Price for Steel, Stainless; Ingots and Other Primary Forms in Israel - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Israel (FOB) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Israel (CIF) - 2022
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Israel
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Israel
Price for Steel, Stainless; Ingots and Other Primary Forms in Israel (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $46,010 per ton, growing by 365% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +169.1% per year.
Price for Steel, Stainless; Ingots and Other Primary Forms in Israel (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $4,904 per ton in 2022, picking up by 32% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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; ingots and other primary formses increased by +92.9% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 57% against the previous year. The import price peaked at $6,112 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,905 per ton), while the price for China ($4,902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Stainless; Ingots and Other Primary Forms in Israel
After three years of growth, shipments abroad of steel, stainless; ingots and other primary formses decreased by -94.4% to 1.7 tons in 2022. Over the period under review, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 157% against the previous year. As a result, the exports attained the peak of 31 tons, and then dropped sharply in the following year.
In value terms, exports of steel, stainless; ingots and other primary formses reduced remarkably to $79K in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 303%. As a result, the exports reached the peak of $303K, and then reduced dramatically in the following year.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 34.0 | 0% |
| Palestine | 16.7 | 28.2 | 55.7 | N/A | 82.6% |
| United Kingdom | N/A | 44.0 | 22.0 | N/A | -50.0% |
| Netherlands | N/A | 2.9 | 221 | N/A | 7520.7% |
| Canada | 17.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 3.3 | 45.0 | 1263.6% |
| Total | 34.2 | 75.0 | 303 | 79.0 | 32.2% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Israel in 2022:
- United States (1.7 tons)
Imports of Steel, Stainless; Ingots and Other Primary Forms in Israel
In 2022, after three years of growth, there was significant decline in overseas purchases of steel, stainless; ingots and other primary formses, when their volume decreased by -40.7% to 6.5 tons. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,516% against the previous year.
In value terms, imports of steel, stainless; ingots and other primary formses fell dramatically to $32K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 800%.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 18.0 | 41.0 | 23.0 | 184.4% |
| Japan | N/A | N/A | N/A | 8.0 | 0% |
| China | 1.0 | N/A | N/A | 1.0 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 18.0 | 41.0 | 32.0 | 152.0% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Israel in 2022:
- United States (4.7 tons)
- Japan (1.6 tons)
- China (0.2 tons)
497
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Israel.
4694
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
221
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2375
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
770
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1078
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
807
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
769
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
