Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, surging by 8.3% against the previous year. Overall, the import price, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 10%. Over the period under review, average import prices attained the maximum at $0.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($0.3 per unit), while the price for China stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.9%), while the prices for the other major suppliers experienced a decline.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $4.2 per unit in 2022, jumping by 1,790% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12 per unit), while the average price for exports to France ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel

In 2022, imports of millstones, grindstones, grinding wheels and the like; of natural stones into Israel dropped notably to 3.8M units, falling by -41.8% against the year before. Over the period under review, imports showed a dramatic curtailment. The smallest decline of -8.9% was in 2021. Imports peaked at 8.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted notably to $1.1M in 2022. In general, imports continue to indicate a deep contraction. The smallest decline of -1.3% was in 2021. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,9331,6621,6501,000-19.7%
China6.912.811.818.037.7%
Indonesia12.916.95.9N/A-32.4%
Others75.099.299.396.08.6%
Total2,0281,7911,7671,114-18.1%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Israel in 2022:

  1. Spain (3.5M units)
  2. China (0.1M units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel

In 2022, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -47.1% to 24K units, falling for the second year in a row after two years of growth. In general, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 320% against the previous year. As a result, the exports reached the peak of 351K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones surged to $100K in 2022. Overall, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.32.1N/A46.0435.2%
South Africa0.10.2N/A22.0503.7%
United StatesN/A0.1N/A9.0848.7%
FranceN/A0.1N/A2.0347.2%
Singapore17.073.09.5N/A-25.2%
Others1.54.50.521.0141.0%
Total19.080.010.010073.9%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Israel in 2022:

  1. South Africa (13.2K units)
  2. China (7.8K units)
  3. France (1.2K units)
  4. United States (0.8K units)

Source: IndexBox Market Intelligence Platform

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