Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (FOB) - 2022
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (CIF) - 2022
- Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $1,116 per ton, stabilizing at the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,195 per ton), while the average price for exports to Germany ($621 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%).
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $1,218 per ton, growing by 25% against the previous year. Over the period under review, the import price showed a strong increase. The growth pace was the most rapid in 2013 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,218 per ton), while the price for China amounted to $1,218 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel
In 2022, the amount of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s exported from Israel totaled 59 tons, almost unchanged from the previous year. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $66K in 2022. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | 4.0 | N/A | 31.0 | 178.4% | |
| United States | N/A | N/A | 26.0 | 0% | |
| Germany | N/A | N/A | 5.0 | 0% | |
| Others | N/A | N/A | 4.0 | 0% | |
| Total | 4.0 | N/A | 66.0 | 306.2% | |
Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Israel in 2022:
- Japan (25.9 tons)
- United States (21.8 tons)
- Germany (8.0 tons)
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel
In 2022, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s into Israel fell remarkably to 13 tons, reducing by -48.7% against the year before. Overall, imports saw a precipitous setback.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s contracted remarkably to $16K in 2022. Over the period under review, imports recorded a precipitous contraction.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | N/A | 13.0 | 0% | ||
| Italy | N/A | 1.0 | 0% | ||
| Germany | 14.1 | N/A | 0% | ||
| Turkey | 10.8 | N/A | 0% | ||
| Others | 0.1 | 2.0 | 1900.0% | ||
| Total | 25.0 | 16.0 | -36.0% | ||
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Israel in 2022:
- China (10.7 tons)
- Italy (0.8 tons)
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