Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,921 per ton, increasing by 32% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +64.8% against 2017 indices. As a result, import price attained 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 highest price was recorded for prices from Italy ($10,922 per ton) and Canada ($10,922 per ton), while the price for France ($10,921 per ton) and the UK ($10,921 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $11,390 per ton, surging by 15% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 19%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Jordan ($11,392 per ton) and Finland ($11,392 per ton), while the average price for exports to the UK ($11,386 per ton) and Ireland ($11,390 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 Ireland (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel
Imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Israel fell to 1.2K tons in 2022, which is down by -12% compared with 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34%. As a result, imports attained the peak of 1.4K tons, and then fell in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $13M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 321 | 311 | 368 | 4,940 | 148.7% |
| United States | 3,944 | 5,091 | 7,230 | 4,371 | 3.5% |
| India | 34.0 | 57.0 | 937 | 737 | 178.8% |
| Germany | 922 | 372 | 526 | 562 | -15.2% |
| United Kingdom | 173 | 302 | 164 | 520 | 44.3% |
| Turkey | 12.0 | 64.0 | 431 | 372 | 214.1% |
| France | 521 | 369 | 226 | 353 | -12.2% |
| Canada | 1.0 | 19.0 | 55.0 | 235 | 517.1% |
| Switzerland | 252 | 133 | 109 | 229 | -3.1% |
| Italy | 476 | 100 | 305 | 162 | -30.2% |
| Netherlands | 311 | 244 | 31.0 | 78.0 | -36.9% |
| Others | 1,005 | 546 | 846 | 502 | -20.7% |
| Total | 7,972 | 7,608 | 11,228 | 13,061 | 17.9% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Israel in 2022:
- China (452.3 tons)
- United States (400.2 tons)
- India (67.5 tons)
- Germany (51.5 tons)
- United Kingdom (47.6 tons)
- Turkey (34.1 tons)
- France (32.3 tons)
- Canada (21.5 tons)
- Switzerland (21.0 tons)
- Italy (14.8 tons)
- Netherlands (7.1 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel
Exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Israel surged to 90 tons in 2022, picking up by 395% against 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,873%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $1M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 1,980% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 20.0 | 452 | 2160.0% |
| Spain | N/A | N/A | N/A | 378 | 0% |
| Ireland | N/A | 6.0 | N/A | 79.0 | 262.9% |
| Jordan | N/A | N/A | 12.0 | 37.0 | 208.3% |
| Finland | N/A | N/A | N/A | 32.0 | 0% |
| United Kingdom | 10.0 | N/A | 25.0 | 17.0 | 19.3% |
| India | 1.0 | N/A | 67.0 | 10.0 | 115.4% |
| Germany | N/A | 89.0 | 55.0 | N/A | -38.2% |
| Tanzania | N/A | 217 | N/A | N/A | 0% |
| Others | 4.0 | N/A | 1.0 | 21.0 | 73.8% |
| Total | 15.0 | 312 | 180 | 1,026 | 309.0% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Israel in 2022:
- United States (39.7 tons)
- Spain (33.2 tons)
- Ireland (6.9 tons)
- Jordan (3.2 tons)
- Finland (2.8 tons)
- United Kingdom (1.5 tons)
- India (0.9 tons)
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