Price for Steel, Alloy; Angles, Shapes and Sections in Israel - 2024
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Israel (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Israel (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Israel
- Exports of Steel, Alloy; Angles, Shapes and Sections in Israel
Price for Steel, Alloy; Angles, Shapes and Sections in Israel (CIF) - 2022
In 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $1,838 per ton, growing by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2019 an increase of 34%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,839 per ton) and the United States ($1,838 per ton), while the price for China ($1,838 per ton) and Spain ($1,838 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in Israel (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $3,354 per ton, reducing by -39.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 466% against the previous year. As a result, the export price attained the peak level of $12,650 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,064 per ton), while the average price for exports to the United States stood at $3,496 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.0%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Angles, Shapes and Sections in Israel
In 2022, supplies from abroad of steel, alloy; angles, shapes and sectionses decreased by -25% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 166% against the previous year. As a result, imports reached the peak of 1.4K tons, and then contracted dramatically in the following year.
In value terms, imports of steel, alloy; angles, shapes and sectionses reduced to $2M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 219% against the previous year. As a result, imports attained the peak of $2.1M, and then declined in the following year.
| Import of Steel, Alloy; Angles, Shapes and Sections in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.0 | 2.0 | 1,856 | 1,516 | 571.8% |
| United States | 196 | 154 | 36.0 | 306 | 16.0% |
| China | 462 | 113 | 128 | 100 | -40.0% |
| Germany | 96.0 | 180 | 14.0 | 22.0 | -38.8% |
| Italy | 26.0 | 48.0 | 3.0 | 2.0 | -57.5% |
| Turkey | 47.0 | 101 | 45.0 | 1.0 | -72.3% |
| Others | 74.0 | 61.0 | 19.0 | 27.0 | -28.5% |
| Total | 906 | 659 | 2,101 | 1,974 | 29.6% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Israel in 2022:
- Spain (824.6 tons)
- United States (166.4 tons)
- China (54.4 tons)
- Germany (12.0 tons)
- Italy (1.1 tons)
- Turkey (0.5 tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Israel
In 2022, the amount of steel, alloy; angles, shapes and sectionses exported from Israel rose slightly to 16 tons, picking up by 3.2% against the previous year. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 185% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of steel, alloy; angles, shapes and sectionses shrank sharply to $61K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 218%. As a result, the exports attained the peak of $85K, and then contracted markedly in the following year.
| Export of Steel, Alloy; Angles, Shapes and Sections in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 26.7 | 85.1 | 43.0 | 26.9% |
| Germany | N/A | N/A | N/A | 18.1 | 0% |
| Angola | 10.3 | N/A | N/A | N/A | 0% |
| Turkey | 4.9 | N/A | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 15.8 | 26.7 | 85.1 | 61.1 | 57.0% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Israel in 2022:
- United States (12.3 tons)
- Germany (3.6 tons)
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