Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel - 2024

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (CIF) - 2022
  2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (FOB) - 2022
  3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel
  4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $713 per ton, which is down by -31.2% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 75%. Over the period under review, average import prices attained the peak figure at $1,507 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($730 per ton), while the price for the UK ($370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,436 per ton, surging by 4.3% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 94%. Over the period under review, the average export prices hit record highs at $2,777 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,706 per ton), while the average price for exports to Nigeria ($518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel

In 2022, after three years of growth, there was significant decline in supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -98% to 3.4K tons. In general, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses contracted sharply to $2.5M in 2022. Over the period under review, imports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of $182M, and then shrank dramatically in the following year.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey70.269.31021.8-70.5%
Spain44.949.857.90.4-79.3%
Jordan2.42.63.50.1-65.3%
Greece4.611.710.50.1-72.1%
Switzerland5.14.53.1N/A-22.0%
Others1.11.34.9N/A111.1%
Total1281391822.5-73.1%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Israel in 2022:

  1. Turkey (2445.3 tons)
  2. Spain (594.6 tons)
  3. Greece (221.9 tons)
  4. Jordan (74.5 tons)
  5. Switzerland (20.2 tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel

In 2022, shipments abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses was finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic decline.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses expanded notably to $2.2K in 2022. Overall, exports, however, faced a sharp downturn.

Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.03.31.01.1-57.2%
United Kingdom1.90.60.30.4-40.5%
Nigeria4.81.10.30.3-60.3%
RussiaN/A0.9N/AN/A0%
Belgium2.8N/AN/AN/A0%
China19.6N/AN/AN/A0%
Others3.91.10.40.4-53.2%
Total47.07.02.12.2-64.0%

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Israel in 2022:

  1. United States (827.0 kg)
  2. Nigeria (522.0 kg)
  3. United Kingdom (151.0 kg)

Source: IndexBox Market Intelligence Platform

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