Israel - Hot-Rolled Wire Rod - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Hot-Rolled Wire Rod in Coils in Israel - 2024
Contents:
- Price for Hot-Rolled Wire Rod in Coils in Israel (CIF) - 2024
- Price for Hot-Rolled Wire Rod in Coils in Israel (FOB) - 2022
- Imports of Hot-Rolled Wire Rod in Coils in Israel
- Exports of Hot-Rolled Wire Rod in Coils in Israel
Price for Hot-Rolled Wire Rod in Coils in Israel (CIF) - 2024
The average import price for hot-rolled wire rods in coils stood at $746 per ton in January 2024, standing approximately at the previous month. Over the period under review, the import price saw a slight decrease. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 2.6% m-o-m. Over the period under review, average import prices hit record highs at $847 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($997 per ton), while the price for Turkey ($743 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Hot-Rolled Wire Rod in Coils in Israel (FOB) - 2022
The average export price for hot-rolled wire rods in coils stood at $1,249 per ton in 2022, reducing by -54.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 248%. As a result, the export price attained the peak level of $2,732 per ton, and then declined significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Jordan.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.5% per year.
Imports of Hot-Rolled Wire Rod in Coils in Israel
Hot-rolled wire rod in coils imports into Israel rose modestly to 746K tons in 2022, growing by 1.6% on the previous year's figure. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, hot-rolled wire rod in coils imports skyrocketed to $705M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Hot-Rolled Wire Rod in Coils in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | 5.5 | 338 | 6045.5% |
Switzerland | 2.0 | 208 | 3.1 | 188 | 354.7% |
Turkey | 125 | 42.7 | 74.4 | 75.2 | -15.6% |
Greece | 22.2 | 12.5 | 60.5 | 37.7 | 19.3% |
Hong Kong SAR | N/A | N/A | 0.2 | 16.4 | 8100.0% |
Jordan | N/A | 11.1 | N/A | 11.7 | 2.7% |
Russia | 125 | N/A | 303 | 10.9 | -55.7% |
Ukraine | 18.8 | 0.2 | 60.1 | 0.5 | -70.2% |
Belarus | 38.8 | N/A | 44.7 | N/A | 7.3% |
Others | 19.9 | 21.1 | 37.2 | 26.3 | 9.7% |
Total | 352 | 295 | 588 | 705 | 26.1% |
Top Suppliers of Hot-Rolled Wire Rod in Coils to Israel in 2022:
- United Arab Emirates (358.6K tons)
- Switzerland (199.9K tons)
- Turkey (78.2K tons)
- Greece (40.3K tons)
- Hong Kong SAR (17.0K tons)
- Jordan (12.5K tons)
- Russia (11.2K tons)
- Ukraine (0.6K tons)
Exports of Hot-Rolled Wire Rod in Coils in Israel
In 2022, overseas shipments of hot-rolled wire rods in coils decreased by -15.9% to 36 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hot-rolled wire rod in coils exports reduced sharply to $45K in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 111%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Hot-Rolled Wire Rod in Coils in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | N/A | N/A | N/A | 45.0 | 0% |
Spain | N/A | 952 | N/A | N/A | 0% |
Thailand | 387 | N/A | N/A | N/A | 0% |
United States | N/A | 31.0 | 62.0 | N/A | 100.0% |
India | N/A | 29.0 | N/A | N/A | 0% |
Denmark | N/A | 92.0 | 54.0 | N/A | -41.3% |
South Africa | 127 | N/A | N/A | N/A | 0% |
Others | 10.0 | 3.0 | 1.0 | N/A | -68.4% |
Total | 524 | 1,107 | 117 | 45.0 | -55.9% |
Top Export Markets for Hot-Rolled Wire Rod in Coils from Israel in 2022:
- Jordan (36.0 tons)
This report provides an in-depth analysis of the hot-rolled wire rod market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 2410T231 - Hot-rolled wire rod
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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