Israel - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Israel - 2023
Contents:
- Artificial Corundum Price in Israel (CIF) - 2022
- Artificial Corundum Price in Israel (FOB) - 2022
- Artificial Corundum Imports in Israel
- Artificial Corundum Exports in Israel
Artificial Corundum Price in Israel (CIF) - 2022
The average artificial corundum import price stood at $1,418 per ton in 2022, surging by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 an increase of 29%. The import price peaked at $1,456 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($1,418 per ton) and Austria ($1,418 per ton), while the price for China ($1,418 per ton) and Italy ($1,418 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Corundum Price in Israel (FOB) - 2022
In 2022, the average artificial corundum export price amounted to $1,551 per ton, with a decrease of -28.8% against the previous year. Overall, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2017 an increase of 26%. Over the period under review, the average export prices hit record highs at $2,180 per ton in 2021, and then contracted sharply in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,551 per ton), while the average price for exports to Singapore ($1,551 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 China (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Corundum Imports in Israel
Artificial corundum imports into Israel shrank rapidly to 3.4K tons in 2022, declining by -26.5% against the previous year. Overall, imports showed a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 4.6K tons, and then dropped sharply in the following year.
In value terms, artificial corundum imports declined to $4.8M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 +72.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, imports attained the peak of $5.1M, and then fell in the following year.
| Import of Artificial Corundum in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,208 | 725 | 1,171 | 1,615 | 10.2% |
| China | 967 | 506 | 1,183 | 821 | -5.3% |
| Italy | 446 | 145 | 455 | 609 | 10.9% |
| Brazil | 31.3 | 185 | 399 | 534 | 157.4% |
| Hungary | 348 | 148 | 423 | 296 | -5.3% |
| Germany | 312 | 305 | 363 | 273 | -4.4% |
| Austria | 187 | 167 | 371 | 201 | 2.4% |
| France | 179 | 178 | 174 | 153 | -5.1% |
| United States | 74.2 | 196 | 111 | 50.0 | -12.3% |
| Taiwan (Chinese) | 69.4 | 66.7 | 324 | 34.0 | -21.2% |
| Others | 173 | 141 | 167 | 185 | 2.3% |
| Total | 3,995 | 2,763 | 5,141 | 4,771 | 6.1% |
Top Suppliers of Artificial Corundum to Israel in 2022:
- Russia (1138.7 tons)
- China (578.8 tons)
- Italy (429.4 tons)
- Brazil (376.5 tons)
- Hungary (208.7 tons)
- Germany (192.5 tons)
- Austria (141.7 tons)
- France (107.9 tons)
- United States (35.3 tons)
- Taiwan (Chinese) (24.0 tons)
Artificial Corundum Exports in Israel
For the fourth consecutive year, Israel recorded growth in shipments abroad of artificial corundum, which increased by 14% to 28 tons in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, artificial corundum exports shrank rapidly to $44K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 62% against the previous year.
| Export of Artificial Corundum in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 4.7 | 19.1 | 33.0 | 159.0% |
| Singapore | 4.8 | 1.6 | 3.7 | 8.0 | 18.6% |
| United Kingdom | 3.0 | 13.2 | 10.5 | 3.0 | 0.0% |
| South Korea | 5.1 | 5.3 | 9.6 | N/A | 37.2% |
| Japan | 0.9 | 0.6 | 0.6 | N/A | -18.4% |
| Switzerland | 1.8 | 1.3 | 1.4 | N/A | -11.8% |
| China | 2.1 | 2.3 | 4.6 | N/A | 48.0% |
| Others | 1.4 | 4.9 | 4.5 | N/A | 79.3% |
| Total | 21.0 | 34.0 | 54.0 | 44.0 | 28.0% |
Top Export Markets for Artificial Corundum from Israel in 2022:
- United States (21.3 tons)
- Singapore (5.2 tons)
- United Kingdom (1.9 tons)
This report provides an in-depth analysis of the artificial corundum market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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