Price for Powders of Pig Iron in Israel - 2023

Contents:

  1. Price for Powders of Pig Iron in Israel (FOB) - 2022
  2. Price for Powders of Pig Iron in Israel (CIF) - 2022
  3. Exports of Powders of Pig Iron in Israel
  4. Imports of Powders of Pig Iron in Israel

Price for Powders of Pig Iron in Israel (FOB) - 2022

The average powders of pig iron export price stood at $1,668 per ton in 2022, growing by 5.2% against the previous year. Over the period under review, the export price posted a slight increase. The pace of growth appeared the most rapid in 2014 an increase of 13%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,668 per ton) and Sweden ($1,668 per ton), while the average price for exports to the UK ($1,668 per ton) and Kazakhstan ($1,668 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 Sweden (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Powders of Pig Iron in Israel (CIF) - 2022

The average powders of pig iron import price stood at $2,710 per ton in 2022, growing by 34% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powders of pig iron import price increased by +108.8% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,718 per ton) and Taiwan (Chinese) ($2,718 per ton), while the price for Romania ($2,713 per ton) and France ($2,718 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Powders of Pig Iron in Israel

In 2022, approx. 843 tons of powders of pig ira were exported from Israel; dropping by -71.7% against 2021 figures. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 2,590% against the previous year. As a result, the exports reached the peak of 3K tons, and then shrank markedly in the following year.

In value terms, powders of pig iron exports contracted dramatically to $1.4M in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,925%. As a result, the exports attained the peak of $4.7M, and then reduced remarkably in the following year.

Export of Powders of Pig Iron in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3361493,77393140.5%
KazakhstanN/AN/A822308-62.5%
GermanyN/AN/A11589.0-22.6%
United KingdomN/AN/AN/A46.00%
SwedenN/AN/A5.031.0520.0%
Others64.07.04.01.0-75.0%
Total4001564,7191,40652.0%

Top Export Markets for Powders of Pig Iron from Israel in 2022:

  1. United States (558.0 tons)
  2. Kazakhstan (184.6 tons)
  3. Germany (53.3 tons)
  4. United Kingdom (27.6 tons)
  5. Sweden (18.6 tons)

Imports of Powders of Pig Iron in Israel

Powders of pig iron imports into Israel amounted to 795 tons in 2022, increasing by 5.3% against 2021 figures. Over the period under review, imports, however, recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 11%.

In value terms, powders of pig iron imports surged to $2.2M in 2022. Overall, imports, however, saw a noticeable decline.

Import of Powders of Pig Iron in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14494.010983879.9%
United Kingdom26011.017438914.4%
United States637438304357-17.6%
Germany504226523241-21.8%
Romania37.012010713453.6%
Taiwan (Chinese)N/AN/AN/A75.00%
France14.010.029.058.060.6%
Sweden92.049.024.011.0-50.7%
Russia474158122N/A-49.3%
Others20780.013753.0-36.5%
Total2,3691,1861,5292,156-3.1%

Top Suppliers of Powders of Pig Iron to Israel in 2022:

  1. China (308.3 tons)
  2. United Kingdom (143.1 tons)
  3. United States (131.3 tons)
  4. Germany (88.7 tons)
  5. Romania (49.4 tons)
  6. Taiwan (Chinese) (27.6 tons)
  7. France (21.3 tons)
  8. Sweden (4.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Israel