Price for Safety Pins and Other Pins; of Iron or Steel in Israel - 2024

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Israel (CIF) - 2022
2. Price for Safety Pins and Other Pins; of Iron or Steel in Israel (FOB) - 2022
3. Imports of Safety Pins and Other Pins; of Iron or Steel in Israel
4. Exports of Safety Pins and Other Pins; of Iron or Steel in Israel

Price for Safety Pins and Other Pins; of Iron or Steel in Israel (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $11,182 per ton, waning by -5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, average import prices hit record highs at $11,872 per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($12,195 per ton) and India ($11,076 per ton), while the price for Spain ($11,050 per ton) and the United States ($11,050 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Israel (FOB) - 2022

The average export price for safety pins and other pins; of iron or steels stood at $48,913 per ton in 2022, growing by 8.3% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 an increase of 82% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($48,000 per ton) and China ($47,619 per ton), while the average price for exports to the United States ($42,017 per ton) and the UK ($47,619 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 the UK (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Israel

Imports of safety pins and other pins; of iron or steels into Israel soared to 20 tons in 2022, jumping by 27% against the year before. Overall, imports, however, recorded a abrupt contraction.

In value terms, imports of safety pins and other pins; of iron or steels soared to $225K in 2022. Over the period under review, imports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Israel in 2022:

1. Germany (9.4 tons)
2. China (7.7 tons)
3. India (0.6 tons)
4. Turkey (0.5 tons)
5. Spain (0.5 tons)
6. United States (0.4 tons)
7. Italy (0.3 tons)
8. United Kingdom (0.3 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Israel

In 2022, overseas shipments of safety pins and other pins; of iron or steels were finally on the rise to reach 552 kg after two years of decline. Overall, exports, however, showed a significant contraction.

In value terms, exports of safety pins and other pins; of iron or steels surged to $27K in 2022. In general, exports, however, saw a precipitous curtailment.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Israel in 2022:

1. United States (238.0 kg)
2. Italy (125.0 kg)
3. Germany (84.0 kg)
4. United Kingdom (63.0 kg)
5. China (42.0 kg)

Source: IndexBox Market Intelligence Platform