Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,602 per ton in 2022, picking up by 22% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 22%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Romania ($1,602 per ton) and China ($1,602 per ton), while the price for Slovakia ($1,602 per ton) and Italy ($1,602 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,710 per ton, picking up by 18% against the previous year. In general, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 48% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Angola.
From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +10.3% per year.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel
In 2022, approx. 8.2K tons of iron or non-alloy steel wire, plated or coated with zincs were imported into Israel; dropping by -11.2% compared with the previous year's figure. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 7.6%.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs rose notably to $13M in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.6 | 5.1 | 6.7 | 7.1 | 8.2% |
| China | 0.8 | 1.3 | 2.9 | 2.7 | 50.0% |
| Czech Republic | 1.1 | 1.1 | 0.9 | 0.9 | -6.5% |
| United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
| Belgium | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Germany | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Slovakia | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Romania | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Poland | 0.5 | 0.8 | 0.1 | N/A | -55.3% |
| Others | 0.7 | 0.6 | 0.6 | 0.9 | 8.7% |
| Total | 9.9 | 9.5 | 12.1 | 13.1 | 9.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Israel in 2022:
- Turkey (4416.4 tons)
- China (1691.6 tons)
- Czech Republic (568.0 tons)
- United Arab Emirates (348.3 tons)
- Belgium (241.6 tons)
- Germany (192.3 tons)
- Slovakia (169.8 tons)
- Romania (39.3 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by -97.6% to 585 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 155%. As a result, the exports reached the peak of 25 tons, and then reduced rapidly in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs contracted rapidly to $1K in 2022. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 227% against the previous year. As a result, the exports reached the peak of $36K, and then dropped sharply in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Angola | N/A | N/A | 1.0 | 0% | |
| Nigeria | 11.0 | 10.0 | N/A | -9.1% | |
| Mexico | N/A | 25.0 | N/A | 0% | |
| Others | N/A | 1.0 | N/A | 0% | |
| Total | 11.0 | 36.0 | 1.0 | -69.8% | |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Israel in 2022:
- Angola (585.0 kg)
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