Price for Aluminium; Alloys, Hollow Profiles in Israel - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Israel (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Israel (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Israel
- Exports of Aluminium; Alloys, Hollow Profiles in Israel
Price for Aluminium; Alloys, Hollow Profiles in Israel (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $5,990 per ton in 2022, with an increase of 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($5,990 per ton) and China ($5,990 per ton), while the price for Italy ($5,990 per ton) and Germany ($5,990 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Israel (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $6,505 per ton in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($6,508 per ton) and Slovenia ($6,505 per ton), while the average price for exports to Mauritius ($6,504 per ton) and France ($6,505 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Israel
In 2022, after three years of growth, there was decline in supplies from abroad of aluminium; alloys, hollow profileses, when their volume decreased by -2.9% to 6.1K tons. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of 6.3K tons, and then contracted modestly in the following year.
In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $37M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Aluminium; Alloys, Hollow Profiles in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.8 | 7.1 | 14.6 | 25.4 | 37.4% |
| Turkey | 2.2 | 3.3 | 5.0 | 3.5 | 16.7% |
| Germany | 4.3 | 5.9 | 6.0 | 2.0 | -22.5% |
| Denmark | 0.9 | 0.3 | 0.1 | 0.9 | 0.0% |
| Italy | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
| United Arab Emirates | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Austria | 0.5 | 0.4 | 1.0 | 0.5 | 0.0% |
| Hong Kong SAR | 1.2 | 3.3 | 0.4 | 0.5 | -25.3% |
| Greece | 0.5 | 0.4 | 1.0 | 0.1 | -41.5% |
| Others | 1.0 | 0.6 | 1.3 | 2.4 | 33.9% |
| Total | 20.8 | 21.9 | 30.2 | 36.6 | 20.7% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Israel in 2022:
- China (4240.7 tons)
- Turkey (578.8 tons)
- Germany (340.4 tons)
- Denmark (146.2 tons)
- United Arab Emirates (103.8 tons)
- Italy (101.7 tons)
- Hong Kong SAR (88.5 tons)
- Austria (80.5 tons)
- Greece (14.4 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Israel
For the third consecutive year, Israel recorded decline in shipments abroad of aluminium; alloys, hollow profileses, which decreased by -62.1% to 86 tons in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -7.6% was in 2021.
In value terms, aluminium; alloys, hollow profiles exports dropped sharply to $559K in 2022. In general, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 1.2% against the previous year.
| Export of Aluminium; Alloys, Hollow Profiles in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | N/A | 112 | 0% |
| Belgium | N/A | 397 | 91.0 | 110 | -47.4% |
| Turkey | N/A | N/A | N/A | 107 | 0% |
| United States | 1,609 | 10.0 | 464 | 67.0 | -65.3% |
| China | N/A | N/A | N/A | 67.0 | 0% |
| France | 28.0 | 7.0 | N/A | 57.0 | 26.7% |
| Mauritius | N/A | 2.0 | N/A | 16.0 | 182.8% |
| United Kingdom | 416 | 465 | 119 | 6.0 | -75.7% |
| Switzerland | N/A | N/A | 102 | N/A | 0% |
| Cote d'Ivoire | N/A | N/A | 311 | N/A | 0% |
| Austria | 129 | 307 | N/A | N/A | 138.0% |
| Others | 58.0 | 101 | 217 | 17.0 | -33.6% |
| Total | 2,240 | 1,289 | 1,304 | 559 | -37.0% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Israel in 2022:
- Slovenia (17.2 tons)
- Belgium (16.9 tons)
- Turkey (16.4 tons)
- United States (10.3 tons)
- China (10.3 tons)
- France (8.8 tons)
- Mauritius (2.5 tons)
- United Kingdom (0.9 tons)
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