Price for Iron Ore and Concentrate, Non-Agglomerated in Israel - 2023

Contents:

1. Price for Iron Ore and Concentrate, Non-Agglomerated in Israel (CIF) - 2022
2. Price for Iron Ore and Concentrate, Non-Agglomerated in Israel (FOB) - 2022
3. Imports of Iron Ore and Concentrate, Non-Agglomerated in Israel
4. Exports of Iron Ore and Concentrate, Non-Agglomerated in Israel

Price for Iron Ore and Concentrate, Non-Agglomerated in Israel (CIF) - 2022

In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $132 per ton, which is down by -20.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $166 per ton, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Africa ($132 per ton) and Germany ($132 per ton), while the price for Canada ($132 per ton) and the UK ($132 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron Ore and Concentrate, Non-Agglomerated in Israel (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, non-agglomerated amounted to $98 per ton, falling by -36.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $154 per ton, and then reduced rapidly 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 Palestine amounted to +4.8% per year.

Imports of Iron Ore and Concentrate, Non-Agglomerated in Israel

In 2022, purchases abroad of iron ores and concentrates, non-agglomerated was finally on the rise to reach 318 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate, non-agglomerated imports skyrocketed to $42K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Israel in 2022:

1. United Kingdom (181.8 tons)
2. Germany (106.1 tons)
3. Canada (22.7 tons)
4. South Africa (7.6 tons)

Exports of Iron Ore and Concentrate, Non-Agglomerated in Israel

In 2022, overseas shipments of iron ores and concentrates, non-agglomerated decreased by -75% to 61 tons, falling for the second consecutive year after two years of growth. In general, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 184%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iron ore and concentrate, non-agglomerated exports contracted remarkably to $6K in 2022. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 205%. As a result, the exports attained the peak of $131K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Iron Ore and Concentrate, Non-Agglomerated from Israel in 2022:

1. Jordan (61.0 tons)

Source: IndexBox Market Intelligence Platform