Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $205,512 per ton in 2022, picking up by 4.6% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balances; of a sensitivity of 5cg or better, with or without weightses increased by +43.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Switzerland ($208,391 per ton) and Poland ($208,357 per ton), while the price for Italy ($184,818 per ton) and the United States ($200,000 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $152,778 per ton in 2022, with a decrease of -22.3% against the previous year. Over the period under review, the export price, however, showed a modest increase. The growth pace was the most rapid in 2018 an increase of 1,186%. As a result, the export price reached the peak level of $207,440 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($153,846 per ton), while the average price for exports to Switzerland ($151,515 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 Germany (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Israel soared to 10 tons in 2022, with an increase of 20% on 2021 figures. Over the period under review, imports, however, continue to indicate a mild contraction.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $2.1M in 2022. Overall, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.9% 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 +52.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Israel in 2022:

1. Switzerland (3.6 tons)
2. Germany (3.2 tons)
3. Poland (1.8 tons)
4. China (0.4 tons)
5. Italy (0.3 tons)
6. Japan (0.2 tons)
7. United States (0.2 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Israel

In 2022, overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -73.8% to 92 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 273% against the previous year. As a result, the exports reached the peak of 433 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses declined dramatically to $14K in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 305% against the previous year. As a result, the exports attained the peak of $89K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Israel in 2022:

1. Switzerland (66.0 kg)
2. Djibouti (13.0 kg)
3. Italy (13.0 kg)

Source: IndexBox Market Intelligence Platform