kg)
3. Italy (11.0 kg)
4. Czech Republic (5.0 kg)
5. Germany (3.0 kg)
6. Switzerland (2.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Israel

In 2022, overseas shipments of metals; platinum, semi-manufactureds decreased by -50% to 19 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, the exports reached the peak of 38 kg, and then plummeted in the following year.

In value terms, metals; platinum, semi-manufactured exports fell rapidly to $658K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 276% against the previous year. As a result, the exports reached the peak of $818K, and then fell markedly in the following year.

Top Export Markets for Metals; Platinum, Semi-Manufactured from Israel in 2022:

1. United Kingdom (16.0 kg)
2. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform