Price for Steel, Alloy; Ingots and Other Primary Forms in Israel - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Israel (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Israel
Price for Steel, Alloy; Ingots and Other Primary Forms in Israel (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $2,102 per ton in 2022, declining by -17.2% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,781% against the previous year. As a result, import price reached the peak level of $60,586 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Germany ($3,193 per ton), while the price for France ($497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.9%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Israel
In 2022, approx. 417 tons of steel, alloy; ingots and other primary formses were imported into Israel; increasing by 115% against 2021 figures. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 217%. As a result, imports attained the peak of 509 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, alloy; ingots and other primary formses skyrocketed to $876K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 159% against the previous year. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 363 | 951 | 188 | 611 | 19.0% |
| United States | 2.9 | 1.0 | 97.8 | 254 | 344.1% |
| France | 3.2 | 2.8 | 2.0 | 1.6 | -20.6% |
| Germany | 2.4 | 23.6 | 189 | 0.8 | -30.7% |
| Others | 15.4 | 24.5 | 13.8 | 8.4 | -18.3% |
| Total | 387 | 1,003 | 491 | 876 | 31.3% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Israel in 2022:
- United Kingdom (243.9 tons)
- United States (166.2 tons)
- France (3.1 tons)
- Germany (0.2 tons)
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