Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $48 per unit, growing by 9.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached 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 the United States ($48 per unit) and Italy ($48 per unit), while the price for South Korea ($48 per unit) and the UK ($48 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $45 per unit in 2022, falling by -14.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. The export price peaked at $53 per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($79 per unit), while the average price for exports to the UK ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel

For the fourth year in a row, Israel recorded growth in overseas purchases of containers for compressed or liquefied gas, of iron or steel, which increased by 12% to 703K units in 2022. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel soared to $34M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Israel in 2022:

1. Turkey (252.5K units)
2. United States (194.2K units)
3. Czech Republic (59.8K units)
4. China (43.1K units)
5. Italy (38.1K units)
6. Germany (30.8K units)
7. Thailand (17.5K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Israel

After three years of growth, shipments abroad of containers for compressed or liquefied gas, of iron or steel decreased by -65.1% to 177K units in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 45%. The exports peaked at 506K units in 2021, and then dropped sharply in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel dropped sharply to $8M in 2022. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of $27M, and then shrank significantly in the following year.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Israel in 2022:

1. Japan (67.7K units)
2. Germany (48.1K units)
3. India (13.5K units)
4. Netherlands (12.9K units)
5. New Zealand (12.5K units)
6. United Kingdom (6.6K units)
7. United States (4.7K units)
8. South Korea (4.4K units)
9. Australia (1.9K units)

Source: IndexBox Market Intelligence Platform