Price for Steel, Stainless; Angles, Shapes and Sections in Israel - 2024
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Israel (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Israel (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Israel
- Exports of Steel, Stainless; Angles, Shapes and Sections in Israel
Price for Steel, Stainless; Angles, Shapes and Sections in Israel (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $6,438 per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain 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 Germany ($6,439 per ton) and Italy ($6,439 per ton), while the price for Singapore ($6,438 per ton) and Switzerland ($6,438 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Israel (FOB) - 2022
The average export price for steel, stainless stood at $68,991 per ton in 2022, picking up by 472% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($24,843 per ton), while the average price for exports to Palestine ($7,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Israel
In 2022, approx. 205 tons of steel, stainless were imported into Israel; increasing by 5.8% against the previous year. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports reached the peak of 227 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless surged to $1.3M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Steel, Stainless; Angles, Shapes and Sections in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 102 | 71.0 | 44.0 | 479 | 67.5% |
| China | 50.0 | 33.0 | 15.0 | 245 | 69.8% |
| India | 199 | 544 | 432 | 214 | 2.5% |
| United States | 217 | 49.0 | 87.0 | 187 | -4.8% |
| Singapore | N/A | N/A | N/A | 60.0 | 0% |
| Switzerland | 19.0 | 59.0 | 162 | 47.0 | 35.2% |
| Hong Kong SAR | N/A | N/A | N/A | 38.0 | 0% |
| Germany | 34.0 | 135 | 17.0 | 16.0 | -22.2% |
| Italy | 22.0 | 41.0 | 54.0 | 13.0 | -16.1% |
| Netherlands | N/A | 11.0 | 67.0 | 1.0 | -69.8% |
| Spain | 66.0 | 1.0 | N/A | N/A | -98.5% |
| Cyprus | N/A | N/A | 101 | N/A | 0% |
| United Kingdom | 57.0 | 51.0 | 57.0 | N/A | 0.0% |
| Others | 33.0 | 113 | 83.0 | 18.0 | -18.3% |
| Total | 799 | 1,108 | 1,119 | 1,318 | 18.2% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Israel in 2022:
- Turkey (74.4 tons)
- China (38.1 tons)
- India (33.2 tons)
- United States (29.0 tons)
- Singapore (9.3 tons)
- Switzerland (7.3 tons)
- Hong Kong SAR (5.9 tons)
- Germany (2.5 tons)
- Italy (2.0 tons)
- Netherlands (0.2 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Israel
In 2022, overseas shipments of steel, stainless were finally on the rise to reach 1.4 tons after two years of decline. Over the period under review, exports, however, faced a abrupt curtailment.
In value terms, exports of steel, stainless skyrocketed to $33K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Angles, Shapes and Sections in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 16.7 | 0% |
| Netherlands | N/A | N/A | N/A | 15.7 | 0% |
| Germany | N/A | N/A | 2.4 | 0.3 | -87.5% |
| Palestine | 2.8 | 5.0 | 1.6 | 0.2 | -58.5% |
| United States | 2.1 | N/A | 11.1 | N/A | 129.9% |
| Papua New Guinea | 0.6 | N/A | N/A | N/A | 0% |
| Turkey | 1.8 | N/A | N/A | N/A | 0% |
| Others | 11.2 | 5.0 | N/A | N/A | -55.4% |
| Total | 18.6 | 10.0 | 15.0 | 32.9 | 20.9% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Israel in 2022:
- China (718.0 kg)
- Netherlands (630.0 kg)
- Germany (35.0 kg)
- Palestine (22.0 kg)
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