Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel - 2024
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,944 per ton, rising by 18% against the previous year. Over the period under review, import price indicated modest 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; semi-finished products, other than of rectangular cross-sectia increased by +47.9% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 29%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($5,944 per ton) and the United States ($5,944 per ton), while the price for Italy ($5,944 per ton) and the UK ($5,944 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $8,684 per ton, shrinking by -17.9% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 42%. The export price peaked at $10,573 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($61,125 per ton), while the average price for exports to Sweden ($1,340 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 (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia imported into Israel skyrocketed to 265 tons, picking up by 87% against the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $1.6M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 300 | 416 | 244 | 1,200 | 58.7% |
India | 2.3 | 5.9 | 36.8 | 159 | 310.4% |
United States | 52.0 | 26.1 | 299 | 95.0 | 22.2% |
United Kingdom | 67.2 | 52.2 | 20.8 | 64.0 | -1.6% |
Italy | 23.8 | 4.8 | 52.8 | 49.0 | 27.2% |
Taiwan (Chinese) | 10.8 | 3.7 | 27.2 | N/A | 58.7% |
Others | 28.7 | 28.3 | 31.1 | 9.0 | -32.1% |
Total | 485 | 537 | 712 | 1,576 | 48.1% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Israel in 2022:
- China (201.9 tons)
- India (26.8 tons)
- United States (16.0 tons)
- United Kingdom (10.8 tons)
- Italy (8.2 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel
In 2022, after two years of decline, there was significant decline in shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia, when their volume decreased by -39.1% to 288 kg. Over the period under review, exports recorded a sharp curtailment.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell rapidly to $2.5K in 2022. In general, exports showed a significant curtailment.
Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | N/A | N/A | 0.7 | 0% |
Romania | 2.9 | N/A | 0.5 | 0.5 | -44.3% |
Sweden | 6.4 | N/A | 0.5 | 0.3 | -63.9% |
Singapore | 4.0 | N/A | 0.3 | 0.2 | -63.2% |
India | 1.2 | N/A | 0.2 | 0.1 | -56.3% |
Palestine | 1.0 | N/A | N/A | N/A | 0% |
Germany | 15.2 | N/A | N/A | N/A | 0% |
Netherlands | 17.6 | N/A | N/A | N/A | 0% |
Turkey | 7.3 | N/A | N/A | N/A | 0% |
Others | 13.5 | N/A | 3.4 | 0.8 | -61.0% |
Total | 69.0 | N/A | 5.0 | 2.5 | -66.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Israel in 2022:
- Sweden (191.0 kg)
- Japan (45.0 kg)
- India (24.0 kg)
- Singapore (11.0 kg)
- Romania (8.0 kg)
- Netherlands (1.0 kg)
- Palestine (1.0 kg)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Israel.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
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.
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