Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,537 per ton in 2022, surging by 12% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 iron or steel cast fittings, other than of non-malleable cast ira increased by +46.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 the United States ($6,537 per ton) and Hong Kong SAR ($6,537 per ton), while the price for China ($6,537 per ton) and the UK ($6,537 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,038 per ton in 2022, shrinking by -20.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $7,628 per ton in 2021, and then shrank markedly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($7,082 per ton) and Austria ($6,029 per ton), while the average price for exports to Spain ($6,024 per ton) and Australia ($6,024 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Israel soared to 2.3K tons, growing by 29% on 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +62.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $15M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.2 | 3.9 | 6.2 | 18.8% |
| United States | 0.1 | 0.4 | 0.4 | 5.4 | 278.0% |
| Hong Kong SAR | 0.2 | 1.0 | 1.4 | 1.9 | 111.8% |
| Poland | 1.9 | 0.4 | 4.4 | 0.7 | -28.3% |
| Germany | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Belgium | N/A | 2.7 | N/A | 0.1 | -80.8% |
| Others | 0.3 | 0.1 | 0.2 | 0.5 | 18.6% |
| Total | 6.3 | 8.0 | 10.4 | 15.0 | 33.5% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Israel in 2022:
- China (955.7 tons)
- United States (819.4 tons)
- Hong Kong SAR (288.5 tons)
- Poland (110.8 tons)
- Germany (45.9 tons)
- Belgium (9.5 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Israel soared to 2K tons, jumping by 20% on 2021 figures. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira shrank to $12M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.3%. As a result, the exports reached the peak of $13M, and then reduced in the following year.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.7 | 2.8 | 3.6 | 3.1 | 4.7% |
| United States | 1.7 | 1.9 | 2.4 | 3.0 | 20.8% |
| Germany | 2.1 | 2.0 | 2.1 | 1.8 | -5.0% |
| Netherlands | 1.0 | 0.8 | 0.9 | 1.6 | 17.0% |
| Finland | 0.9 | 1.2 | 1.1 | 0.8 | -3.9% |
| Switzerland | 0.3 | 0.3 | 0.3 | 0.7 | 32.6% |
| Spain | 0.5 | 1.6 | 0.7 | N/A | 18.3% |
| Others | 1.8 | 1.1 | 1.4 | 0.9 | -20.6% |
| Total | 11.0 | 11.7 | 12.6 | 11.9 | 2.7% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Israel in 2022:
- Austria (521.8 tons)
- United States (497.9 tons)
- Germany (304.2 tons)
- Netherlands (263.7 tons)
- Finland (133.3 tons)
- Switzerland (108.3 tons)
- Spain (0.2 tons)
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